Hainan''s Free Trade Port: A Key Mainland Market Gateway
The Master Plan not only aims to build Hainan into a free trade port, but also seeks to turn the whole island into a special economic development zone, open to the outside world on the
The Master Plan not only aims to build Hainan into a free trade port, but also seeks to turn the whole island into a special economic development zone, open to the outside world on the
HAIKOU, June 1 -- In June 2020, China released a master plan to develop Hainan into a globally influential and high-level free trade port by the middle of this century. Over recent years, the
With a zero-tariff system fundamentally in place after the independent customs operation, high-quality global resources can flow into Hainan with greater freedom and
The Office of the Leading Group for Promoting Hainan to Further All-Round Reform and Opening up should take the lead in establishing and guiding a Working Group for
As part of China''s strategic initiative to transform Hainan into a world-class free trade port, the government has released the 2024 Edition of the Catalogue of Encouraged
The master plan for the Hainan free trade port (FTP) released by China last year, which aims to make the island province a globally influential free trade port by the middle of
This model facilitates seamless cross-border flows of goods, capital, and data, effectively positioning Hainan as a free trade island with easy global access and controlled
Hong Kong and other overseas traders see Hainan''s efforts to prepare for the launch of independent customs operation and the zero-tariff trade policy next year as another great
South China''s tropical island province of Hainan is intensifying efforts to establish itself as a high-level free trade port (FTP) by 2025. Key plans were outlined in a government
The proportion of tariff lines with zero-tariff products in the Hainan Free Trade Port will increase from 21 percent to 74 percent, Wang said, adding that imported products that undergo at least
This milestone marks a groundbreaking leap in China''s customs governance: it heralds the birth of the nation''s first-ever FTP and realizes a pivotal upgrade—elevating Hainan Island from a
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