Core Points - The Hainan Free Trade Port will officially start its closure operation on December 18, 2025, implementing a policy characterized by "one line" liberalization, "two lines" management, and free flow within the island [1][3] - The proportion of "zero tariff" goods for "one line" imports will increase from 21% to 74%, allowing for tax-free circulation among eligible entities within the island [5][10] - A "one-stop customs clearance" model will be established to enhance efficiency, allowing enterprises to declare goods online in advance [12] Group 1 - The "one line" refers to the liberalization of trade between Hainan Free Trade Port and other countries, while the "two line" involves precise management of trade with the mainland [3][10] - The establishment of "two line" ports will facilitate the movement of goods, items, personnel, and transportation tools between Hainan Free Trade Port and the mainland [8][10] - The closure will not require additional documentation for travel to Hainan, ensuring convenience for visitors [7][8] Group 2 - The policy will include open arrangements for certain prohibited and restricted imports, with ten "two line" ports set up for innovative and convenient passage of goods [5][10] - The management of most goods and all personnel and transportation tools will continue under current regulations, ensuring smooth travel and trade [10][12] - The government will focus on maintaining efficient customs operations and enhancing the travel and shopping experience for visitors to Hainan [12]

Core Viewpoint - The implementation of full island closure operation in Hainan Free Trade Port is a landmark project and an important measure to further expand openness, characterized by the policy of "one line open, two lines controlled, and free flow within the island" [1] Group 1 - The full island closure operation is a significant milestone in the construction of Hainan Free Trade Port [1] - The policy features "one line open," which allows for a series of free and convenient entry and exit measures between Hainan Free Trade Port and other countries and regions outside China's customs [1] - The "two lines controlled" aspect refers to precise management of the content that is opened up in the "one line" between Hainan Free Trade Port and the mainland [1] - The "free flow within the island" indicates that various factors can circulate relatively freely within Hainan Free Trade Port [1]