Economy
Hainan is where China tests its next opening model
Hainan Free Trade Port is China’s testbed for a new opening model — centred on institutions, ecosystem-building and two-way cooperation. Rather than sidelining Singapore, this points to a broader and more integrated regional economic architecture. Academic Gu Qingyang shares his views.
Gu Qingyang
27 Jan 2026
Economy
Hainan Free Trade Port: A game changer?
In December 2025, Hainan became an independent customs zone from the rest of mainland China, advancing its aim of becoming a globally influential free trade port by 2050. Other factors, not just favourable tariffs alone, will determine the success of this project, says academic Ngeow Chow Bing.
Ngeow Chow Bing
07 Jan 2026
Society
Hainan hosts Kanye West: Bold move fuels economic gains and public controversy
Hoping to boost its image as an entertainment centre, Hainan successfully hosted the concert of popular American rapper Kanye West. Lianhe Zaobao China Desk looks into the economic benefits of the event, along with the controversies that followed.
China Desk, Lianhe Zaobao
20 Sep 2024
Economy
China’s third plenum doubles down on free trade zones
China is counting on its 22 free trade zones and only free trade port in the southern Hainan province to give its reform and opening up a lift. But headwinds in the tense geopolitical environment could keep foreign investment at bay. EAI deputy director Chen Gang explains.
Chen Gang
01 Aug 2024
Economy
China's first half GDP growth: Has the economy bottomed out?
While the latest economic data from China show encouraging GDP growth, taken in context, many provinces are actually seeing slower growth as compared with the first quarter of this year. Lianhe Zaobao journalist Li Kang examines the figures and speaks to economists to find out more.
Li Kang
02 Aug 2023
Economy
Here's how Hainan can become the next financial hub
Hainan is set to become China's first free trade port and has great potential to beef up its financial offerings. Academics Pei Sai Fan and Chen Jingwei present a number of suggestions that could boost the Chinese province's standing as an international hub for financial and regulatory innovations, green financing and connectivity.
Pei Sai Fan, Chen Jingwei
15 Aug 2022
Economy
Hainan Free Trade Port: Replacing Hong Kong?
Offshore duty-free policy, lower rentals and proximity to mainland China - will the development of Hainan free trade port impact Hong Kong's functions and status? Zaobao correspondent Meng Dandan seeks experts' views for a clearer picture.
Meng Dandan
09 Jun 2020