What Hainan''s Full Free Trade Port Operation Means for the
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
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
In 2021, the Standing Committee of the National People''s Congress passed the Law of the People''s Republic of China on the Hainan Free Trade Port. Beginning in 2023, Hainan
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
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
Hainan has also sent cadres to study in other free trade zones and welcomed experienced officials to the island. Since 2018, Hainan has attracted 851,000 talented
In November 2023, the Administrative Committee of the Haikou Comprehensive Bonded Zone signed a cooperation agreement with Bulgari Group to jointly promote the phased
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
This business model is highly applicable to the Hainan FTP tariff-free policy. In April 2018, China announced a decision to develop
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
Hainan has also sent cadres to study in other free trade zones and welcomed experienced officials to the island. Since 2018, Hainan has
China''s Hainan Free Trade Port (FTP) will officially begin island-wide independent customs operations on December 18, 2025, marking a major milestone in the country''s push
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
Imported products that undergo at least 30 percent value-added processing in Hainan can enter the mainland tariff-free. In addition, certain goods currently banned or
Duty-free domestic sales of processed value-added goods constitute one of the cornerstone policies of the Hainan Free Trade Port. Compared with the current pilot scheme,
Local immigration authorities have implemented measures, such as the utilization of one-stop customs clearance service, to improve the customs clearance efficiency and to
As important industries in the free trade port, they provide opportunities for overseas service providers to enter the local market. Hainan is also making a determined effort to promote the
2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of
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
The launch of an independent customs operation in the Hainan Free Trade Port by the end of this year will substantially reduce business costs, stimulate market vitality and boost
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
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
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
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
Overview Hainan is a provincial-level administrative region consisting of 19 cities and counties, with Haikou as its capital city. It is China''s largest special economic zone, largest free trade
The launch of the independent customs operations is a crucial phase in the construction of the Hainan FTP. It presents tremendous development opportunities for Hainan
Established in 1991, the zone is the Hainan Free Trade Port''s only national-level hi-tech zone, featuring a "one district, seven parks" layout, including Mei''an Ecological City and
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
PDF version includes complete article with source references. Suitable for printing and offline reading.