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
Looking ahead, the Hainan FTP will prioritize promoting the free and efficient flow of key production factors, including trade, investment, cross-border capital, personnel and
1. Timeline and development of the Hainan Free Trade Port 2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical
"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 Chinese economy
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.
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
BEIJING, July 23 (Xinhua) -- China''s Hainan Free Trade Port will officially launch island-wide independent customs operation on Dec. 18, 2025, as approved by the Communist Party of
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).
The evolution of the Hainan FTP, from initial groundwork and preparation to this year''s launch of independent customs operations and the upcoming full-scale development,
"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
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 of
Advanced Certified Enterprises and "White List" credit-rated enterprises as defined in the "Several Regulations on Credit Management for Customs Clearance at the ''Second-Tier
The Hainan Free Trade Port will launch island-wide independent customs operations on Dec 18, a key step in transforming the tropical island into a globally significant free trade
The port of registry of international vessels is Yangpu Port of China. Article 3 The maritime safety administration of Hainan shall administrate the services of Hainan Free Trade
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 a move to bolster the growth of the Hainan Free Trade Port and broaden the spectrum of zero-tariff goods, a joint announcement by
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
At a glance: The National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) issued measures to widen market access in the Hainan
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
Hainan Free Trade Port is a free trade port currently being planned and constructed in Hainan, China. As an offshore island, Hainan is also the largest special
Why It Matters Hainan''s full customs closure marks a significant step toward becoming a globally competitive free trade port. Expanded duty-free
Hainan FTP Officially Launched Closure on December 18th. This is the central event being reported. More Preferential "Zero Tariff" Policy for Goods to be Implemented. This
1. Timeline and development of the Hainan Free Trade Port 2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early
The Development Research Center of the State Council should organize a whole-process evaluation on the construction of Hainan Free Trade Port, and lead the establishment
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* China's Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec. 18, 2025, which marks the anniversary of the milestone Third Plenary Session of the 11th CPC Central Committee in 1978 that ushered in the reform and opening-up, underscores China's unwavering commitment to high-standard opening-up.
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.
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.
An aerial drone photo shows a duty-free shopping mall in Sanya, South China's Hainan province, May 29, 2025. [Photo/Xinhua] The Hainan Free Trade Port will launch island-wide independent customs operations on Dec 18, a key step in transforming the tropical island into a globally significant free trade hub, a senior official announced Wednesday.