hainan free trade port
Relying on Hainan''s positioning as a "dual circulation hub", enterprises can conveniently connect with the Guangdong-Hong Kong-Macau Greater Bay Area and the ASEAN market, realizing
2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of
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
China''s Hainan Free Trade Port (FTP) will officially begin island-wide independent customs operations on December 18, 2025,
Comprehensive overview of Hainan Free Trade Port in China. Key features, advantages, tax and customs framework of the free port,
China''s southern Hainan province will launch a comprehensive zero-tariff system for imports starting Dec 18, when it begins operating as a special Customs regulatory area,
HAIKOU — President Xi Jinping has called for accelerating the development of Hainan into a free trade port with Chinese
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
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
"We will strive to build the Hainan Free Trade Port into an important gateway leading China''s opening up in the new era,
This Q&A guide walks through what Hainan''s full FTP operation really means for you as a distributor, manufacturer, EPC, or smart city integrator—and how to quietly turn a macro
China''s Hainan is set to enhance and simplify foreign exchange processes and achieve free flows of cross-border capital.
Comprehensive overview of Hainan Free Trade Port in China. Key features, advantages, tax and customs framework of the free port, and investment statistics.
A staff member works on the production line at the AUSCA International Oils and Grains Co., Ltd., located within the Yangpu Free Trade Port Zone under the Yangpu Economic
Direct Competition: Cases exist of Indonesian cargo ships routing directly to Hainan''s Yangpu Port instead of Singapore, saving up to 32% in costs. Yangpu''s customs
"We will strive to build the Hainan Free Trade Port into an important gateway leading China''s opening up in the new era, contributing to the sustained development of the
On July 23, the General Administration of Customs of China (GACC) issued the Supervision Measures of the Customs for the Hainan Free Trade Port (the "Measures"), which
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
The province has already rolled out zero-tariff policies for key sectors, but the new framework significantly expands coverage. The
Hainan has transformed an entire island into a unified free trade port, with its own customs, tax, and regulatory system. Under the new policy, Hainan functions as a special
This initiative comes as the Hainan Free Trade Port (FTP) will officially launch island-wide independent customs operation on December 18, a milestone in China''s opening
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
In the next step, Hainan will implement high-standard international economic and trade rules, and integrate into the global network of high-standard free trade zones, Liu said. It
China''s Hainan Free Trade Port will launch island-wide independent customs operations in December 2025, boosting regional
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On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
Wang Yang publishes an official definition of a free port in the People’s Daily. Announcement of a free trade zone covering the entire island of Hainan during the 30th anniversary of the Special Economic Zone. Launch of the Master Plan for the construction of the Hainan Free Port, aiming for global status by 2050.
Hainan is rapidly transforming into China’s largest and most ambitious Free Trade Port, an entire island-wide experiment in ultra-modern trade liberalization. With clear development milestones set for 2025, 2035, and 2050, the initiative is part of China's vision to create a competitive integrated hub for cross-border trade.
Certain goods currently banned or restricted nationwide will enjoy open policies in Hainan. The State Council Information Office (SCIO) holds a press conference on the development of Hainan Free Trade Port in Beijing, capital of China, July 23, 2025. (Xinhua/Pan Xu)