China - December 06, 2024 China's Ministry of Foreign Affairs hosts event to promote Hainan Free Trade Port (Voice_over) The Hainan Free Trade Port encompasses the entirety of Hainan Island, spanning a total area of 34,000 square kilometers. It offers policy advantages such as low tax rates, enhanced openness in trade, seamless transportation, and robust people-to-people exchanges. (Sound_bite) Wang Yi, Chinese Foreign Minister: "The construction of the Hainan Free Trade Port is taking shape, attracting more and more regional and global enterprises to invest and start businesses there. It reflects an open, enterprising, and innovative atmosphere." (Voice_over) The foreign minister highlighted that the free trade port has become a new frontier for China's opening-up and a focal point for mutually beneficial regional cooperation. (Sound_bite) Huub Buise, Minister Counsellor for Economy and Trade, Netherlands: "For us, Hainan is ,of course, known as an island for tourism and good seafood. But we noticed that it has much more to offer. I've already seen pictures about medical care and energy. These are sectors we are very interested in." (Voice_over) At the event, Hainan's local officials and merchants showcased the island's appeal, emphasizing why global enterprises should seize the opportunity to invest in the province. (Sound_bite) Ma Yuhong, Deputy Director-General, Department of Agriculture & Rural Affairs, Hainan Province: "Through tropical science and technology, we've developed many new varieties in Hainan, such as the two-color dragon fruit, which is both red and white. There’s also the red pineapple, known for its superior taste, and finger lemons, which are excellent as a condiment." (Sound_bite) Li Yu, Chairman, Hainan State Farms Tropical Products Industry Group: "Hainan's tropical specialty crops, including coffee, tea, and pepper, have significantly ensured the sustainable income of local residents. We hope this event will help bring our products to a broader market." (Sound_bite) Liu Jiaxin, Reporter: "Officials say compared with other Free Trade Ports in the world, Hainan FTP covers the largest area and boasts the most diverse industrial structure. Backed by the massive Chinese market with a population of 1.4 billion, Hainan is aiming to contribute more to the economic globalization." [Restriction: No access Chinese mainland]