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Hainan is spearheading the expansion of the EF account pilot program, with the ultimate goal of enhancing the ease of cross-border capital flows within the free trade port. Simultaneously, the province is actively pursuing pilot policies for cross-border asset management, fostering the growth of cross-border capital centralized operation centers, and accelerating the development of cross-border capital monitoring platforms. These concerted efforts have attracted numerous financial leasing enterprises to establish their base in the region, and it is anticipated that these initiatives will contribute to the asset management scale of the modern financial industry cluster in the Sanya Central Business District, reaching a formidable figure of nearly RMB 600 billion.
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