An economic and trade delegation from Hainan Province visited Hong Kong from October 19 to 20, signing memoranda of cooperation with The Chinese Manufacturers' Association of Hong Kong (CMA) and the Federation of Hong Kong Industries (FHKI) to advance pragmatic cross-border collaboration in trade and investment, manufacturing industrial chains, and professional services. The agreements establish a regular liaison mechanism and a long-term cooperation platform covering information sharing, business matchmaking, exhibition collaboration, and professional services, providing solid support for business cooperation between Hainan and Hong Kong enterprises.
During the visit, the delegation visited the CCPIT Representative Office in Hong Kong, held discussions with CMA, and co-hosted the Hainan Free Trade Port (Hong Kong) Economic and Trade Cooperation Exchange Meeting with FHKI. The event showcased the policies, key industrial layout, and investment opportunities of the Hainan Free Trade Port (FTP) and arranged one-on-one business matchmaking between Hainan and Hong Kong enterprises. The visit underscores Hainan's push to attract investment and deepen ties with Hong Kong, a major source of foreign capital for the province.
Wang Yuyuan, Vice President of the China Council for the Promotion of International Trade Hainan Sub-council (CCPIT Hainan) and China Chamber of International Commerce Hainan Chamber of Commerce, noted that since the official launch of island-wide special customs operations at the Hainan FTP on December 18, 2025, 174,000 new enterprises have been registered, representing a year-on-year surge of 95.9 percent. Newly established foreign-invested enterprises rose by 35.8 percent year on year. In the first half of this year, inbound and outbound tourist arrivals exceeded 70 million, up 28 percent year on year, with the number of visa-free entry countries expanding to 88. From January to August, the province's total goods import and export volume hit 250 billion yuan, growing by 61.5 percent year on year. Hainan is rapidly emerging as a critical gateway connecting China with the rest of the world and a prime channel for two-way investment.
According to CCPIT Hainan, Hong Kong ranks as a major source of foreign investment for Hainan. In the first half of this year, Hainan registered 1,303 new foreign-invested enterprises, an increase of 38.62 percent year on year, with Hong Kong-funded enterprises accounting for the lion's share. Hainan has issued offshore RMB local government bonds in Hong Kong for four consecutive years, with a cumulative issuance volume reaching 18 billion yuan. The new memoranda build on this momentum, aiming to institutionalize cooperation and facilitate more business partnerships.
CMA is one of Hong Kong's most representative non-profit industrial and commercial bodies, with around 3,000 member enterprises, providing services including exhibitions, brand promotion, testing, and certification. FHKI, one of Hong Kong's four major chambers of commerce, has approximately 2,000 corporate members and focuses on boosting the sustained development of Hong Kong industry and manufacturing through policy advocacy, business matchmaking, certification services, and youth talent cultivation. The collaboration with these influential chambers is expected to open new avenues for Hainan and Hong Kong enterprises to collaborate in manufacturing, trade, and professional services, further integrating Hainan into global supply chains.
The announcement, reported by Media OutReach Newswire, highlights Hainan's growing role as a free trade hub and Hong Kong's strategic position as a bridge for foreign investment. With the Hainan FTP's rapid enterprise growth and expanding trade volumes, the partnership is poised to enhance economic ties and create new opportunities for businesses in both regions.
