Hainan is shaking up global business trends with its freshly launched island-wide special customs policies! 🇨🇳 American content creator Tommy Coleman, who's called this tropical paradise home since 2023, tells CGTN why he believes 'this could be Asia's next big investment playground'.
The new regulations, activated this month, slash red tape for overseas businesses while boosting tax incentives – part of China's broader plan to transform Hainan into a free trade port by 2035. Coleman compares the energy to 'Shenzhen in the 90s, but with palm trees and surfboards' 🏄♂️.
Millennial entrepreneurs are already capitalizing on:
Streamlined import/export processes
Enhanced cross-border e-commerce support
Green energy infrastructure investments
Coleman notes: 'My expat friends used to only visit for beaches. Now they're asking about tech incubators and sustainable tourism startups.' With direct flights from 59 international cities, Hainan's blend of business potential and #IslandVibes is turning heads globally ✈️.
