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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. Series of opening-up policies have been issued to create a "foreign investor-friendly" business environment in Hainan.
* 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.
The Catalogue of Encouraged Industries in the Hainan Free Trade Port (2024 Edition), which came into effect on 1 March 2024, specifies that in addition to those categories receiving encouragement under existing national industrial catalogues, Hainan will have 14 more industries receiving such treatment, creating a total of 176 types.
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.
The legal aspect of this "Master Plan" was agreed as the "ASEAN Power Grid’s Roadmap for Integration" at the 20th AMEM Meeting in Bali on July 5, 2002.
Again, there was a specific focus on interconnection projects between individual member states, as highlighted during the 2002 meeting. In 2007, the APGCC (ASEAN Power Grid Consultative Committee) was established under HAPUA and is an advice committee dedicated to creating and maintaining a framework to create the APG.
In 1981, the first official discussions on the state of electricity grids within ASEAN began. This resulted in the creation of the "Heads of ASEAN Power Utilities/Authorities" group, otherwise known as HAPUA.