Master Plan for Hainan Free Trade Port
The master plan will benchmark Hainan with some of the world''s high-level free trade ports, for examples, Hong Kong, Singapore and Dubai.
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» China's Hainan Province aims at officially completing its formal customs closure operations on 18 December 2025, making it the nation's first Free Trade Port (FTP).
Hainan FTP is not just another special economic zone; it is the first of its kind in China's special customs administration and a cornerstone of China's long-term strategic economic plan. It enables deeper liberalization in capital account convertibility, market access, data flow and cross-border services.
As the most open economy on the Chinese mainland, Hainan FTP has great potential for matching the high-standard international economic and trade rules. There is currently no official or clear definition of the term 'high-standard international economic and trade rules'.
There is no need to go through customs formalities for goods transshipped to the rest of China at the Hainan Free Trade Port. They shall be loaded and unloaded at the workplaces (sites) under customs supervision in the free trade port, stored separately from other goods under customs supervision, and identified with obvious marks.
The master plan will benchmark Hainan with some of the world''s high-level free trade ports, for examples, Hong Kong, Singapore and Dubai.
In April 2018, China announced plans to transform the island into a pilot free trade zone, with a long-term vision of developing a free trade port with Chinese characteristics. A master plan
This article introduces the development process and main characteristics of China''s Hainan Free Trade Port (Hainan FTP) and analyses
We must work on and properly address new situations and new problems encountered in the construction of Hainan Free Trade Port, carry out pilot projects for some major policies and
BEIJING, Dec 18 (Reuters) - China on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked country from the mainland for customs
BEIJING, July 23 (Xinhua) -- China''s Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec. 18, 2025, as
The construction of a free trade port in Hainan presents the opportunity of a pilot site for a version 3.0 of the free trade area between China
The Hainan Free Trade Port full-island customs closure is a landmark development in China''s economic reforms, offering foreign businesses
Under the new policy, Hainan functions as a special customs area, enabling deeper institutional reforms: broad zero-tariff policies, freer cross
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