Hainan free trade port to deepen cooperation with Malaysian, Asean ports
KUALA LUMPUR: Hainan is emerging as a key gateway between China and the global economy as it accelerates the development of its free trade port (FTP), with new opportunities spanning supply chains, digital trade, investment, tourism and education.
Hainan is becoming an essential link between China and the world as its free trade port develops. A special documentary on Bernama TV, titled "2026: Towards The Hainan Free Trade Port," reveals how the 35,000-square-kilometre island is reshaping its economy and strengthening ties with regional and global markets. The island's Yangpu Port, a major international gateway, already has three key shipping routes linked to Malaysia, with direct calls at Port Klang and Pasir Gudang.
Du Chengcai, deputy general manager of production operation centre at Hainan Harbor and Shipping Holding Co Ltd, stated that the port aims to optimize its route network, increase sailing frequency, and deepen cooperation with Malaysian and Asean ports. This effort aims to enhance transshipment efficiency and service standards, ultimately building a tighter China-Asean supply chain.
The documentary also highlights Hainan's attractive corporate and personal income tax rate of 15% for eligible businesses and individuals, which is helping to attract digital enterprises and international investment. Beyond traditional trade, Hainan is exploring opportunities in medical and marine tourism, international education, and its historical cultural connections with Southeast Asia, especially Malaysia. "2026: Towards The Hainan Free Trade Port" will be broadcast on Bernama TV on August 18 at 8:30 pm.
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