海南封关运行，打开中国外资外贸新通道

Core Viewpoint - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2025, marking a significant step in China's high-level opening-up strategy and showcasing the country's commitment to expanding its openness to the world [1] Group 1: Policy Framework - The operational framework of the Hainan Free Trade Port is characterized by a policy system of "one line open, two lines controlled, and island-wide freedom," which aims to provide a "testing ground" for a more open economic system in China [1] - The "one line open" policy will implement a series of zero-tariff measures for goods entering from outside China, while the "two lines controlled" policy will ensure precise management of goods entering the mainland to protect the local market [1] - The "island-wide freedom" policy allows for relatively free circulation of various factors within the island, enabling enterprises to trade zero-tariff goods without import taxes [1] Group 2: Economic Impact - The zero-tariff and processing value-added model will effectively enhance the quality and efficiency of foreign trade and investment in China, facilitating low-cost aggregation of global factors within the island [2] - The implementation of zero-tariff negative list management, covering 74% of product categories, will attract global factors to Hainan, with eight "one line" ports allowing eligible goods to be released [2] - The "island-wide freedom" circulation rules will create an efficient environment for value enhancement, allowing zero-tariff imported goods and their processed products to circulate freely among enterprises on the island [2] Group 3: Strategic Advantages - The "two lines controlled" mechanism will enable precise output of value-added goods and services from the island to the mainland, with customs implementing batch exports and centralized declarations for zero-tariff goods [3] - Hainan's geographical advantage as an RCEP hub will facilitate deep processing of raw materials from ASEAN countries, allowing for exports to Japan and South Korea while benefiting from RCEP origin rules [3] - The full island closure will open new channels for foreign trade and investment, supporting the construction of a new dual circulation development pattern in China [3]