潮起海之南，奋楫再扬帆

Core Viewpoint - The official launch of the Hainan Free Trade Port's full island closure marks a significant step towards establishing it as a key gateway for China's new era of opening up to the outside world, showcasing China's commitment to sharing opportunities and promoting development globally [5][15]. Group 1: Key Developments - The Hainan Free Trade Port officially started its full island closure on December 18, 2025, with all eight open ports and ten "second-line ports" operational, covering over 30,000 square kilometers [5]. - The range of "zero tariff" goods has expanded to over 6,600 tax items, representing 74% of all goods, an increase of nearly 53 percentage points compared to before the closure [10]. - On the first day of closure, ports like Yangpu and Sanya imported "zero tariff" goods worth over 500 million yuan, including crude oil and medical equipment [6]. Group 2: Strategic Importance - Hainan serves as a strategic hub connecting the Pacific and Indian Oceans, acting as a gateway to China's vast market [6]. - The establishment of the Hainan Free Trade Port is a major strategic initiative personally planned and promoted by President Xi Jinping, aimed at creating a model for China's reform and opening up [5][6]. - The port is expected to play a crucial role in promoting high-quality development and contributing to the new development pattern in China [13][15]. Group 3: Policy and Regulatory Framework - Since the release of the "Overall Plan for Hainan Free Trade Port Construction" in June 2020, Hainan has implemented 173 innovative institutional integration cases across various sectors, with 82 recognized at the national level [7]. - The province has introduced a negative list for cross-border service trade and significantly relaxed market access, aiming to create a first-class business environment [7]. - A series of policies related to customs supervision, tax exemptions, and trade management have been implemented alongside the closure [9][10]. Group 4: Future Outlook - The strategic goal is to establish Hainan as a leading portal for China's new era of opening up, with a focus on expanding institutional openness and enhancing the flow of goods and factors [12][13]. - By 2035, the free trade port's institutional framework and operational model are expected to mature, positioning it as a new high ground for China's open economy [13]. - Hainan is set to become a key strategic point in the new development pattern, leveraging its unique advantages to foster international cooperation and development [13][15].