Core Insights - The opening policy dividends of Hainan Free Trade Port are gradually being released, with local product exports expected to grow at an average annual rate of 13.6% from 2019 to 2024, surpassing the national average by 5.5 percentage points [1][3]. Group 1: Economic Growth and Opportunities - After the full closure of Hainan Free Trade Port, policy advantages are becoming evident, leading to a rapid increase in enterprises with supply chain service functions registered in Hainan, presenting significant growth opportunities for "offshore trade" similar to "island trade" [3]. - The tourism, maintenance and repair, and cultural and entertainment service sectors are expected to inject lasting momentum into the open economy of Hainan Free Trade Port [3]. - The establishment of Siemens Energy (Hainan) Co., Ltd. as a landmark foreign investment project in the manufacturing sector is indicative of the positive market response following the full closure [3]. Group 2: Strategic Positioning and Development - Hainan Free Trade Port is positioned at the center of the Regional Comprehensive Economic Partnership (RCEP), the world's largest integrated market, aiming to become a headquarters base for Chinese enterprises going global and foreign enterprises entering the Chinese market [3]. - The construction of "dual headquarters" is anticipated to support the high-quality development of Hainan [3]. - Suggestions for Hainan to leverage its legislative autonomy to create a more business-friendly and open environment to attract international investors have been made [4]. Group 3: Regional Cooperation and Strategic Hub - Hainan is expected to play a strategic hub role in China-ASEAN economic cooperation, focusing on three areas: becoming a base for comprehensive strategic cooperation and cultural exchanges, a key link between the Chinese market and RCEP, and a platform for blue economy cooperation [5]. - The importance of predictability, efficiency, transparency, and institutional credibility in determining the success of the next phase of Hainan Free Trade Port has been emphasized, highlighting the need for alignment with international standards [5].