New system to elevate free trade hub
China''s southern Hainan province will launch a comprehensive zero-tariff system for imports starting Dec 18, when it begins operating as
China''s southern Hainan province will launch a comprehensive zero-tariff system for imports starting Dec 18, when it begins operating as
The Hainan Free Trade Port has the foundation and potential for high-quality development and will become an important gateway for China to realize the growth potentials
On July 23, the State Council Information Office held a press conference to update the progress of the Hainan Free Trade Port (FTP). Feng Fei,
HAIKOU, July 22 (Xinhua) -- China''s Hainan Free Trade Port (FTP) is set to launch a pilot program on August 21 this year, enabling overseas investors to access domestic
III. Prospects of Development of Free Trade Zones and Ports A time will come to ride the wind and cleave the waves; I''ll set my cloud-like sail to cross the sea which raves.
BEIJING, July 23 (Xinhua) -- China''s Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec.
Key Points: Free trade ports are the latest experimental practice in China''s comprehensive reform and opening up. Hainan Free Trade Port is expected to become a regional and international
In April 2018, China announced plans to transform the island into a pilot free trade zone, with a long-term vision of developing a free trade port with Chinese characteristics. A
BEIJING, July 23 (Xinhua) -- China''s Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec. 18, 2025, as approved by the Communist Party
This week, China officially moved Hainan Free Trade Port into full customs operation. For international readers, this is not just a regional policy update.
From December 18, 2025, Hainan completed its "customs closure" and began operating as a fully fledged Free Trade Port covering the whole island.
It coincides with the launch of island-wide special customs operations in Hainan FTP—the world''s largest free trade port by area—expanding zero-tariff coverage and easing
Xi stressed that Hainan should continue to free the mind, explore new ground with innovation, overcome difficulties and make steady progress in its strive to build the Hainan
Hainan Free Trade Port is a new economic hub in China that offers reduced taxes, relaxed regulations, and easier access to the
Discover the benefits, incentives, and investment opportunities available in this strategic location. Explore the policies, industries, and initiatives driving growth in the Hainan Free Trade Zone
Discover the benefits, incentives, and investment opportunities available in this strategic location. Explore the policies, industries, and initiatives
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
China released a master plan for the Hainan free trade port, aimed at building it into a high-level port facility by 2025.
The energy storage manufacturers in Hainan represent a crucial component of both the local and national energy strategies. These companies are poised to contribute
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In April 2018, China announced plans to transform the island into a pilot free trade zone, with a long-term vision of developing a free trade port with Chinese characteristics. A master plan released in 2020 aimed to make Hainan a globally influential hub for high-level openness by mid-century.
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 efficiency, Wu said. Trade liberalization and facilitation are defining features of a free trade port.
In June 2020, China released a master plan for the development of the Hainan Free Trade Port (FTP), aiming to build Hainan Island into a globally influential free trade port by the middle of the century.
"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.