A China international arbitration court was recently established in Haikou, Hainan Island in July of 2018. The Court of International Arbitration in Hainan is the second to be established after the Shenzhen Court of International Arbitration was opened in January of this year. Hainan has recently been designated as a free trade zone. Shi Wen, head of the Hainan Arbitration Commission, noted that the new Court’s council members will be comprised of both Chinese and overseas arbitrators. The Court in Hainan has two centres, one focusing on maritime arbitration and the other on financial arbitration.