ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China's Hainan to be tariff-free to rival Hong Kong

Southern province aims to become world-class trading hub by 2050

BEIJING -- China has designated the southern island province of Hainan as a free trade port and will offer tax and trade incentives to draw businesses and tourists, with an apparent goal of providing a mainland alternative to Hong Kong.

The plan is to open up Hainan in stages, with interim milestones in 2025 and 2035 before fully transforming into a world-class port city by midcentury.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more