Vice President of China Association of Trade in Services: The benefits of Hainan Free Trade Port's open policies are gradually being released.

"The benefits of the opening policy of the Hainan Free Trade Port have been gradually released." Zhao Jinping, Vice President of the China Association of Trade in Services and member of the Expert Advisory Committee for the Construction of the Hainan Free Trade Port, said at the 2025 Sanya Finance International Forum and the Fifth Sanya Wealth Management Conference on the 27th that from 2019 to 2024, the average annual growth rate of Hainan's local product exports reached 13.6%, which was 5.5 percentage points higher than the national average growth rate. Zhao Jinping believes that after the closure of the Hainan Free Trade Port, the policy advantages are gradually becoming apparent, and the number of companies registered in Hainan with supply chain service functions will quickly increase. Similar to offshore trade, "offshore trade" will face huge new development opportunities. Tourism services, maintenance and repair services, cultural and entertainment services, and other service trades will inject lasting momentum into the development of the open economy of the Hainan Free Trade Port.