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100 Yuan 20th Anniv of Hainan Special Economic Zone
| Issuer | People's Bank of China |
|---|---|
| Year | 2008 |
| Type | Non-circulating coin |
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|---|---|
| Obverse script | Chinese |
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| Reverse description | Central field presents a scenic tropical beach composition featuring a prominent coconut palm tree in the foreground, its fronds arching gracefully over a tranquil seascape with distant islands visible on the horizon. The lower field incorporates stylized coral and marine flora rendered in intricate relief, evoking Hainan's rich natural coastal environment. The denomination '100元' appears in the lower central field. The peripheral legend '海南经济特区成立20周年' encircles the upper portion of the reverse, commemorating the 20th anniversary of the establishment of the Hainan Special Economic Zone. |
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| Additional information |
Hainan was designated China's largest Special Economic Zone in April 1988 — not carved from existing industrial infrastructure like Shenzhen, but built around an entire province, the only case where a complete provincial administration was converted wholesale into an SEZ. The experiment was turbulent; a scandal in 1985, before formal SEZ status, saw the island import hundreds of thousands of foreign vehicles duty-free and resell them on the mainland, a scheme so brazen it triggered a national investigation and the dismissal of senior officials.
By the 20th anniversary, Hainan had repositioned itself around tourism and pharmaceutical manufacturing rather than the manufacturing export model that defined its sister SEZs.