战略窗口:为什么是现在
海南自贸港以"一线放开、二线管住、岛内自由"为基本特征。封关之后落地的制度红利,直接降低了国际资本进入中国市场的成本与摩擦。
Strategic window: why now
Hainan Free Trade Port operates on the principle of "open first line, controlled second line, free movement on the island". The policies that took effect at customs closure directly lower the cost and friction of international capital entering the Chinese market.
全球资本投资海南:现状与趋势
市场已经用脚投票。自贸港建设以来,海南吸收外资连年保持两位数增长,来源覆盖全球 170 余个国家和地区,医疗、教育、旅游与高新技术领域的国际企业相继落户。
Global capital in Hainan: where things stand
The market has already voted. Since the Free Trade Port was launched, foreign investment in Hainan has grown at double-digit rates year after year, sourced from more than 170 countries and regions, with international companies in healthcare, education, tourism and high technology setting up on the island.
2025 年海南主要经济指标同比增速(%)
Hainan's main economic indicators, 2025 year-on-year growth (%)
数据来源:海南省统计局 2025 年统计公报、海南省商务厅新闻发布(2026 年 4 月)及公开报道。
Sources: Hainan Provincial Bureau of Statistics 2025 communiqué; Hainan Department of Commerce press briefing (April 2026); public reporting.
海南的独特定位:九重身份叠加
在中国所有区域中,海南是唯一同时具备以下九重身份的地方。对主权基金、家族办公室、工业集团与科技资本而言,这意味着不必在多个城市之间分散布局。
Hainan's unique position: nine overlapping identities
Hainan is the only place in China that holds all nine of the following identities at once. For sovereign funds, family offices, industrial groups and technology capital, that means no need to spread a China footprint across several cities.
政府基金与国际资本通道
海南以省级政府投资母基金为引导、以自贸港特有的跨境资金制度为通道,为国际资本提供"进得来、投得出、退得走"的完整结构。
Government funds and international capital channels
Hainan combines a provincial government fund-of-funds as the anchor with the Free Trade Port's own cross-border capital regime as the channel, giving international investors a complete structure to enter, deploy and exit.
数据截至 2025 年 11 月,来源:海南自贸港建设投资基金公开信息。
Data as of November 2025, from the fund's public disclosures.
- QFLP / QDLP — 合格境外有限合伙人与合格境内有限合伙人制度,是境外资本参与海南股权投资、设立"海南—国际产业合作基金"的首选结构。
- EF 多功能自由贸易账户 — 本外币一体、跨境资金集中运营,便利投资本金汇入与收益汇出。
- 市县与园区产业基金 — 澄迈、昌江、文昌航天城等市县园区陆续设立产业引导基金,与省级母基金形成"省—市—园区"三级联动。
- 共同基金模式已被验证 — 中沙产业投资基金(20 亿美元)、易达资本(10 亿美元)等中外合设基金,证明"共同设立基金"是国际主权与机构资本进入中国最熟悉的路径。
- 国家馆平台 — 2026 年 2 月"韩国国家馆"在海口启动,210 余个品牌入驻;该模式可复制为欧洲馆、GCC 国家馆,作为外国品牌与企业进入中国的集中展示与落地平台。
- QFLP / QDLP — The qualified foreign and domestic limited partner regimes are the preferred structure for foreign capital to join Hainan equity investment and to set up "Hainan–international industrial cooperation funds".
- EF multi-functional free trade account — Integrated RMB and foreign-currency account with cross-border cash pooling, easing capital inflow and profit repatriation.
- City, county and park industrial funds — Chengmai, Changjiang, Wenchang Aerospace City and others are setting up guidance funds, forming a province–city–park three-tier system with the provincial fund-of-funds.
- The joint-fund model is proven — The China–Saudi Industrial Investment Fund (US$2 bn) and eWTP Arabia Capital (US$1 bn) show that co-establishing funds is the route international sovereign and institutional capital knows best for entering China.
- National pavilion platform — The "Korea National Pavilion" opened in Haikou in February 2026 with over 210 brands. The model can be replicated as a European Pavilion or GCC Pavilion: a concentrated showcase and landing platform for foreign brands and companies entering China.
承接载体:自贸港 11 个重点园区
Landing platforms: the Free Trade Port's 11 key parks
国际资本在海南的落地,主要通过以下重点园区的管委会"一站式"对接。
- 洋浦经济开发区加工制造 · 物流 · 新型离岸贸易
- 海口江东新区总部经济 · 金融 · 临空产业
- 海口国家高新区生物医药 · 高端制造
- 海口综合保税区保税加工 · 跨境电商
- 海口复兴城数字经济 · 互联网
- 海南生态软件园软件 · 数字贸易 · 区块链
- 三亚崖州湾科技城深海科技 · 南繁种业
- 三亚中央商务区游艇 · 文旅 · 现代金融
- 博鳌乐城国际医疗旅游先行区创新药械 · 医疗旅游
- 文昌国际航天城商业航天 · 遥感数据
- 陵水黎安国际教育创新试验区中外合作办学
International capital typically lands in Hainan through the one-stop management committees of these key parks.
- Yangpu Economic Development Zoneprocessing · logistics · offshore trade
- Haikou Jiangdong New Areaheadquarters · finance · airport economy
- Haikou National High-tech Zonebiopharma · advanced manufacturing
- Haikou Comprehensive Bonded Zonebonded processing · cross-border e-commerce
- Haikou Fuxing Citydigital economy · internet
- Hainan Resort Software Communitysoftware · digital trade · blockchain
- Sanya Yazhou Bay Science & Technology Citydeep-sea tech · seed industry
- Sanya Central Business Districtyachts · tourism · modern finance
- Boao Lecheng International Medical Tourism Pilot Zoneinnovative drugs & devices · medical tourism
- Wenchang International Aerospace Citycommercial space · remote-sensing data
- Lingshui Li'an International Education Innovation Pilot ZoneSino-foreign education
可新建的国际主题园区
New international themed parks
在 11 个重点园区之外,海南完全可以为国际合作方设立专属的主题园区——可以按国家命名、按产业命名,也可以按地理区域命名,由中外双方共同规划、共同招商。例如:
Beyond the 11 key parks, Hainan can establish dedicated themed parks for international partners — named by country, by industry or by geography, and planned and marketed jointly by both sides. For example:
七大合作走廊:按区域看机会
最强的国际合作不是单点项目,而是七条相互呼应的走廊。每条走廊对应一座核心城市、一组主导产业,以及一组可直接对接的合作方向。
Seven cooperation corridors: opportunities by region
The strongest international cooperation is not a single project but seven corridors that reinforce one another. Each corridor pairs a core city with a set of lead industries and a set of concrete cooperation directions.
数字经济金融走廊
海南金融中心、总部经济中心与自贸港核心区,是国际资本最容易落地的城市。
- 数字经济:AI、数据中心、智慧城市,数据跨境与数字贸易结算
- 金融与 RWA:数据资产、文旅资产、绿色能源与园区的真实世界资产通道
- 国际贸易:双向供应链通道与各国国家商品展示中心
物流制造产业走廊
最易获得主权与工业资本关注的地区,加工增值免关税与新型离岸贸易的试验田。
- 应急产业园(WERIA 模式):应急装备、无人机、AI 指挥系统,"海南生产 → 海外部署 → 区域复制"
- 绿色化工与新材料:延伸国际能源巨头的化工产业链
- 国际物流:洋浦港对接红海、海湾与欧洲港口群
- 新能源装备:光伏、储能、氢能的展示、结算与区域总部
- 黄金与贵金属产业(儋州 · 东方):精炼、保税金库与进入中国流通体系的一站式落地
红海式高端旅游走廊
与 NEOM、Red Sea Project 等国际度假开发逻辑高度相似:高端旅游、海洋旅游与康养度假。
- 高端酒店与超级度假区股权投资
- 游艇制造、码头运营与会员体系
- 面向高净值家庭的医疗康养中心
国际论坛与医疗走廊
"中国版达沃斯",最有机会产生国家级合作签约的舞台。
- 国际投资峰会:对标达沃斯与 FII 的中外资本峰会
- 博鳌乐城:全国唯一的特殊医疗开放区之一,已引进国际创新药械 360 余种
商业航天合作走廊
全国首个商业航天发射场所在地。
- 卫星、空间通信与智慧城市数据合作基地
- 卫星遥感 + 灾害监测 + 应急通信,与洋浦应急产业园形成"天—地"一体
AI 与数据中心走廊
海底数据中心、国际海缆与 AI 算力,与全球科技资本大规模投资算力基础设施的方向一致。
- 面向东盟与中东的绿色算力枢纽
ESG 与热带农业走廊
碳汇、ESG、绿色金融与热带农业的未来方向。
- 热带水果、椰子制品、中医药、沉香、雨林康养的出口(配套 Halal 等认证)
Digital economy & finance corridor
Hainan's financial centre, headquarters hub and the core of the Free Trade Port — the easiest city for international capital to land in.
- Digital economy: AI, data centres, smart cities; cross-border data and digital-trade settlement
- Finance & RWA: real-world-asset channels for data assets, tourism assets, green energy and industrial parks
- International trade: two-way supply-chain channels and national merchandise showcase centres
Logistics & manufacturing corridor
The area most likely to attract sovereign and industrial capital — the testbed for duty-free mainland sales after value-added processing and for new offshore trade.
- Emergency industry park (WERIA model): emergency equipment, drones, AI command systems — "made in Hainan → deployed overseas → replicated regionally"
- Green chemicals & new materials: extending the chemical value chains of international energy majors
- International logistics: Yangpu Port linked to Red Sea, Gulf and European port clusters
- New-energy equipment: showcase, settlement and regional headquarters for solar, storage and hydrogen
- Gold & precious metals (Danzhou · Dongfang): refining, bonded vaults and one-stop entry into China's gold circulation system
Red Sea-style premium tourism corridor
The same development logic as NEOM and the Red Sea Project: premium tourism, marine tourism and wellness resorts.
- Equity investment in luxury hotels and super-resorts
- Yacht building, marina operations and membership systems
- Medical and wellness centres for high-net-worth families
International forum & medical corridor
"China's Davos" — the stage most likely to produce state-level cooperation agreements.
- International investment summit modelled on Davos and FII
- Boao Lecheng: one of China's only special medical opening zones, with over 360 international innovative drugs and devices introduced
Commercial space corridor
Home to China's first commercial spaceport.
- Cooperation base for satellites, space communications and smart-city data
- Satellite remote sensing + disaster monitoring + emergency communications, forming a "space–ground" system with the Yangpu emergency park
AI & data centre corridor
Undersea data centres, international submarine cables and AI computing power — aligned with global technology capital's large-scale investment in compute infrastructure.
- Green computing hub serving ASEAN and the Middle East
ESG & tropical agriculture corridor
The future direction: carbon sinks, ESG, green finance and tropical agriculture.
- Exports of tropical fruit, coconut products, traditional Chinese medicine, agarwood and rainforest wellness (with Halal and other certifications)
产业匹配矩阵:谁能引资,谁能出口
"引资"指吸引国际资本来海南投资建厂;"出口"指海南产品与产能走向海外;"双向"最为理想——海南制造、海外落地。
Industry fit matrix: inbound, outbound, two-way
"Inbound" means attracting international capital to invest and build in Hainan; "outbound" means Hainan products and capacity going overseas; "two-way" is the ideal — made in Hainan, landed abroad.
| 海南产业(载体) | 合作方向 | 建议合作模式 |
|---|---|---|
| 绿色化工 / 石化新材料(洋浦) | 双向 | 合资建厂、产业链共建 |
| 应急产业 / 无人机 / AI 指挥(WERIA · 洋浦) | 双向 | 合资 + 海外部署 + 区域复制 |
| 清洁能源 / 绿氢 / 储能装备 | 双向 | 技术合资 + 海外镜像项目 |
| 数字经济 / AI / 数据中心(海口 · 陵水) | 双向 | 共同基金 + 算力枢纽 |
| 金融 / RWA(海口) | 引资 | QFLP / QDLP、共同基金 |
| 商业航天 / 卫星遥感(文昌) | 引资 | 国家级战略合作 |
| 医疗旅游 / 创新药械(博鳌乐城) | 双向 | 医旅基地 + 药械合资 |
| 高端旅游 / 游艇 / 度假(三亚) | 引资 | 酒店 / 度假区股权投资 |
| 国际物流 / 港口(洋浦) | 双向 | 港口联营、供应链共建 |
| 黄金与贵金属精炼 / 金库 / 流通(儋州 · 东方) | 双向 | 精炼合资 + 保税金库 + 进入中国流通体系的落地服务 |
| 热带农业 / Halal 食品 / 中医药 | 出口 | 认证 + 出口 + 加工合资 |
| Hainan industry (carrier) | Direction | Suggested cooperation model |
|---|---|---|
| Green chemicals / petrochemical new materials (Yangpu) | Two-way | Joint ventures, value-chain co-development |
| Emergency industry / drones / AI command (WERIA · Yangpu) | Two-way | JV + overseas deployment + regional replication |
| Clean energy / green hydrogen / storage equipment | Two-way | Technology JV + overseas mirror projects |
| Digital economy / AI / data centres (Haikou · Lingshui) | Two-way | Joint fund + computing hub |
| Finance / RWA (Haikou) | Inbound | QFLP / QDLP, joint funds |
| Commercial space / satellite remote sensing (Wenchang) | Inbound | State-level strategic cooperation |
| Medical tourism / innovative drugs & devices (Boao Lecheng) | Two-way | Medical tourism base + pharma/device JV |
| Premium tourism / yachts / resorts (Sanya) | Inbound | Hotel / resort equity investment |
| International logistics / ports (Yangpu) | Two-way | Port joint operation, supply-chain co-development |
| Gold & precious metals refining / vaults / circulation (Danzhou · Dongfang) | Two-way | Refining JV + bonded vault + landing services into China's circulation system |
| Tropical agriculture / Halal food / TCM | Outbound | Certification + export + processing JV |
若只记三个优先级:① 洋浦绿色化工 / 应急产业(已有合作基础,最易出标杆) ② 清洁能源 / 绿氢(最贴合各国能源转型议程,双向落地空间最大) ③ 博鳌乐城医疗 + 三亚旅游(民生刚需,故事好讲)。
If you remember only three priorities: ① Yangpu green chemicals / emergency industry (existing cooperation base, fastest to produce a flagship) ② Clean energy / green hydrogen (closest fit with partners' energy-transition agendas, most room for two-way landing) ③ Boao Lecheng healthcare + Sanya tourism (everyday demand, easy story to tell).
国际投资人画像:五类主体、五个习惯
以沙特、海湾与欧洲资本为代表,来访海南的国际投资团大致可分为五类,分别对应不同的区域与产业。
International investor profiles: six types, five habits
Taking Saudi, Gulf and European capital as representative examples, international investment delegations visiting Hainan fall into several types, each matched to different regions and industries.
专题方向:黄金与贵金属产业投资(儋州 · 东方)
面向王室资本、家族办公室与国际矿业、贵金属贸易资本,海南可在儋州、东方承接一条完整的贵金属产业链:海外金矿与粗金进口 → 精炼与检测认证 → 保税金库与仓储 → 进入中国黄金流通体系(上海黄金交易所、银行与珠宝加工渠道)。自贸港零关税进料、加工增值免税内销与 EF 账户跨境结算,为这条链路提供了制度基础。
- 精炼合资建设精炼厂,取得国际与国内认证资质
- 金库保税金库、托管与实物黄金仓储服务
- 流通对接中国黄金交易、金融与珠宝加工市场的落地服务
- 结算EF 账户下的跨境本外币结算与收益汇出
Spotlight: gold and precious metals investment (Danzhou · Dongfang)
For royal capital, family offices and international mining and bullion-trading capital, Hainan can host a complete precious-metals value chain in Danzhou and Dongfang: import of overseas doré and raw gold → refining, assay and certification → bonded vaults and storage → entry into China's gold circulation system (Shanghai Gold Exchange, banks and jewellery-manufacturing channels). Zero-tariff imports, duty-free mainland sales after value-added processing and EF-account cross-border settlement provide the institutional foundation for this chain.
- RefiningJoint-venture refineries with international and domestic accreditation
- VaultsBonded vaults, custody and physical gold storage services
- CirculationLanding services into China's gold trading, financial and jewellery markets
- SettlementCross-border RMB and foreign-currency settlement and profit repatriation under EF accounts
合作模式
Cooperation models
风险与注意点
- 多数跨境合作目前停在 MOU 阶段,落地偏慢,需管理预期、紧盯从备忘录到签约的转化。
- 跨境资金、外汇与数据出境须走自贸港合规通道(EF 账户、国际"单一窗口")。
- 核电、航天、种质资源等敏感领域,须遵循国家审批与外资准入负面清单。
Risks and points to watch
- Most cross-border cooperation currently stalls at the MOU stage; manage expectations and track conversion from memorandum to signed contract.
- Cross-border capital, foreign exchange and data export must go through Free Trade Port compliance channels (EF accounts, the international "single window").
- Sensitive sectors such as nuclear power, space and germplasm resources are subject to national approval and the negative list for foreign investment.
合作并非零起步
以中东为例:2024 年海南与阿盟国家货物贸易超 230 亿元人民币,近三年年均增速超 30%;阿盟国家在琼注册的合资与外商投资企业约 30 家。
Not starting from zero
Taking the Middle East as an example: Hainan's goods trade with Arab League countries exceeded RMB 23 bn in 2024, growing over 30% a year for three years, and around 30 joint ventures and foreign-invested enterprises from Arab League countries are registered in Hainan.
EUCNC 如何协助国际资本落地海南
欧盟中国委员会中心(EUCNC)总部位于布鲁塞尔、地拉那与海南,在北京、上海设有代表处。我们为欧洲、海湾与"一带一路"沿线的政府机构、主权与机构投资人、产业集团提供海南落地的一站式对接。
联系海南代表处- 投资考察路线设计与高规格接待
- 与省商务厅、国际经济发展局及重点园区管委会的政策对接
- 共同基金(QFLP / EF 账户)结构设计与合作方匹配
- 合资建厂、镜像项目与国家馆落地方案
- 与 WERIA 应急与韧性产业园区、产业基金的联动
How EUCNC helps international capital land in Hainan
The EU-China Commission Center (EUCNC) is headquartered in Brussels, Tirana and Hainan, with representative offices in Beijing and Shanghai. We provide one-stop Hainan landing support for government bodies, sovereign and institutional investors and industrial groups from Europe, the Gulf and Belt and Road countries.
Contact the Hainan office- Investment itinerary design and high-level reception
- Policy liaison with the Hainan Department of Commerce, Hainan International Economic Development Bureau and key park committees
- Joint-fund structuring (QFLP / EF accounts) and partner matching
- Joint-venture plants, mirror projects and national pavilion landing plans
- Links to WERIA emergency and resilience industrial parks and industry funds