Core Viewpoint - The establishment of Hainan Free Trade Port represents a significant step in China's ongoing commitment to opening up its economy, with policies aimed at reducing trade barriers and costs, thereby creating new opportunities for global economic engagement [1][19]. Group 1: Hainan Free Trade Port Developments - Hainan Free Trade Port is set to expand the range of imported "zero-tariff" goods from 1,900 to approximately 6,600 tax items, enhancing benefits for local enterprises [5]. - The customs staff at Yangpu Port are actively preparing to ensure that businesses can quickly benefit from the new policies following the closure on December 18 [3]. - The operationalization of Hainan Free Trade Port marks a historical moment, transitioning from the blueprint established in June 2020 to full island-wide customs operations [7]. Group 2: Broader Context of Free Trade Zones - Since the establishment of the first Free Trade Zone in Shanghai in 2013, China has created 22 Free Trade Zones, fostering a diverse and innovative reform landscape across the country [13]. - The Shanghai Free Trade Zone has implemented measures such as "rapid approval" and "parallel review," which have significantly streamlined processes for businesses [11]. - The cumulative number of institutional innovations from Free Trade Zones has reached 485 as of September this year, showcasing the effectiveness of these initiatives [13]. Group 3: Future Implications - The opening of Hainan Free Trade Port is expected to enhance China's integration into the global economy and improve the multilateral trade system [17]. - The transition from the first Free Trade Zone to the only Free Trade Port in China signifies an expanding openness, positioning Hainan as a new starting point for China's global economic engagement [19].
从“时间线”见证中国开放步伐从未停歇 海南自贸港“成型起势”稳步前行
Yang Shi Wang·2025-12-16 08:40