Hainan's path to a free trade zone

Beijing's master plan: The southern Chinese island paradise of Hainan is to be transformed into a high-tech location with an attached free trade zone. Tax breaks, special permits for the use of medicines, and high-tech settlements are intended to attract investors. However, the island is still sparsely populated and is financed through tourism. Bankruptcies and corruption scandals have accompanied the development of the region.

Last updated: 24. July 2025