During an exclusive interview at the 2026 RCEP Media & Think Tank Forum, Xiao Geng, associate dean of the School of Public Policy of the Chinese University of Hong Kong, Shenzhen, stated that Chinese enterprises possess immense potential in expanding overseas, as they can utilize both private and state-owned?foreign exchange reserves. Xiao noted that the Hainan Free Trade Port (FTP) can help capital better serve the real economy, and that China can make efforts on two fronts: promoting high-quality governance and exploring ways for institutional innovation.