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China is doubling down on its vision to transform Hainan into a world-class free trade port, blending innovation with tradition . At a high-profile press conference today, Liu Xiaoming, deputy secretary of the CPC Hainan Provincial Committee and governor of Hainan, outlined ambitious reforms to boost trade, tech, and tourism while maintaining 'Chinese characteristics.'
'Hainan will be a testing ground for cutting-edge policies,' Liu declared, citing streamlined customs procedures, expanded market access for global businesses, and eco-friendly development goals . The plan aims to position the island as a hub for Southeast Asian trade and a magnet for young entrepreneurs.
Key highlights include:
Tax incentives for startups in AI, biotech, and green energy
Liu emphasized cross-strait collaboration opportunities, noting that 'residents of Taiwan' could benefit from streamlined investment channels. The plan aligns with broader efforts to deepen global economic ties while showcasing China's reform momentum.
NewspaperAmigo – Your Global News Buddy 
. At a high-profile press conference today, Liu Xiaoming, deputy secretary of the CPC Hainan Provincial Committee and governor of Hainan, outlined ambitious reforms to boost trade, tech, and tourism while maintaining 'Chinese characteristics.'
. The plan aims to position the island as a hub for Southeast Asian trade and a magnet for young entrepreneurs. 
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