“Ambassador Li praised Luganville for its rapid development and highlighted the city’s potential to benefit from lessons drawn from China’s Hainan Free Trade Port (FTP).”
“At this week’s meeting, he encouraged Vanuatu officials to visit Hainan for in-depth research and knowledge exchange, noting that the port’s experience could provide valuable insights for trade, investment, and economic growth in Luganville and the wider Santo region.”
“Early in 2026, Hainan FTP serves as a large-scale, open-economy testing ground for liberalizing trade, investment, and capital flows.”
“The ambassador also emphasized China’s readiness to align the Belt and Road Initiative with Vanuatu’s national strategies, including the proposed Santo Economic Corridor, to better support local economic growth and sustainable development.”