How special customs operations redefine Hainan's role between China and global markets?
Update: 2025-12-19
Description
Hainan Free Trade Port’s island-wide special customs operations have officially taken effect, marking the island province’s entry into a new phase of trade liberalization and border management reform.
Under the new regime, the share of zero-tariff products in the Hainan FTP will jump from around one fifth to three quarters.
The number of tariff-free items will expand from around 1,900 to over 6,600, covering nearly all production equipment and raw materials.
What do island-wide special customs operations signal? How will the island position itself as a hub connecting domestic and international markets?
Under the new regime, the share of zero-tariff products in the Hainan FTP will jump from around one fifth to three quarters.
The number of tariff-free items will expand from around 1,900 to over 6,600, covering nearly all production equipment and raw materials.
What do island-wide special customs operations signal? How will the island position itself as a hub connecting domestic and international markets?
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