Hainan Free Trade Port advances with independent customs
An aerial photo taken on Feb. 6, 2025 shows the completed centralized inspection site project of Xinhaigang and Nangang "Second-Line Port" (for freight) in Haikou, south
An aerial photo taken on Feb. 6, 2025 shows the completed centralized inspection site project of Xinhaigang and Nangang "Second-Line Port" (for freight) in Haikou, south
Hainan''s full FTP operation will not immediately change prices. But it does change something far more important for infrastructure industries: It turns "unknown risk" into
Hainan Free Trade Port is a free trade port in Hainan, China. As an offshore island, Hainan is also the largest special economic zone in the People''s Republic of China (PRC). It is regarded as a special area for China to comprehensively deepen economic reform and experiment with the highest level of opening-up policies. Hainan Free Trade Port is not a port in the usual sense, as the entire
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
This business model is highly applicable to the Hainan FTP tariff-free policy. In April 2018, China announced a decision to develop Hainan into a pilot free-trade zone while gradually exploring
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 Ministry of Commerce will make more efforts to support Hainan in aligning with high-standard international economic and trade rules, enhancing institutional openness, and
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
With clearer, long-term trade rules, it becomes easier to rely on Chinese partners for photocell, NEMA and Zhaga socket platforms, and smart controllers, so you can design,
Big changes are underway in Hainan—and they''re designed to make everyday life smoother for residents, expats, and businesses alike. China''s Hainan Free Trade Port will
A month before the official launch of China''s Hainan Free Trade Port island-wide special customs operations on December 18, CGTN published an article explaining what the
As global trade faces rising tariffs and growing protectionism, China is moving in the opposite direction by opening one of its doors wider. That door is Hainan, a tropical island
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The construction of a free trade port in Hainan can strengthen economic, trade and investment ties with BRI partner countries, especially ASEAN countries, enhance the level of opening up to the outside world and expand foreign trade.
"With the independent customs operations, Hainan FTP is poised to become a key gateway for China's new era of opening up and innovation," Cai added. China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
Since the launch of the FTP initiative in 2020, Hainan has experienced a surge in foreign trade activities: Over 70,000 new foreign trade companies have been registered. These businesses have significantly contributed to the province’s growing role in international trade.
BEIJING, Aug. 8 -- China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.