CGTN: Hainan's Message to the World: CGTN's Exclusive Interview with Governor Liu Xiaoming

BEIJING,March 11, 2025/PRNewswire/ --A Historic Milestone forHainan

The Hainan Free Trade Port (Hainan FTP) is approaching a historic milestone with the implementation of independent customs operations, a key objective outlined in theMaster Plan for Building the Hainan Free Trade Port. This achievement marks a fundamental and symbolic step inHainan'songoing development, as the initiative has been written into the provincial government work report for seven consecutive years. Chinese President Xi Jinping has emphasized the importance of this initiative, stressing the need for a smooth, orderly, and risk-free transition.

In an exclusive interview with CGTN'sLiu Xin, Mr.Liu Xiaoming, Governor of theHainan Province, confirmed that preparations are well underway to ensure a smooth and successful transition before the end of the year.

Contrary to misconceptions about isolation, the customs framework follows a"front line open, second line controlled, and free movement within"model. This structure facilitates international trade while maintaining necessary regulatory oversight betweenHainanand the mainland.

"Progress has been smooth, with five major systems – policy, infrastructure, risk control, industry, and organizational support – gradually taking shape,"said Mr. Liu."We are ready."

A Business Environment Open to the World

Beyond customs operations,Hainanis committed to enhancing its business environment, recognizing it as a"golden ticket"to success. Efforts have been made to develop a market-oriented, law-based, and globalized business environment.Hainanhas taken a national lead in streamlining government services, introducing a one-stop enterprise service platform with smart policy matching, credit repair, and regulatory support. Foreign enterprises registered inHainanenjoy equal access to these services.

Addressing concerns about foreign investors'experiences inHainan,Liu Xiaomingemphasized the importance of improving internet access and payment convenience. Policies have been implemented to facilitate smoother transactions and daily life for foreign businesses and residents.

Strategic Industries Driving Growth

The province has focused on four key industries: tourism, modern services, high-tech industries, and tropical agriculture. The combined share of these sectors inHainan'seconomy has increased from 52.4% in 2018 to 67% in 2023. Additionally,Hainanhas embraced five strategic directions: agriculture, maritime, aerospace, green development, and the digital economy.

Maritime development, in particular, stands out as a priority."Harnessing the power of the ocean"is a key initiative forHainan, which oversees about 2 million square kilometers of ocean, mostly deep sea. With nearly 1,000 enterprises and research institutions already engaged in deep-sea technology and marine industries,Hainan'smaritime economy has maintained double-digit growth, contributing to over one-third of the province's GDP. Plans are underway to further expand deep-sea energy, high-end equipment manufacturing, offshore aquaculture, marine biomedicine, and maritime tourism."Our goal is to create a'newHainanon the sea'within the next decade,"Liu Xiaomingstated.

Leading the Way in Green Development

In addition to economic development, environmental sustainability remains a top priority.Hainanis recognized as having the best ecological environment inChina.

A prime example ofHainan'sgreen initiatives is the Bo'ao near-zero carbon demonstration zone. Through energy-efficient building renovations, renewable energy replacements, and agro-photovoltaic systems, carbon emissions onDongyu Island, a permanent site for the Bo'ao Forum forAsia, have been reduced by 96.2%. The German Energy Agency has certified this asChina'sfirst regional near-zero carbon demonstration zone.

With independent customs operations on the horizon, ever-improving business environment, strategic industrial development, and firm ecological commitments,Hainanis poised to become a global leader in trade, innovation, and sustainability. The Free Trade Port's future promises dynamic growth and increased international engagement, ensuring that its development aligns with both national goals and global economic trends.

SOURCE CGTN