Core Insights - The Boao Forum for Asia 2025 Annual Conference hosted the "Global Free Trade Port Development Forum," focusing on opportunities and challenges in global free trade zones [1] - Hainan Free Trade Port has established a network of 38 international partners, enhancing China's commitment to open up and deepen international cooperation [1][2] - Hainan's free trade policies, including zero tariffs and tax exemptions for certain goods, have led to significant growth in trade and foreign investment [2] Group 1 - The Hainan Free Trade Port has implemented high-standard international trade rules, resulting in a 20% increase in goods trade and a 23.9% increase in service trade in 2024 [2] - The province aims to enhance trade and investment facilitation with the world post-2025, marking a year of expanded openness [2] - The forum emphasized the need for innovative policies to inject new momentum into international economic cooperation amid global trade challenges [2][3] Group 2 - Liu Xiaoming proposed five connectivity initiatives: soft connectivity of rules and mechanisms, hard connectivity of infrastructure, production connectivity focused on service trade, green connectivity for sustainable development, and intellectual connectivity through dialogue [3] - The initiatives aim to reduce barriers to factor flow, build infrastructure networks, strengthen industry connections, promote green production, and foster consensus on major economic issues [3] - The mission of free trade zones is to break down barriers and create opportunities rather than monopolize benefits [3]