China’s Hainan Free Trade Port: a dynamic hub for growth, not a tax haven
By Wang Donghui, People’s Daily The implementation of independent customs operations across Hainan Island has significantly accelerated the development of China’s Hainan Free Trade Port (FTP). A suite of preferential tax policies supports this momentum, designed to foster investment and industrial growth. However, these incentives raise a pertinent question: could the Hainan FTP become a…