On November 7, Feng Fei, Secretary of the CPC Hainan Provincial Committee, met in Sanya with Stéphane de La Faverie, President and Chief Executive Officer of The Estée Lauder Companies, and his delegation.

Feng welcomed the delegation and thanked the company for its strong support for Hainan's offshore duty-free shopping market and the China International Consumer Products Expo (CICPE). He said the Hainan Free Trade Port (FTP) has seen initial positive results since the launch of island-wide special customs operations, with smoother goods flows, easier travel, and increased visitor traffic. Hainan is stepping up tourism promotion, strengthening cooperation with international tourism organizations, and expanding its international air route network to develop into a leading global tourism destination and further boost its offshore duty-free market. Feng expressed hope that the two sides would take a long-term approach, make full use of the FTP's opening-up policies, and expand cooperation in product research, development, and innovation for greater mutual benefit.

De La Faverie said Hainan is an important part of The Estée Lauder Companies' global business and that the company remains confident in the province's market prospects, with plans to debut more products at the 7th CICPE. He noted that as Hainan steadily advances toward becoming an international tourism and consumption center, its global profile continues to rise. The company will continue to expand its presence in Hainan in line with its business strategy, leverage its China travel retail logistics center, improve overall supply chain efficiency, and step up research, development and innovation efforts to support Hainan's high-quality economic and social development.

Wang Qiyang, Secretary of the CPC Sanya Municipal Committee, attended the meeting.