AAIS and CapitaLand Investment co-organised a closed-door roundtable on the Hainan Free Trade Port (FTP) on 14 May 2025, bringing together stakeholders from across Singapore’s aviation and aerospace community. The session featured a keynote presentation by Mr Alywin Ng, Chief Customer Solutions Officer at CapitaLand Investment, offering valuable insights into the strategic significance of Hainan FTP in the next phase of China’s economic evolution. This was followed by a panel discussion where participants had the opportunity to interact directly with Chinese officials and stakeholders driving the FTP initiative, including:
- Mr Zhang Bin, Director General, Hainan Provincial Department of Commerce; and
- Miss Wang Haiye, Chairman, Hainan Airport Industry Development Group
Also present as part of the visiting delegation were representatives from Hainan IEDB, Haikou Jiangdong New Area Administration, Hainan Development Holdings, and Hainan Airport Facilities Co., Ltd.
Key Highlights
As a flagship initiative under President Xi Jinping’s vision, Hainan FTP is set to become a premier destination for companies seeking to engage in China’s next chapter of growth. Positioned as a gateway in China’s new era of global cooperation, Hainan has been empowered to test policy innovation and regulatory reform, creating opportunities for pioneering enterprises to co-create future operating environments.
- Hainan FTP as a Policy Testbed: More than a trade initiative, the FTP serves as a sandbox for new collaboration models and future-focused policies.
- Aviation-Centered Growth: With the rapid growth of China’s aviation sector, Hainan FTP aims to build a vibrant airport economy. Key incentives include:
- Generous tariff exemptions
- Preferential corporate and personal income taxes
- The shortest negative list for investments in China
- Talent development and attraction schemes
- Partnership Opportunities: Early movers can explore strategic partnerships with the Hainan Airport Industry Development Company, which operates 11 airports across Hainan and China.
- Maintenance, Repair & Overhaul (MRO)
- Component and Parts Manufacturing
- Supply Chain and Logistics
- Innovation and R&D
- Digital Aviation Solutions and Systems
- Feedback-Driven Development: Companies already operating in China were encouraged to share their feedback to refine policies. For newcomers, the forum welcomed questions and suggestions as useful input to shape the FTP environment.
AAIS thanks all participants and CapitaLand Investment for making this session a success. We look forward to continued dialogues and initiatives to support members exploring new market frontiers.
With the support of CapitaLand Investment, we may plan a curated visit to Hainan for interested participants. To register your interest, please contact the AAIS Secretariat.
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