EconomyChinese expert sees bright future for Hainan through innovation

Pei Guangyi, a professor at Hainan Normal University, says institutional innovation will make Hainan’s development more effective, shifting from strategic preferences to precise rules that spur sectoral growth. Under a customs system introduced on December 18, 2025, the range of goods exempt from import duties grew from 1,900 to 6,600 items, or 74% of the total.

Hainantradeinstitutional innovation

TTASS★★☆☆☆2026-11-09 12:33Original