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Story perspectives

Hong Kong Seeks Partnership with Hainan for Growth

3/26/2026

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Story summary
  • Hong Kong's Chief Executive John Lee Ka-chiu urged a partnership with Hainan to expand professional services.
  • Push followed a Boao Forum for Asia meeting with Hainan's Communist Party secretary.
  • Hainan aims to become an offshore financial hub and offers tax exemptions on imported goods.
  • Separately, Hong Kong will sign a five-year deal with Art Basel.
  • Rosanna Law, Hong Kong's Secretary for Culture, Sports and Tourism, stressed culture amid geopolitical complexities.