Group 1 - The Hainan Free Trade Port will officially start its full island closure operation on December 18 this year, creating a new engine for the development of an open economy in China [1] - Jiangsu's manufacturing industry, which ranks first in the country, is expected to benefit from the open policies of Hainan, including "zero tariffs" and "processing and value-added tax exemptions" [1][5] - The collaboration between Jiangsu and Hainan is exemplified by the "Nanjing R&D + Hainan transformation" model, which accelerates the introduction of international advanced pharmaceuticals into China [1][2] Group 2 - Jiangsu and Hainan have signed a series of cooperation agreements focusing on biomedicine, aiming to create a full industrial chain open innovation demonstration zone [2] - The strategic cooperation includes building a global data element circulation hub, integrating data industry advantages from Nanjing with Hainan's cross-border data flow policies [3][4] - The partnership aims to explore cross-border data processing and storage, supporting Jiangsu enterprises in utilizing Hainan's international data channels [4][6] Group 3 - Hainan's duty-free policy is attracting over ten million international tourists annually, becoming a new support point for Jiangsu's consumer goods to sell globally [3] - Jiangsu companies are leveraging Hainan as a regional distribution center, reducing logistics costs by 20% through the use of bonded warehouses [3][5] - The collaboration is expected to create a "digital silk road," enhancing the digital transformation of Jiangsu manufacturing and fostering innovative business models in cross-border e-commerce and digital content [5][6] Group 4 - The partnership will focus on building innovation platforms between universities and research institutions in both regions to tackle core technologies like blockchain and privacy computing [4][6] - There is an emphasis on creating a medical data security sharing platform to facilitate the cross-border flow of clinical trial and genetic sequencing data [6][7] - Jiangsu enterprises are encouraged to adapt to international competition through Hainan's pilot programs for high-standard trade rules [7]