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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
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
In April 2018, China announced a decision to develop Hainan into a pilot free-trade zone while gradually exploring and steadily promoting the establishment of an FTP with
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
Many favorable policies have since been issued to support the development of the Hainan Free Trade Port (FTP), including the implementation of zero tariffs and the easing of
Hainan Island is rapidly evolving into a global free trade hub with significant policy support and industrial growth.
HAIKOU — President Xi Jinping has called for accelerating the development of Hainan into a free trade port with Chinese
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2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of the Hainan economic zone 3. Key
China released a master plan for the Hainan free trade port, aimed at building it into a high-level port facility by 2025.
A staff member is busy at the workshop of the Hainan Well Lead Medical Technology Development Co., Ltd. in Haikou, south China''s Hainan Province on May 21,
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
In a move to bolster the growth of the Hainan Free Trade Port and broaden the spectrum of zero-tariff goods, a joint announcement by
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This business model is highly applicable to the Hainan FTP tariff-free policy. In April 2018, China announced a decision to develop
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
Hainan Free Trade Port is a new economic hub in China that offers reduced taxes, relaxed regulations, and easier access to the
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
Invest in Hainan: Free Trade Port policies, duty-free consumption, modern services, healthcare and logistics facilitation.
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China''s Hainan is set to enhance and simplify foreign exchange processes and achieve free flows of cross-border capital.
2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of
In June 2020, China released a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. Series of
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