Group 1 - The core point of the article is the official launch of the Hainan Free Trade Port's full island closure starting from December 18, 2025, marking a new phase in its development [1] - A series of closure policies and supporting documents will be implemented simultaneously, including the import tax product catalog, tax policies for goods circulation, restricted and prohibited lists, and customs supervision measures [1] - The closure is expected to lead to continuous expansion of open fields and ongoing improvement of the policy system, aiming to establish Hainan as a significant gateway for China's new era of opening up [1]

Group 1 - The Hong Kong stock market opened lower on December 18, with the Hang Seng Index down 0.54% and the Hang Seng Tech Index down 1.11% [1] - The Hong Kong Consumer ETF (159735) decreased by 0.86%, while component stocks such as Samsonite, Xtep International, WH Group, and Midea Group saw increases [1] - As of December 17, the latest circulating scale of the Hong Kong Consumer ETF (159735) was 753 million yuan, with a circulating share of 925 million shares, reflecting an increase of nearly 540 million shares year-to-date [1] - The Hong Kong Consumer ETF (159735) tracks the CSI Hong Kong Stock Connect Consumer Theme Index, which consists of 50 large-cap, liquid consumer-related stocks within the Stock Connect range [1] Group 2 - Ningbo Securities indicated that policies aimed at expanding domestic demand and promoting consumption are gradually taking effect, leading to a steady recovery in offline sales [2] - Traditional supermarkets are undergoing a new round of reform and upgrading, focusing on products and services, with initial positive results observed in their adjustments [2] - CITIC Securities highlighted that the optimization of the duty-free policy and the upcoming closure of Hainan create potential consumption growth opportunities, particularly in high-end sectors such as outbound tourism, hotels, gaming, duty-free shopping, luxury goods, high-end beauty care, and premium real estate [2]

Group 1 - The core viewpoint of the news is that the official launch of the Hainan Free Trade Port's full island closure operation marks a new stage in China's opening-up strategy, establishing Hainan as a significant gateway for foreign trade [1] - The "zero tariff" policy has been significantly expanded, with the range of zero-tariff goods increasing to approximately 6,600 items, resulting in 74% of imported goods entering Hainan being exempt from import duties, VAT, and consumption tax [1] - The closure operation is seen as a new starting point for industrial upgrades, with plans to develop a modern industrial system characterized by Hainan's unique advantages [1] Group 2 - The four main industries targeted for development include tourism, modern services, high-tech industries, and tropical efficient agriculture, with a focus on optimizing and upgrading these sectors [2] - Investment opportunities are identified in modern service industries such as tourism, exhibition, transportation, and finance, as well as in specialized sectors like marine economy, aerospace, duty-free shopping, and high-end healthcare [2] - Companies with significant foreign trade operations in Hainan, infrastructure firms benefiting from the free trade port's development, tourism-related businesses, and local enterprises enjoying tax benefits are expected to see substantial gains [2]

Core Viewpoint - The Hainan Free Trade Port officially starts its full island closure on December 18, 2025, marking a new phase in its development and aiming to become a significant gateway for China's new era of opening up to the outside world [1]. Group 1 - The implementation of a series of closure policies and supporting documents, including the import tax commodity catalog, tax policies for goods circulation, restricted and prohibited lists, and customs supervision measures [1]. - The closure will lead to continuous expansion of open fields and ongoing improvement of policy systems [1]. - The Hainan Free Trade Port aims to enhance its role as a leading portal for China's international trade and investment [1].

据央视新闻，自2025年12月18日起，海南自由贸易港正式启动全岛封关。 至此，进口征税商品目录、货物流通税收政策、禁限清单、加工增值内销免关税政策、海关监管办法等一系列封关政策及配套文件同步实 施。 封关是海南自贸港建设新阶段的开始，封关后还将不断扩大开放领域，持续完善政策制度体系，努力打造引领我国新时代对外开放的重要门 户。 ...

Core Points - Hainan Free Trade Port will officially start its full island closure on December 18, 2025 [2] - A series of closure policies and supporting documents, including import tax item catalog, tax policies for goods circulation, restricted and prohibited lists, and customs supervision measures, will be implemented simultaneously [3] - The closure marks the beginning of a new phase in the construction of Hainan Free Trade Port, with plans to continuously expand open fields and improve policy systems [3]

2025年12月18日 海南自由贸易港 正式启动全岛封关 至此，进口征税商品目录、货物流通税收政策、禁限清单、加工增值内销免关税政策、海关监管办法等一系列封关政策 及配套文件同步实施。 封关是海南自贸港建设新阶段的开始，封关后还将不断扩大开放领域，持续完善政策制度体系，努力打造引领我国新时 代对外开放的重要门户。 （文章来源：新华社） 自2025年12月18日起，海南自由贸易港正式启动全岛封关。 ...

Core Viewpoint - The official launch of the Hainan Free Trade Port's full island closure operation marks a significant shift in focus from tourism to development opportunities, with a notable increase in interest for business and investment in Hainan [1][9]. Group 1: Policy Changes - The first key action is "release," indicating a relaxation of policies such as "zero tariff" management requirements and market access, creating opportunities for those looking to work and start businesses in Hainan [1][3]. - The second action is "exemption," which refers to cost reduction for enterprises. The number of zero-tariff items has expanded from 1,900 to 6,600, allowing a broader range of goods to enter Hainan tax-free. Goods that achieve over 30% value addition through processing in Hainan can also be exempt from import duties when entering the mainland [3][5]. - The third action is "simplification," focusing on the ease of personnel movement and administrative processes. Post-closure, personnel flow between Hainan and the mainland will be managed as domestic movement, with many cross-border and customs processes being streamlined [5][7]. Group 2: Economic Impact - The combination of these actions has led to a transformation in job opportunities in Hainan, with new positions emerging in customs, e-commerce, cross-border services, and aerospace support [7]. - There has been a significant increase in travel interest, with a 163% year-on-year rise in ticket bookings to Hainan during the off-peak season since the announcement of the closure [7]. - Data indicates that nearly 180 countries have seen a 26% increase in foreign visitors to Hainan this year, and there are approximately 7,000 job postings related to Hainan on international recruitment platforms [8].

Group 1 - The core viewpoint emphasizes the opening arrangements for certain prohibited and restricted import goods in the "first-line" import direction [3] - The implementation of more convenient passage measures includes using eight existing open ports as "first-line" ports for eligible import goods and establishing ten "second-line" ports with innovative passage measures for goods entering the mainland [4] - A more efficient and precise regulatory model will be adopted for "zero tariff" goods and those with relaxed trade management measures, ensuring smooth implementation of various open policies [5] Group 2 - The annual duty-free allowance for individuals remains at 100,000 yuan, and high-demand talent will have personal income tax exemptions on amounts exceeding 15% until the end of 2027 [6] - The direction of expanding openness remains unchanged, with the "closure" not being a form of isolation but rather a means to better "open up" by forming a special regulatory area that integrates Hainan more closely into the global economic system [7] - The commitment to maintaining safety standards remains firm, with risk prevention measures in place during the implementation of the closure policy to ensure the correct and healthy development of Hainan's free trade port construction [8] Group 3 - The closure refers to establishing Hainan Island as a special customs supervision area, implementing a policy characterized by "first-line" openness, "second-line" management, and free movement within the island [9] - The "second-line" management will focus on precise management of the content released in the "first-line" to regulate the trade between Hainan's free trade port and the mainland [10]

执法人员检查车辆固定情况。曾旭豪 摄 据了解，随着海南自由贸易港封关临近，琼州海峡的客货运量呈现"预热式"增长。数据显示，今年12月 上旬琼州海峡客滚船发班量、旅客及车辆运输量比11月上旬分别增长9%、23%、18%，新能源车运输量 增幅更是达27%。客货流"叠加涌来"，尤其是新能源车、危险货物运输量的攀升，对交通组织、秩序维 护与应急响应提出严峻考验。 海南自贸港将封关 湛江海事多举措保障琼州海峡航运安全 中新网湛江12月17日电 (梁盛 谢晓琳 余春漫)海南自由贸易港将于18日封关，琼州海峡作为连接粤琼两 地的"水上动脉"，其航运安全与通行效率，直接关系到封关运作的顺利实施。湛江海事部门提前谋划， 精准施策，推出一系列举措服务保障海南自贸港封关运作。 面对挑战，广东海事部门迅速制定专项预案及任务清单，建立琼州海峡过海车辆拥堵四级应急响应机 制。一旦待渡车辆达到相应阈值，将启用应急泊位、增开临时航线，实施跨区域交通组织协调与重点物 资优先保障，保障车辆旅客疏运高效安全、分级应对。 在海上交通环境治理方面，湛江海事部门联合渔政部门清理碍航渔网、管控渔船作业，保障航线通畅。 通过对航经商船实施100%点验覆盖， ...