{"id":57730,"date":"2026-05-26T08:36:00","date_gmt":"2026-05-26T01:36:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=57730"},"modified":"2026-05-26T08:36:00","modified_gmt":"2026-05-26T01:36:00","slug":"hainan-and-hong-kong-explore-greater-economic-cooperation","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=57730","title":{"rendered":"Hainan and Hong Kong explore greater economic cooperation"},"content":{"rendered":"<p><span class=\"legendSpanClass\">HAIKOU, China<\/span>, <span class=\"legendSpanClass\">May 22, 2026<\/span> \/PRNewswire\/ &#8212; A news report from China Daily:<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2986097\/image1.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2986097\/image1.jpg?p=medium600\" title=\"The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.\" alt=\"The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.\" \/> <\/a> <br \/><span>The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.<\/span><\/p>\n<\/div>\n<p>Delegates from\u00a0Hainan province and Hong Kong pledged deeper collaboration in finance, technology, data flows and tourism during a conference in Haikou on Thursday, with officials positioning the southern island province as a gateway for international companies entering the Chinese mainland market.<\/p>\n<p>Hainan Party Secretary Feng Fei called on Hong Kong entrepreneurs to expand investment in the Hainan Free Trade Port, which offers zero-tariff policies, low tax rates and a simplified tax system. He promised &#8220;maximum sincerity, optimal services and the best environment&#8221; for businesses setting up operations in Hainan.<\/p>\n<p>&#8220;Hong Kong and Hainan have walked forward hand-in-hand, and the road to cooperation has grown wider,&#8221; Feng said.<\/p>\n<p>Jonathan Choi Koonshum, chairman of the Chinese General Chamber of Commerce and the Hong Kong-based Sunwah Group, highlighted policy synergies between Hainan&#8217;s zero-tariff policies and Hong Kong&#8217;s free-port framework.<\/p>\n<p>He recommended that Hong Kong companies, particularly in electronics and pharmaceuticals, establish factories in Hainan to benefit from tariff exemptions on value-added processed goods, helping build cross-border supply chains for the Asia-Pacific market.<\/p>\n<p>Choi also proposed a cross-border &#8220;bonded computing power zone&#8221; in Hainan, allowing Hong Kong researchers to access lower-cost computing resources on the mainland through a whitelist management system.<\/p>\n<p>&#8220;Hainan has unique policy advantages in cross-border data flows and power costs,&#8221; he said.<\/p>\n<p>Xing Dandan, CEO of Hainan Modern Technology Group, called for a &#8220;front store, back factory&#8221; model to deepen Hainan-Hong Kong ties. She identified four priority areas: international computing power trading, space data exports, AI-driven remote sensing services, and leveraging Hong Kong&#8217;s capital markets to support AI development.<\/p>\n<p>&#8220;This month we completed the country&#8217;s first approved space data export order, reflecting the free trade port&#8217;s policy advantages,&#8221; Xing said.<\/p>\n<p>Connie Leung, vice-chairwoman of the culture committee of the Hong Kong Chinese General Chamber of Commerce, said Hainan&#8217;s production and processing capabilities could complement Hong Kong&#8217;s financial and professional services.<\/p>\n<p>Hong Kong has long been Hainan&#8217;s largest source of external investment. In 2025, Hong Kong companies established 793 new ventures in Hainan, while trade between the two sides reached 9.35 billion yuan ($2.6 billion), more than triple the 2020 level.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\">HAIKOU, China<\/span>, <span class=\"legendSpanClass\">May 22, 2026<\/span> \/PRNewswire\/ &#8212; A news report from China Daily:<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2986097\/image1.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2986097\/image1.jpg?p=medium600\" title=\"The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.\" alt=\"The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.\" \/> <\/a> <br \/><span>The Hainan-Hong Kong Entrepreneur Cooperation Conference is held in Haikou, Hainan province on May 21.<\/span><\/p>\n<\/div>\n<p>Delegates from\u00a0Hainan province and Hong Kong pledged deeper collaboration in finance, technology, data flows and tourism during a conference in Haikou on Thursday, with officials positioning the southern island province as a gateway for international companies entering the Chinese mainland market.<\/p>\n<p>Hainan Party Secretary Feng Fei called on Hong Kong entrepreneurs to expand investment in the Hainan Free Trade Port, which offers zero-tariff policies, low tax rates and a simplified tax system. He promised &#8220;maximum sincerity, optimal services and the best environment&#8221; for businesses setting up operations in Hainan.<\/p>\n<p>&#8220;Hong Kong and Hainan have walked forward hand-in-hand, and the road to cooperation has grown wider,&#8221; Feng said.<\/p>\n<p>Jonathan Choi Koonshum, chairman of the Chinese General Chamber of Commerce and the Hong Kong-based Sunwah Group, highlighted policy synergies between Hainan&#8217;s zero-tariff policies and Hong Kong&#8217;s free-port framework.<\/p>\n<p>He recommended that Hong Kong companies, particularly in electronics and pharmaceuticals, establish factories in Hainan to benefit from tariff exemptions on value-added processed goods, helping build cross-border supply chains for the Asia-Pacific market.<\/p>\n<p>Choi also proposed a cross-border &#8220;bonded computing power zone&#8221; in Hainan, allowing Hong Kong researchers to access lower-cost computing resources on the mainland through a whitelist management system.<\/p>\n<p>&#8220;Hainan has unique policy advantages in cross-border data flows and power costs,&#8221; he said.<\/p>\n<p>Xing Dandan, CEO of Hainan Modern Technology Group, called for a &#8220;front store, back factory&#8221; model to deepen Hainan-Hong Kong ties. She identified four priority areas: international computing power trading, space data exports, AI-driven remote sensing services, and leveraging Hong Kong&#8217;s capital markets to support AI development.<\/p>\n<p>&#8220;This month we completed the country&#8217;s first approved space data export order, reflecting the free trade port&#8217;s policy advantages,&#8221; Xing said.<\/p>\n<p>Connie Leung, vice-chairwoman of the culture committee of the Hong Kong Chinese General Chamber of Commerce, said Hainan&#8217;s production and processing capabilities could complement Hong Kong&#8217;s financial and professional services.<\/p>\n<p>Hong Kong has long been Hainan&#8217;s largest source of external investment. In 2025, Hong Kong companies established 793 new ventures in Hainan, while trade between the two sides reached 9.35 billion yuan ($2.6 billion), more than triple the 2020 level.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-57730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/57730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57730"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/57730\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}