It said that the new system will streamline imports and exports of raw materials, enabling it to build an international distribution network centered in Hainan. "Hainan will not just be a
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Under the new policy, Hainan functions as a special customs area, enabling deeper institutional reforms: broad zero-tariff policies, freer cross-border capital flows, and a value-added
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The economic and institutional underdevelopment of Hainan is likely to remain a limitation for progress on FTP objectives. The experience of Hainan''s reforms in the past reveals the
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Thanks to its unique geographical location, the Hainan FTP is expected to play an important role in tapping cooperation potential under free trade agreements such as the China
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III. Prospects of Development of Free Trade Zones and Ports A time will come to ride the wind and cleave the waves; I''ll set my cloud-like sail to cross the sea which raves.
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China''s Hainan Free Trade Port is launching island-wide special customs operations on December 18, 2025. CGTN offers exclusive coverage of the strategic economic milestone through
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China''s model for high-quality opening-up has always been about disciplined experimentation — policy laboratories that balance liberalization with control. The Hainan Free Trade
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Since 2018, the local authorities in Hainan and relevant central ministries and commissions, with the support of the Chinese central government, have carried out and implemented
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Chinese government on 1st June released master plan for the Hainan Free Trade Port, aiming at transforming the southern island province into a flagship of China''s Opening-up and a key opening
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This milestone marks a groundbreaking leap in China''s customs governance: it heralds the birth of the nation''s first-ever FTP and realizes a pivotal upgrade—elevating Hainan Island from a Free Trade
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