Core Insights - Hainan Free Trade Port is entering a significant phase with the full island closure operation set for December 18, 2025, marking a new opportunity period for the region [1][2] Institutional Framework - The "4321" institutional system of Hainan Free Trade Port has been established, enhancing economic openness with a focus on four flows (people, goods, capital, and data), three trade areas (goods, services, and investment), two tax incentives for enterprises and individuals, and one legal framework [2] - Over the past five years, Hainan has seen an average annual growth of 14.6% in actual foreign investment, surpassing 100 billion yuan, with the economic openness increasing to 35% [2] Industry Development - Hainan's industrial clusters are thriving under policy guidance, with key parks contributing significantly to the province's economy, utilizing only 2% of the land while accounting for 30% of investment, 50% of tax revenue, 70% of imports and exports, and 90% of foreign capital [4] - The Haikou National High-tech Zone is a leading area, focusing on tourism, modern services, and high-tech industries, with an industrial output value projected to reach 51.47 billion yuan in 2024 [4] Biopharmaceutical Sector - The biopharmaceutical industry is a strategic emerging sector in Hainan, with Haikou's high-tech zone expected to achieve a production value of 21.41 billion yuan in 2024, representing 82.9% of Haikou's pharmaceutical output [4][5] - The East Lake High-tech Haikou Biomedicine City has registered 155 enterprises, including foreign and listed companies, benefiting from various tax incentives [5] Digital Economy - The Hainan Ecological Software Park has evolved into a core hub for the digital economy, with annual revenue exceeding 200 billion yuan, supported by the advantages of the free trade port [6] - By 2025, the park is expected to host over 15,000 enterprises, including major players like Tencent and Baidu [6] Agricultural Innovation - The Yazhou Bay Science and Technology City is fostering agricultural innovation, introducing salt-tolerant rice varieties and establishing a comprehensive seed industry cluster [7][8] - The city has attracted over 1,300 high-level talents and established partnerships with leading agricultural universities to enhance research and development [8] Financial Infrastructure - The introduction of the multi-functional free trade account (EF account) has facilitated cross-border financial transactions, with over 170 billion yuan settled since its launch in May 2024 [10][11] - The EF account allows for efficient fund transfers and reduces operational barriers for enterprises engaging in cross-border trade [11] Customs and Logistics - Hainan has established eight open ports and ten "second-line ports" to optimize traffic organization and enhance operational efficiency in preparation for the full closure [12][13] - The implementation of a "front push and back move" policy aims to streamline customs processes for agricultural products, reducing congestion at ports [13] Business Environment - The establishment of the "Yangpu Free Trade Port Enterprise Problem Resolution Platform" has improved service efficiency for enterprises, exemplified by the rapid establishment of the Oscar International Grain and Oil Company [15][16] - The processing value-added tax exemption policy has significantly reduced operational costs for companies, with Oscar benefiting from approximately 300 million yuan in tax exemptions since its inception [16][17]

7月23日，国新办新闻发布会释放重磅消息：海南自贸港封关定于2025年12月18日正式启动。 全岛封关运作是海南自贸港建设的标志性工程，也是进一步扩大开放的重要举措。封关后对企业和人员 往来有何影响？有哪些新的税收政策？如何进一步推动海南自贸港高水平对外开放？围绕这些市场关切 问题，证券时报记者采访了海南省开放型经济研究会会长李世杰、安永华南区主管合伙人黄寅。 证券时报记者：如何看待海南自贸港建设以来的开放举措？ 黄寅：海南自贸港开放政策聚焦系统性制度创新与多层次产业布局，正加速吸引全球资本与产业链集 聚，形成"政策红利—产业升级—投资虹吸"的良性循环。 李世杰："封关"为海关术语，即海南全岛成为一个"境内关外"区域，海南岛内可以享受"零关税"等优惠 政策。封关时间的确定是一个重要信号，向全社会传递了我国对外开放的决心。从制度安排上来看，封 关是分阶段推动的，虽然现行的方案与2020年的总体方案相比，个别表述有调整，但总体逻辑是一致 的，即按照"一线"放开、"二线"关注、岛内自由的制度设计来推动。封关以后，海关实行较低干预度的 精准监管，意味着海关要撤到二线，这是监管层面的一个重要的变革。 证券时报记者：海南 ...