(Yicai) Dec. 12 -- Hainan province is counting down to the launch of its full customs closure on Dec. 18, when China''s southernmost province will begin island-wide independent customs
As the Hainan Free Trade Port continues to develop, the province is stepping up its efforts to pursue more liberal trade policies. Industrial clusters are rapidly taking shape in
"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 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
Announced by Chinese President Xi Jinping in 2018, the Hainan Free Trade Port (FTP) is not just another special economic zone, but China''s latest ambitious attempt to create
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BEIJING, July 23 -- 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 China (CPC) Central Committee, an official with the country's top economic planner announced Wednesday.
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.
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 and underscores China's efforts in supporting and advancing economic globalization through higher-level opening up.
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.
