Hainan Island

Hainan Island Latest News

China recently split off Hainan Island, with an economy comparable to a mid-ranked country, from the mainland for customs processing, part of a bid to join a major trans-Pacific trade deal and establish a new Hong Kong-style commercial hub.

About Hainan Island

• It is a tropical island at the southernmost of China.
• It is situated in the northeastern part of the Beibu Gulf, across the Qiongzhou Strait from mainland China.
• It’s known as the “Hawaii of China,”.
• It has a land area of ​​35,400 sq.km. It is the largest island administered by the People’s Republic of China.
• It has a population of about 10 million. 
• Its provincial capital is Haikou, known as the “Coconut City”.
• It was geologically connected with the southern Chinese mainland until a rift through the Hainan Strait opened sometime during the Miocene and Pliocene epochs (about 23 to 2.6 million years ago). 
• The island is approximately oval in shape and measures about 260 km from east to west and 210 km from north to south at its widest point.
• Hainan is a regional center connecting Northeast Asia and Southeast Asia and is a maritime gateway between the Indian Ocean and the Pacific Ocean.
• It’s also China’s largest free-trade port and host of the Boao Forum, an annual meeting of political and business leaders dubbed “Asia’s Davos.”

Source: CNBC

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