Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen
Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen
China economy
Economy /  China Economy

China’s Hainan tries to put aside past failures as it forges ahead with new free-trade port plan

  • Hainan’s offshore duty-free sales have surged over the past year and companies are rushing to set up shop on the island
  • But earlier plans to transform the island’s economy failed to meet expectations, leaving some locals taking a wait-and-see approach

Topic |   China economy
Orange Wang
Orange Wang

Updated: 4:59pm, 5 May, 2021

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Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen
Beijing plans to turn Hainan, a popular holiday destination sometimes referred to as China’s Hawaii, into the nation’s largest free-trade zone. Illustration: Lau Ka-kuen
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