China's Hainan Free Trade Port has the right timing, favorable location and strong human support, said Zhao Zhongxiu, president of the University of International Business and Economics. Zhao noted that the island's excellent natural conditions can attract talents and funds, giving Hainan an edge in developing high-tech sectors. Meanwhile, after the implementation of special customs operations, Hainan, backed by China's vast heartland and oriented toward the global market, can pilot innovations in offshore trade and offshore finance, playing a unique role in these fields.