With the construction of the Hainan FTP in full swing, CWT, a top Singaporean logistics firm, has set up a wholly-owned subsidiary, Hainan Xuntong in Yangpu, Hainan.

At the beginning of Hainan Xuntong, it formulated the core business of developing offshore commodities trading as the entry point. In the future, CWT's mature overseas business model will be married with its Hainan operations to form a complete industrial chain linking the Hainan FTP and Southeast Asia