Get ready! On December 18, 2025, the Hainan Free Trade Port (FTP) in southern China is officially launching island-wide special customs operations. This major step is designed to supercharge trade and welcome global businesses to the island.
Here's the lowdown on how it works:
- First Line (8 ports): Connects Hainan directly with overseas markets. 📦 Most products sail through with zero tariffs and speedy clearance—think of it as express access to the island's market.
- Second Line (10 ports): Marks the customs boundary between Hainan and the Chinese mainland. Goods here face standard checks to keep trade fair and curb smuggling. 🔍
Why it matters:
- Trade Boost: By cutting red tape and slashing tariffs, Hainan FTP aims to become a global trade hotspot. 🌐
- Business Magnet: Faster, cheaper import rules could attract entrepreneurs and investors from every corner of the world. 💼
With these new rules, Hainan is turning into a trade playground—where goods flow freely within the island while still staying secured from the mainland. Stay tuned for more updates as we count down to December 18! 🎉
Reference(s):
Things to know about Hainan FTP island-wide special customs operations
cgtn.com
