100 days before.<\/span><\/a> <\/p>\nUnder this arrangement, most international goods can enter Hainan province tariff-free, while it maintains a separate customs boundary from the rest of China. <\/p>\n
While China has set up free trade zones within places such as Shanghai city and the provinces of Guangdong and Fujian, Hainan is the first case where an entire province is being developed as a free trade port.<\/p>\n
\u201cWe look to Singapore as a model to learn from,\u201c Mr Feng said, thanking Singapore for having provided training to his officials.\u00a0<\/p>\n
He acknowledged that Hainan still has much catching up to do. Yangpu, the island\u2019s main container port, handles about 3.3 million twenty-foot equivalent units (TEUs) a year, compared with well over 30 million TEUs in Singapore.<\/p>\n
But Mr Feng said Hainan has its strengths.\u00a0He noted that the free trade port could serve as a gateway for foreign firms to access China\u2019s vast domestic market, mirroring Singapore\u2019s position as a free trade port that serves as a gateway to South-east Asia.<\/p>\n
The island province is also\u00a0developing renewable energy capacity, including offshore wind power, leveraging its proximity to the South China Sea.\u00a0\u00a0<\/p>\n
PM Wong said this presents opportunities for cooperation, noting that Singapore, which has limited land for data centres, could explore locating such facilities in Hainan and tap the relatively abundant electricity generated by its wind farms. This is provided that both China and Singapore can allow the free flow of data, he said. <\/p>\n
PM Wong added that discussions on a digital economy agreement between the two countries are under way.<\/p>\n
The two leaders agreed that Singapore and Hainan have much to gain from cooperation and that there is strong complementarity between them.\u00a0\u00a0<\/p>\n
PM Wong, whose father was born in Hainan, told Mr Feng this is his first visit to Hainan as prime minister. <\/p>\n
He later posted a photo of himself trying the local speciality on X, writing: \u201cHad to try the Hainanese Wenchang chicken rice here in Hainan!\u201d<\/p>\n<\/div>\n
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