Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua
Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua

Hong Kong unlikely to lose edge as global hub despite China’s plan to turn Hainan into free trade port, business chiefs and industry experts say

  • City’s status as a trading hub and shopping paradise will not be overtaken by province, at least in short term, says head of small-business chamber
  • Special policies for Hainan include lower income tax rate and relaxed visa requirements for travellers

Topic |   Hong Kong economy
Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua
Beijing unveiled a package of policies to shape Hainan into a free trade hub. Photo: Xinhua
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