[:en]Hainan, China's southernmost province, has established an area to promote development of the China (Hainan) Pilot Free Trade Zone (FTZ). The new area - the Haikou Jiangdong New District of China (Hainan) Pilot Free Trade Zone - covers 298 square kilometers.[:]

A private equity company, Frontier Services Group (FSG), founded and chaired by Erik Prince is to take a 50% stake in the venture. It seems likely that a high proportion of the fish caught will be exported to China, as Chinese state investment vehicle CITIC is now the biggest investor in FSG, with a 28.4% stake.

Angola's new private investment law no longer requires investments to have a minimum limit of US$1 million and the pre-condition that local Angolan investors must take a minimum 35% stake in each foreign project.

The US$3.18 billion investment will be used for infrastructure construction in the Guangdong province including the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

The ultimate goal of the project is to turn the GBA into a highly competitive world region by the year 2030, making it a high-quality area for living, working and traveling.

Chinese authorities have made clear that the inclusion of PSC in the Belt and Road Initiative is possible. These countries have a lot to gain from China.