Hainan Free Trade Port to officially launch island-wide
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
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
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
2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of
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
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
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
The Hainan Free Trade Zone is using favourable talent policies and tax incentives to try to provide an ideal environment for companies in different fields from all over the world to
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
BEIJING, July 23 (Xinhua) -- China''s Hainan Free Trade Port will officially launch island-wide independent customs operation on Dec. 18, 2025, as
"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
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
Positioned as a leading hub for Hainan''s digital free trade port, the park focuses on digital trade, IoT, fintech, and international innovation. Recognized as a national science and tech incubator
Our management team has experience in lithium-ion batteryfor more than 10 years, we have our own factory and testing room and sales center. Our factory is located in Dongguan City,
Battery storage covers a mere 9 percent of capacity, as high cost and reliability issues have previously limited investment. Performance improvements in the last year have
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 construction of a free trade port in Hainan can strengthen economic, trade and investment ties with BRI partner countries, especially ASEAN countries, enhance the level of
The Ministry of Commerce will make more efforts to support Hainan in aligning with high-standard international economic and trade rules, enhancing institutional openness, 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
Recently, the Development and Reform Commission of Hainan Province issued the "The Major Project Investment Plan of 2025 in Hainan Province". In 2025, there will be 554
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
"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
Recently, the Development and Reform Commission of Hainan Province issued the "The Major Project Investment Plan of 2025 in Hainan Province". In 2025, there will be 554
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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.
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.
The Ministry of Commerce will make more efforts to support Hainan in aligning with high-standard international economic and trade rules, enhancing institutional openness, and fostering new growth drivers through targeted measures, Jiang said.
"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.