Beijing Plans Big Expansion of Tariff-Free Access to Hainan From December
HAINAN, CHINA, JUL 23 – Hainan expands duty-free imports to 74%, covering 6,600 goods, to boost trade and attract investment as part of its free-trade port development plan.
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Hainan Free Trade Port to launch island-wide customs operations in December
China's Hainan Free Trade Port (FTP) will officially begin island-wide independent customs operations on December 18, 2025, marking a major milestone in the country's push for higher-level openness, officials announced on Wednesday.
Hainan Free Trade Port to Officially Launch Island-wide Independent Customs Operation
Beijing - 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. The launch on this symbolic date, which marks the anniversary of the milestone Third Plenary Session of the 11th CPC Central Committee in 1978 that ushered in the reform and …
The Chinese government announced yesterday that it will establish an independent customs regime for Hainan Island later this year. For example, starting from December 18, the island's border customs will operate separately and independently from the mainland. This will mean that about 6,600 types of goods will be duty-free. Hainan Island's total imports were duty-free, up from 21 percent before, but now the number has risen to 74 percent. In add…
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