On March 26th, the Hainan Provincial People’s Government and China’s Hong Kong Special Administrative Region signed a memorandum of cooperation in Boao. According to the agreement, the two sides will deepen collaboration in areas such as trade and investment, finance, the safe and orderly flow of data, tourism, and talent exchange. The partnership aims to amplify the synergy between Hainan’s geographical and resource advantages and Hong Kong’s strengths in development, openness, and international networks, enhancing the region’s overall influence and connectivity.