Group 1 - The core point of the news is that Hainan Free Trade Port will officially close customs on December 18, 2023, marking a significant step towards further opening up the region [1][2]. - "Closing customs" means establishing Hainan Island as a special customs supervision area, implementing a policy characterized by "one line" being open, "two lines" being managed, and free movement within the island [2]. - The "one line" refers to the open policy between Hainan Free Trade Port and other countries and regions outside China's customs, while the "two lines" involve precise management of the open policies with the mainland [2]. Group 2 - There will be no changes in the entry and exit of personnel to Hainan after the customs closure; travelers will continue to enjoy the same travel experience without needing additional documentation [3]. - The range of "zero tariff" products will expand from the current 1,900 tax items to approximately 6,600 tax items, covering about 74% of all product tax items, which is an increase of nearly 53 percentage points compared to before the customs closure [4]. - The benefits of the new policies will extend to various enterprises and institutions across the island, significantly reducing production costs and enhancing the level of trade liberalization and facilitation in Hainan Free Trade Port [4].

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]