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Hainan Free Trade Port UPSC NOTE

 Why in News

  • Construction of the Hainan Free Trade Port (FTP) has taken shape and gained momentum, six years after Chinese President Xi Jinping’s announcement of establishing the FTP

  • Hainan, is not very far from the Philippines and there has been tensions between both the countries over the disputed South China Sea.

Hainan Free Trade Port

  • As per the FTP blueprint plan, in the first phase, China aims to establish the about 35,000 sq km island as its most open economic region by 2025

  • The ultimate goal is to build a tropical Dubai in the middle of the South China Sea by 2035

  • Hainan is an island province of the People's Republic of China (PRC), in the South China Sea 

  • It is the southernmost province of China

  • The name means "south of the sea", reflecting the island's position south of the Qiongzhou Strait, which separates it from Leizhou Peninsula of the Chinese mainland.



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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Hainan Free Trade Port UPSC NOTE
Hainan Free Trade Port UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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