BOC backs high-quality growth in Hainan FTP

Contributing sentiments towards policy:

47% : Additionally, the branch continues to leverage the strengths of BOC's Hainan financial research institute, a key provincial think tank, to conduct in-depth research on the theory of a free trade port with Chinese characteristics, actively participate in planning related to the 15th Five-Year Plan (2026-30) and the financial field, and provide advisory input, thereby contributing BOC's expertise to the high-quality development of the Hainan FTP following the launch of island-wide operations.
40% : As the Hainan Free Trade Port officially launched island-wide special customs operations on Thursday, the free and convenient flow of cross-border capital may become a crucial engine for its high-level opening-up.
40% : It is also furthering the innovative application of Electronic Fence Accounts (or EF accounts, officially known as "multi-functional free trade accounts"), to enhance the freedom and convenience of cross-border capital flows and provide strong support for Hainan in establishing a high-level, open financial system.

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