New FTZ area set up for Hainan

According to the provincial plan, the new district will become functional in three years and basically formed in seven years. It will be an open, inclusive, world-class new city built in line with world vision, international standards and featuring Hainan characteristics.

"We will build it into a new area where the ecological systems enjoy the highest level of protection," Fu said. "It will be a world leading, ecological central business district, where Chinese traditional culture and Hainan local culture will be highlighted."