Today, December 18, 2025, the Chinese mainland launched island-wide special customs operations in the Hainan Free Trade Port (FTP), marking a significant step in the Chinese mainland’s high-standard opening-up and economic innovation. This date carries historical weight: 47 years after the third plenary session of the 11th Central Committee of the Communist Party of China first opened the door to global trade on December 18, 1978, Hainan’s move reminds us that openness is a cornerstone of Chinese modernization. 📅✨
At the heart of these reforms is the FTP’s three-tiered framework: freer access at the first line, regulated access at the second, and free flow within the island. 🎯
- Freer access at the first line 🌏
- Regulated access at the second line 📋
- Free flow within the island 🔄
Since its launch, Hainan has rolled out 173 institutional innovation cases in 21 batches, with 82 approved at the national level. These practical reforms aim to lower transaction costs, streamline procedures, and boost transparency—key moves to attract investors worldwide. 🚀💼
This initiative ties into the Chinese mainland’s broader agenda to deepen reform and expand opening-up for high-quality growth. Hainan FTP serves as a testing ground and bridge between policy vision and real-world action, offering a model that could inspire similar reforms nationwide. 🌍🔗
For young entrepreneurs, investors, and global explorers, Hainan’s latest customs operations showcase how innovation and openness can drive new opportunities. Stay tuned as this island paradise writes its next chapter in global trade! 🌴📈
Reference(s):
Why special customs operations launched in Hainan FTP is pivotal
cgtn.com
