Hainan Free Trade Port to begin independent
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
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
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
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).
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.
An aerial view shows a container ship docked at the port of Yangpu, Hainan, on July 2: China formally launches its Hainan free trade
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
Together, these projects form a multi-level, multi-energy complementary clean energy system for the Hainan Free Trade Port (FTP), injecting sustained green momentum
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
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
By fully leveraging its geographic advantages, natural resource advantages, and free trade port opening up advantages, Hainan is making itself a crucial hub for domestic and international trade.
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 free-trade zone while gradually exploring
2. Why China selected Hainan for its first Free Trade Port 2.1. Geographical location and natural resources 2.2. Early achievements of
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
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
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
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
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.
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
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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.
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.
In April 2018, China announced a decision to develop Hainan into a pilot free-trade zone while gradually exploring and steadily promoting the establishment of an FTP with Chinese characteristics. In June 2020, a master plan was unveiled to build the island into a globally influential and high-level FTP by the middle of the century.
BEIJING, Aug. 8 -- 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.