The World Free Zones Organization announced that China will host the activities of the eleventh session of the Annual International Conference of the World Free Zones Organization 2025 next year in Hainan Province.
This came during the participation of the World Free Zones Organization in the activities of the “International Forum for Reform in China”, within the framework of an official visit to China headed by His Excellency Dr. Muhammad Al-Zarouni, President of the World Free Zones Organization, which included Al-Zarouni delivering a keynote speech during the activities of the forum, in addition to signing an agreement. With Liu Rutao, Deputy Director-General of the Hainan International Economic Development Office, to host the organization’s eleventh international conference next year in China, and a memorandum of understanding with Qi Fulin, head of the China Reform and Development Institute, to launch the Free Zones Institute and advance the prospects for research, development and cooperation between the organization and the institute, and contribute to strengthening Economic growth, trade, encouragement of innovation and knowledge exchange between stakeholders around the world
His Excellency Dr. Mohammed Al Zarouni said: “We are pleased to announce with the Hainan International Economic Development Office the hosting of the 11th International Conference next year in China. This is a partnership that represents a major step forward in our joint commitment to promoting global economic development through the advancement of free zones, and also reflects China’s commitment.” With high-level economic development, we see it clearly in places like the Hainan Free Trade Port, which stands as a beacon of opportunity and institutional transformation.
Al Zarouni added: “The organization seeks to build a general framework for a more open, interconnected and prosperous future for all. As we look towards the future, we are confident that the role of free zones will increase in importance, with
Signing a memorandum of understanding with the China Reform and Development Institute to launch the “Free Zones Institute”, which confirms the importance of free zones in promoting the growth and recovery of the global economy, especially at a time of economic uncertainty, by promoting exports, creating job opportunities, and flexible frameworks for investment, entrepreneurship, and sustainable growth, These regions will serve as models for economic diversification, which will help economies reduce their dependence on traditional industries and promote new, high-value sectors.
Al-Zarouni considered that focusing on free trade, service-based economies, and digital transformation would be extremely important for the next stage of economic growth, and that setting advanced standards based on benchmark comparisons with the most successful free trade zones in the world would provide valuable insights on how to improve access to… Markets, creating competitive institutions and enhancing the flow of trade and investment
Powerful platform
The annual international conference of the World Free Zones Organization 2025 is scheduled to bring together industry leaders, policy makers and stakeholders from around the world. The event will serve as a powerful platform to advance the organization’s mission, share pioneering insights, and explore solutions to the challenges shaping the global economy
Both the World Free Zones Organization and the Chinese Institute look forward to developing the level of mutual cooperation in a way that contributes to supporting international efforts aimed at promoting economic development, investment, trade, economic integration, and comprehensive and sustainable development, which would enhance the contribution of free zones to global economic development.
Areas of cooperation between the two sides under the memorandum include working to educate and train developing economies about the uses and advantages of free zones, in addition to transferring the organization’s expertise to Chinese free zones, as well as sharing Chinese knowledge in the areas of reform and development with members of the organization’s free zones, including the best… Management practices and skills and expansion of international trade
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