Xin Lang Cai Jing·2025-12-18 03:00Core Viewpoint - The official launch of the full island closure operation of Hainan Free Trade Port marks a significant step in China's commitment to high-level opening-up and the construction of an open world economy, as stated by HSBC China CEO Wang Yunfeng [1][1][1] Group 1: Hainan Free Trade Port Development - Hainan Free Trade Port is recognized as a "testbed" for China's high-level opening-up, achieving remarkable results, particularly in aligning with international rules and expanding institutional openness [1][1] - The full closure operation is expected to enhance the level of trade and investment liberalization and facilitation, leading to greater breakthroughs in financial service innovation and openness, especially in areas of connectivity with overseas markets [1][1] Group 2: HSBC's Role and Expectations - Since entering Hainan Free Trade Port, HSBC has provided financial support for numerous domestic and foreign enterprises to expand cross-border business [1][1] - HSBC has leveraged its global network to assist Hainan's government and enterprises in raising funds in overseas capital markets, thereby attracting more international capital for the development of the free trade port [1][1] - Post-closure, Hainan is anticipated to play a crucial role as an important gateway for foreign trade, becoming a hub for more domestic and international companies to expand cross-border trade [1][1]