Core Insights - The Hainan Free Trade Port officially commenced its full island closure operations on December 18, 2025, marking a significant step in China's commitment to high-level opening-up and the construction of an open world economy [3][4][18] - The closure is intended to enhance China's role in global trade networks, facilitating smoother domestic and international economic interactions [3][4] Policy and Economic Impact - The policy framework of the Hainan Free Trade Port features "zero tariffs, low tax rates, and simplified tax systems," aiming to connect China's vast domestic market with international markets [4][5] - The first month of operation saw over 10,000 new beneficiaries from the "zero tariff" policy, with imports valued at 750 million yuan, a year-on-year increase of 38.9% [7] - The number of new business entities in Hainan reached 26,800, with foreign investment enterprises increasing by 13% compared to the previous year [7][18] Infrastructure and Connectivity - Hainan is developing two headquarters bases for Chinese companies going international and foreign companies entering China, along with two international shipping hubs and two networks for economic and cultural cooperation [4][5] - The port's operational model includes "one line open, one line managed," allowing for free flow of goods and services while ensuring security through precise management [8] Environmental and Social Considerations - Hainan emphasizes ecological protection alongside economic growth, aiming to maintain high environmental quality and biodiversity [12][13] - The province has implemented measures to ensure that the benefits of the free trade port are shared with local residents, including income growth and job creation [15] International Engagement and Investment Opportunities - Hainan is positioning itself as a new frontier for China's opening-up, attracting international investment with 22 Fortune 500 companies already established in the region [17][18] - The port's policies align with international standards, offering significant investment opportunities in sectors such as tourism, modern services, high-tech industries, and green agriculture [18][19]
海南省委书记冯飞接受中国外文局专访:自贸港封关“满月”,平稳有序、开局良好
Sou Hu Cai Jing·2026-01-18 10:48