Core Viewpoint - The establishment of the Hainan Free Trade Port's full island closure operation on December 18, 2025, marks a new beginning for investment opportunities in Hainan, with companies like Fosun International expressing strong confidence in the region's potential for growth and development [1][2][3]. Group 1: Company Initiatives - Fosun International has been deeply engaged in Hainan for nearly 20 years, creating over 6,000 jobs and contributing more than 10 billion yuan in taxes [1]. - In the tourism sector, Fosun introduced the third Atlantis hotel globally to Sanya in 2018, which has since welcomed over 32 million visitors [1]. - In the health sector, Fosun has leveraged the policy advantages of the Boao Lecheng Pilot Zone to promote the application of global biomedical innovations, with products like the Swedish respiratory devices being manufactured in Hainan [1][3]. Group 2: Strategic Developments - Fosun is advancing its green technology transformation through its subsidiary, Hainan Mining, which has made significant acquisitions in lithium and oil, and is establishing a lithium hydroxide production line in Hainan [2][4]. - The upcoming "Hainan Super Mediterranean" project will be a landmark AI-themed resort, enhancing Hainan's status as a premier tourist destination [3]. - The lithium hydroxide project in Yangpu, with an investment of 1.056 billion yuan, is expected to generate an annual output value exceeding 2 billion yuan, contributing to a green low-carbon industrial chain [4]. Group 3: Community Engagement - Fosun has been actively involved in community support initiatives in Hainan, including the establishment of a scholarship fund for underprivileged students and healthcare projects aimed at improving local medical services [4].

Core Points - The State Council announced that the full island closure operation of Hainan Free Trade Port will officially start on December 18, 2025, following approval from the Central Committee [2][4] - The construction of Hainan Free Trade Port has entered a new stage, with significant achievements and a preliminary policy system established over the past five years [4][10] - Various government departments are actively preparing for the closure operation, focusing on policy implementation, market access, and investment facilitation [5][6][9] Group 1: Policy and Development - Over 200 supporting policy documents have been formulated since the release of the overall plan for Hainan Free Trade Port, many of which are pioneering [4] - The provincial government aims to enhance the investment liberalization and facilitation level by reducing the negative list for foreign investment and implementing special measures for market access [5] - The province plans to optimize the duty-free policies and enhance the business environment to attract more investments [6][9] Group 2: Economic and Industrial Growth - The provincial industrial and information technology department will focus on building a modern industrial system with Hainan characteristics and promote high-quality industrial development [7] - The establishment of key industrial parks, such as the Sanya Yazhou Bay Science and Technology City, aims to integrate technological and industrial innovation [8] - The provincial finance department will optimize policy supply and strengthen financial resource allocation to support key projects and ensure fiscal security for the Free Trade Port [9] Group 3: Business Opportunities and Investor Sentiment - The announcement of favorable policies has generated positive responses from various sectors, with businesses expressing confidence in future development opportunities [10][11] - Companies are looking to leverage the "zero tariff" policy to explore new procurement avenues and expand their operations in Hainan [11] - The overall sentiment among local officials and business leaders is one of increased confidence and readiness to embrace the upcoming changes [11][12]

Core Viewpoint - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2025, symbolizing China's commitment to high-level opening-up and reform [1][2]. Group 1: Policy Implementation - The closure operation will establish Hainan Island as a special customs supervision area, implementing a policy characterized by "one line" opening, "two lines" management, and free flow within the island [2][3]. - The "zero tariff" policy will see the proportion of goods eligible for zero tariffs increase from 21% to 74%, allowing for tax-free circulation of goods within the island [3][8]. - Trade management measures will be relaxed, allowing for open arrangements for certain previously restricted imports [3][9]. Group 2: Economic Impact - Over the past five years, Hainan has seen significant growth in foreign investment, with actual foreign capital utilization reaching 102.5 billion yuan, averaging a growth of 14.6% annually [5]. - The tourism, modern service, high-tech industry, and tropical agriculture sectors have increased their contribution to the GDP, now accounting for 67% of the province's total [6]. - The offshore duty-free shopping limit has been raised to 100,000 yuan per person per year, enhancing consumer spending [4][6]. Group 3: Infrastructure and Readiness - All necessary policies and supporting documents for the closure have been prepared, including the import tax exemption catalog and management measures [7][9]. - The hardware facilities for the closure have passed national inspections, and a smart regulatory platform has been established [7][9]. - Pressure tests are being conducted to ensure effective management and smooth operation post-closure [7][10]. Group 4: Future Outlook - The "zero tariff" system will be further established, expanding the range of zero-tariff goods from 1,900 to approximately 6,600 items, covering 74% of all goods [8][9]. - The scope of beneficiaries for the zero-tariff policy will be broadened to include various enterprises and non-profit organizations within the island [9]. - The closure will facilitate smoother and more efficient connections between Hainan and the international market, enhancing the travel experience for tourists [10].