Decoding the Hainan FTP: QFLP + EF Accounts, Fast Track for Foreign Capital

By Zhang Chong/ HICN / Updated:18:40,04-March-2026

Hainan is becoming the new go-to destination for overseas capital investment in China.

With the QFLP plus EF account combo, overseas capital landing in Hainan is now three times faster, with overall costs reduced by about 30 percent.

QFLP brings in the foreign capital. How do EF accounts factor in? The EF account is a competent manager for cross-border funds, and a core component of financial opening-up following special customs operations. So, how good are these policy benefits? Let's break it down.

This series is funded by the China Internet Development Foundation (CIDF) and co-producted by Hinews and Hainan International Media Center.


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