People shop at a duty-free store in Haikou, the capital of Hainan province, on February 3. Photo: Xinhua
People shop at a duty-free store in Haikou, the capital of Hainan province, on February 3. Photo: Xinhua
Jinyuan Li
Opinion

Opinion

Macroscope by Jinyuan Li

As China’s zero-Covid policy takes an economic toll, Hainan free-trade port could provide a boost

  • The Shanghai lockdown exposed China’s dependence on regional economic hubs. The creation of a new trade zone will help to more evenly distribute talent, capital and activity
  • Hainan’s location, size and favourable policy environment make it an ideal platform for expanding China’s overseas political and economic engagement

People shop at a duty-free store in Haikou, the capital of Hainan province, on February 3. Photo: Xinhua
People shop at a duty-free store in Haikou, the capital of Hainan province, on February 3. Photo: Xinhua
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