Follow us on Facebook and join our Telegram channel for the latest updates. China is launching the Hainan Free Trade Port (FTP). It is, in essence, a special economic zone that covers the entire island and not just the port area. Its location is significant from a sea lane perspective, but it also defines the southernmost reach of China.
* 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.
HAIKOU, China, Dec. 18, 2025 /PRNewswire/ -- A report from Hainan International Media Center: China's southern island province of Hainan officially launched island-wide special customs operations on Thursday, a key step in developing the Hainan Free Trade Port (FTP) into a globally influential high-level free trade zone by the mid-century.
China's Hainan Free Trade Port is launching island-wide special customs operations on December 18, 2025. CGTN offers exclusive coverage of the strategic economic milestone through live streams, interviews, in-depth analysis and on-the-ground videos.
These goods can circulate tax-free among eligible businesses within Hainan. Eight ports will serve as first-tier entry points, allowing expedited clearance for qualified imports, while 10 second
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The advantages for foreign firms are clear. The Hainan FTP combines zero-tariff treatment for most imports with free circulation of goods on the island, slashing logistics and
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Starting on Dec. 18, the special customs operations will increase the proportion of zero-tariff products in the Hainan FTP from 21 percent to 74 percent, while further opening up the local
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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.
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A liberalised and revitalised port provides a new entry port for China shipping and for exporters seeking to access China. This will stimulate new logistics chains and depots in the
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China''s Hainan Free Trade Port is launching island-wide special customs operations on Thursday. This move sends a strong signal to the world of China''s commitment to expanding
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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 and
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China already has 22 free trade zones (FTZs), but Hainan represents a fundamentally different level of openness. Most FTZs are limited to specific urban areas and focus on upgrading
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China on Thursday launched island-wide special customs operations in south China''s Hainan Free Trade Port (FTP), the world''s largest FTP by area, allowing freer entry of overseas
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China unveiled the master plan for the Hainan FTP in 2020, aiming to build the island into a free trade port with Chinese characteristics by 2025 and a mature, internationally competitive...
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