Core Viewpoint - The Hainan Free Trade Port will officially start its full island closure operation on December 18, 2025, and aims to enhance its flow of goods and services through innovative policies and strategic focus [1] Group 1: Policy and Strategy - Wang Xinkui, Chairman of the Shanghai WTO Affairs Consultation Center, emphasizes the need for Hainan to liberate thoughts and innovate reforms to build a policy system that aligns with a high-level free trade port [1] - The implementation of the overall plan for the construction of the Hainan Free Trade Port should follow the central government's major strategic decisions [1] - After the closure operation, Hainan should focus on three areas: goal focus, policy focus, and energy focus to effectively implement the central strategic deployment [1] Group 2: Advantages and Innovations - Hainan's greatest comparative advantage lies in the stable and transparent special policy environment that will be established after the closure operation [1] - Continuous exploration and innovation are necessary to increase the flow of the free trade port [1]

我省各部门各单位传达学习习近平总书记在听取海南自由贸易港建设工作汇报时的重要讲话精神 解放思想 改革创新 高标准建设海南自由贸易港 海南日报全媒体记者 连日来，我省各部门、各单位传达学习习近平总书记在听取海南自由贸易港建设工作汇报时的重要 讲话精神，以及省委常委会(扩大)会议精神。大家一致表示，将牢记总书记殷切嘱托，解放思想，改革 创新，努力奋斗，在新征程上展现新作为，高标准建设海南自由贸易港。 围绕中心 服务大局 省营商环境建设厅提出，要持续推动制度集成创新，强化制度规则开放，积极构筑制度竞争优势， 科学编制"十五五"规划，努力创造出更多经得起实践和历史检验的工作业绩，力争海南营商环境2035年 跻身全球前列。坚持企业和群众需求导向，持续优化政务服务，聚焦"最简短审批清单""最满意行政效 能""最有效监管执法""最放心信用环境""最优质服务环境""最美丽居民空间"，采取有效举措常态化推 进"高效办成一件事"，加快出台安商惠企重点举措并狠抓落实，强化制度改革与数字技术支撑联动，进 一步强化法治政府、诚信政府、服务政府、数字政府和效能政府建设。持续整治营商环境领域不正之 风。 省财政厅表示，要把学习贯彻习近平总 ...

Group 1 - The core message emphasizes the importance of implementing the spirit of the 20th Central Committee's Fourth Plenary Session, with a focus on promoting high-standard construction of the Hainan Free Trade Port as a significant decision for deepening reform and opening up [1][2] - Wang Xiaoping highlighted the achievements during the 14th Five-Year Plan period and outlined the guiding principles and main objectives for the 15th Five-Year Plan period [1] - The Central Propaganda Team is actively engaging with local officials and representatives to facilitate the understanding and implementation of these policies [1] Group 2 - Wang Changlin stressed the need to adhere to Xi Jinping's important instructions regarding Tibet, focusing on stability, development, ecology, and border security as key priorities [2] - The development strategy for Tibet includes accelerating major infrastructure construction and developing characteristic industries tailored to local conditions [2] - Emphasis was placed on ecological priority and green development to enhance the environmental quality of the Tibetan plateau [2][3]

Core Viewpoint - The company has established a presence in the Hainan Free Trade Zone through its subsidiaries, focusing on e-commerce related to its brand "Jiu Lian Jiu" [1] Company Overview - The company's wholly-owned subsidiaries, Hainan Jiu Lian Jiu E-commerce Co., Ltd. and Hainan Jiu Ai Zhi He Technology Co., Ltd., are located in key areas of the Hainan Free Trade Port, specifically Hainan Ecological Software Park and Sanya Central Business District [1] - The main business of the Hainan company revolves around its proprietary brand "Jiu Lian Jiu" [1] E-commerce Presence - "Jiu Lian Jiu" operates flagship stores on major e-commerce platforms such as JD.com, Pinduoduo, and Douyin, collectively boasting over 5 million followers and nearly 10 million members [1]

Market Performance - The Shanghai Composite Index closed at 4000 points, recovering from a drop of over 2% earlier in the day, with a final increase of 0.53% [1] - The Shenzhen Component Index rose by 0.18%, while the ChiNext Index experienced a decline of 0.92% [1] - Total trading volume in the Shanghai and Shenzhen markets reached 2.17 trillion yuan, an increase of 175.4 billion yuan compared to the previous trading day [1] Economic Indicators - The core Consumer Price Index (CPI), excluding food and energy, rose by 1.2% year-on-year in October, marking the sixth consecutive month of growth [1] - Hainan Province's duty-free shopping amounted to 506 million yuan from November 1 to 7, reflecting a year-on-year increase of 34.86% [1] Sector Performance - The consumer sector showed strong performance, with liquor stocks leading the gains; notable stocks included Jiu Gui Jiu, She De Jiu Ye, and Kuaiji Mountain, which all hit the daily limit [1] - Other sectors such as tourism, hotels, and duty-free retail also saw significant increases, with stocks like Shou Li Hotel, Jin Jiang Hotel, and China Duty Free Group reaching their daily limits [1]

Core Points - The meeting between Haikou's municipal secretary and Mayoly Pharmaceutical Group's China manager focused on leveraging the opportunities presented by the Hainan Free Trade Port and enhancing cooperation in international trade and product development [1] Group 1 - The discussion emphasized the importance of utilizing the Free Trade Port policies to foster high-quality development in Haikou's biopharmaceutical industry [1] - Both parties expressed commitment to strengthening work coordination and accelerating the implementation of cooperative projects for mutual benefit [1]

Core Points - The core message emphasizes the strategic positioning of Hainan as a Free Trade Port, focusing on the development of "three zones and one center" to enhance economic and social development [3][5][7] Group 1: Strategic Development - Hainan is tasked with becoming a comprehensive deepening reform and opening-up pilot zone, a national ecological civilization pilot zone, an international tourism consumption center, and a major strategic service guarantee zone [3][5] - The "three zones and one center" strategy aims to leverage Hainan's unique geographical and ecological advantages to promote connectivity with global flows of people, goods, capital, information, and technology [5][6] Group 2: Economic and Ecological Initiatives - Hainan has established a Free Trade Port policy system characterized by zero tariffs and low tax rates, facilitating trade, investment, and the free movement of people and data [4][5] - The province leads the nation in the penetration rate of new energy vehicles at 66.5% and has implemented a comprehensive "plastic ban" with an 80% replacement rate of biodegradable products [5][6] Group 3: Tourism and Consumption - Hainan is enhancing its tourism sector by developing new tourism formats such as cruises, yachts, and adventure sports, and has successfully hosted significant international events like the China International Consumer Products Expo [5][6] - The implementation of unique duty-free policies has continuously stimulated tourism consumption, contributing significantly to regional economic growth [5][6] Group 4: Strategic Infrastructure and Collaboration - Hainan is advancing its modern industrial system to support national strategies such as marine power and military-civilian integration, exemplified by projects like the "Deep Sea One" oil platform and the Wenchang International Space City [6][7] - The province's development aligns with national strategies, positioning Hainan as a critical strategic hub in China's new dual circulation development pattern [6][7]

Group 1 - China's first electromagnetic catapult aircraft carrier, Fujian, has been commissioned [2] - The national unified electricity market construction has achieved significant results, shifting from planning to market [2] - Hainan Free Trade Port is ready for customs closure [2] Group 2 - The third quarter saw the China Consumer Association handle 536,761 consumer complaints [2] - The railway department is offering discounts of up to 60% on over 1,300 train services during the off-peak season [2] - The State Council announced the initiation of a new water source project for the ancient Dujiangyan irrigation system [2]

Core Points - The establishment of the one-stop aircraft maintenance industrial base in Hainan Free Trade Port has significantly enhanced the region's capabilities in aircraft repair, servicing nearly 2,400 aircraft since its opening in 2022 and attracting around 50 domestic and international airlines [1][2] - The Chinese government emphasizes the importance of Hainan Free Trade Port as a key gateway for the country's new era of opening up, aiming to create a modern industrial system with Hainan characteristics and advantages [1][5] - The base has successfully attracted international clients, with companies like VietJet Air and Qatar Airways increasing their business due to the efficient services and favorable policies provided by the free trade port [2][4] Summary by Sections Aircraft Maintenance Industry - The one-stop aircraft maintenance industrial base has completed over 2,400 aircraft repairs since its launch, with a maintenance plan extending to 2026 [1] - The base has gained international recognition, with the first international business secured in October 2022, involving the maintenance of an Airbus A320 [1][2] Policy and Economic Impact - The free trade port's policies have led to a 10% to 15% reduction in comprehensive maintenance costs due to tax exemptions and efficient customs processes [2][4] - The value of bonded maintenance goods at Haikou Airport's bonded zone reached 478.6 billion yuan from January to October this year, marking a 71.8% year-on-year increase [4] Industry Ecosystem Development - The industrial ecosystem is evolving, with the base now able to provide a full range of services locally, reducing the need for clients to seek services elsewhere [4] - The introduction of zero tariffs on imported maintenance materials and production equipment has significantly lowered operational costs for companies in the region [4][5] Future Prospects - The official launch of the full island closure operation on December 18 will enhance international exchanges and increase air traffic in Hainan [4] - The ongoing development of a market-oriented, law-based, and international business environment is expected to attract more global resources and foster the growth of modern industries in the free trade port [5]

Policy Implementation - As of September 2025, the "zero tariff" import value reached CNY 27.06 billion, with tax reductions amounting to CNY 5.09 billion[3] - Cumulative domestic sales under the processing and value-added tax exemption policy reached CNY 11.08 billion, with a customs duty exemption of CNY 0.86 billion[3] Economic Strategy - The Hainan Free Trade Port aims to enhance domestic and international dual circulation, linking with major economic regions like the Guangdong-Hong Kong-Macau Greater Bay Area and the Yangtze River Economic Belt[3] - The strategic mission of Hainan Free Trade Port is to leverage unique policy advantages to capture supply chain restructuring benefits, particularly in digital trade and RCEP integration[3] Industry Development - The focus is on establishing a modern industrial system with Hainan characteristics, promoting industry upgrades and technological integration[3] - Key sectors expected to grow include biomedicine, offshore wind power, equipment manufacturing, and digital content processing, supported by a low-tax system and zero-tariff policies[3] Investment Outlook - Continuous monitoring of policy implementation, port closure progress, and key industry project developments is recommended[3] - The combination of "zero tariffs + value-added processing" policies is anticipated to unlock long-term growth potential in sectors like tourism, high-end manufacturing, and digital trade[3] Risk Factors - Potential risks include slower-than-expected policy progress, economic growth below forecasts, and escalating geopolitical conflicts[3]