News / China unveils plan to develop Hainan Island as a major south-western hub port

Credit Hainan Port.

Beijing has announced that the Hainan Free Trade Port Law, part of its efforts to develop a globally influential free trade port in Hainan province, was adopted on yesterday.

The legislation, which takes effect immediately, provides China with a legal guarantee in its pursuit of building a high-quality free trade port on Hainan Island.

Meanwhile, Yangpu port in Hainan Island will be developed into an international container hub port in the southernmost part of China, under the country’s 14th five-year plan, “to ...