山海琼崖，开放高地。 科技引领，让创新链和产业链深度融合。在海南商业航天发射场，今年7月30日至8月4日短短5天时间， 便实现了"五天两发"的骄人业绩，标志着海南商业航天发射场正式进入高密度常态化发射阶段。海南国 际商业航天发射有限公司董事长杨天梁介绍："发射场二期建成后，4个工位年发射能力有望突破60次， 单个工位发射周期可从月发一次压缩至10天甚至一周。" 改革创新，是海南自贸港建设的"核心引擎"。5年来，海南省委、省政府加强顶层设计，精心谋篇布 局，以制度集成创新推动海南全面深化改革开放和自贸港建设，勇于为国家试制度、蹚新路、作示范， 不断开辟发展新领域新赛道，塑造发展新动能新优势，改革创新多点开花、成果丰硕，目前已形成20批 165项制度集成创新案例。海南省委副秘书长、省委深改办（自贸港工委办）常务副主任关继荣说："我 们将不断深化制度集成创新，用改革的思维破难题、促发展，接续推出更多标志性、引领性强的改革创 新成果，助力封关运作'平稳有序、万无一失、首战必胜'。" 产业聚能，自贸港的"增长引擎"持续轰鸣。在海口复兴城互联网信息产业园，数字经济的浪潮正加速涌 动。"在中国，平均每10分钟，就有一家中小 ...

Core Viewpoint - The construction of Hainan Free Trade Port has entered a new stage, with a preliminary establishment of the regulatory system and ongoing improvements in legal protections based on the Hainan Free Trade Port Law [1] Legislative Framework - Since the implementation of the Hainan Free Trade Port Law on June 10, 2021, a total of 51 regulations have been introduced by the Hainan Provincial People's Congress Standing Committee, with a target of further development by July 2025 [1][5] Focus Areas of Legislation - The legislative work has concentrated on six key areas: 1. Preparing for the operation of the port by enhancing trade and investment liberalization and facilitation, including regulations on market entity registration and foreign investment [2] 2. Supporting high-quality economic development through legislation that promotes modern industrial systems unique to Hainan [2] 3. Creating a market-oriented, law-based, and international business environment, including the introduction of the first Fair Competition Regulation in the country [2] 4. Strengthening ecological environment protection legislation to maintain Hainan's natural advantages [3] 5. Enhancing legislation related to people's livelihoods and social governance, such as housing security regulations [3] 6. Establishing a risk prevention and control system through various regulations to ensure the safe and orderly operation of the Free Trade Port [3] 2025 Legislative Work Plan - The 2025 legislative work plan includes 75 projects, with 28 regulations ready for review and 47 projects to be drafted and reviewed as conditions permit [5] Legal Support for Port Operations - The Hainan Provincial People's Congress Standing Committee aims to leverage legislative powers to ensure legal support for the port's operation, focusing on key areas such as free movement and safety, while aligning with international trade rules [6]

Group 1 - The company is optimizing and adjusting its business segments including passenger and roll-on/roll-off transport, container, and bulk cargo to prepare for the implementation of the closure operation [1] - Starting from September 15, the new sea port and the second line port of Yuhai Railway will serve as a unified outbound channel for freight vehicles, enhancing the efficiency of the inspection process [1] - The container segment at Xiuying Port has improved the customs clearance markings and has completed operational management procedures to ensure readiness for complex business scenarios [1] Group 2 - Yangpu Port is actively developing emergency plans and revising related systems for the "second line port," providing institutional references for domestic operations [2] - The port has achieved data interaction between the TOS system and the provincial international trade "single window," improving the efficiency of cargo declaration and inspection [2] - The company has reserved space for customs inspection and is enhancing the port's infrastructure, including the installation of monitoring systems and optimizing access efficiency [2]

Core Viewpoint - The trial operation of the centralized inspection area at Haikou's Xinhai Port and Nanguan "second line port" aims to streamline the transportation of goods and prepare for future customs closure operations [1][2] Group 1: Operational Changes - The centralized inspection area allows for orderly vehicle access, with an automatic identification system for pre-booked vehicles, enhancing efficiency [1] - The adjustment of access routes is designed to familiarize drivers with traffic organization, ensuring smoother operations during customs closure [1] Group 2: Traffic Management - The trial phase establishes clear traffic rules for trucks, with three dedicated routes planned to cover key highways and main roads, reducing congestion and improving flow [2] - The implementation of multiple diversion routes, appointment screening, and isolation facilities aims to prevent disorderly traffic and shorten the overall time from inspection to boarding [2] Group 3: Communication and Infrastructure - The company is enhancing hardware facilities and information systems based on real-time traffic data to optimize traffic plans and ensure stable and efficient operations [2] - Various communication channels, including official social media and on-site signage, will be used to inform truck drivers about the new appointment process and route changes [2]

Group 1 - The Hainan Free Trade Port is set to officially launch its full island closure on December 18, 2025, enhancing trade and investment facilitation with global markets and improving the business environment for domestic and international enterprises [1][2] - The tax incentive policies under the Hainan Free Trade Port aim to establish a tax system compatible with high-level free trade ports, focusing on "zero tariffs, low tax rates, simplified tax systems, strong rule of law, and phased implementation" [2] - Hainan Free Trade Port is creating two bases: one for Chinese enterprises to access international markets and another for international companies to enter the Hainan market, fostering international business headquarters and attracting high-level talent [3] Group 2 - The financial policies of Hainan Free Trade Port include multi-functional free trade accounts, cross-border fund concentration operation centers, and financing leasing policies for aircraft and vessels, aimed at facilitating cross-border capital flow [2] - Various economic zones in Hainan, such as Haikou Jiangdong New District and Sanya Yazhou Bay Science and Technology City, are promoting investment opportunities in sectors like air economy, offshore trade, and deep-sea technology [3]

Group 1 - The article highlights the successful implementation of various "first" initiatives in the Yangpu Free Trade Port Area, showcasing its role as a testing ground for Hainan's free trade policies [2][5][7] - The establishment of the first innovation research center for nutritional cooking oil in the Yangpu Free Trade Port Area marks a significant milestone in promoting high-level openness and deep reforms [2][4] - The "two ends outside" policy, allowing companies to import raw materials and export finished products, has been successfully tested, exemplified by the case of a high-end rescue boat seat repair service [3][4] Group 2 - The Yangpu Free Trade Port Area has achieved significant advancements in six strategic emerging industries, including petrochemical new materials and digital economy, leading to a diversified and high-end economic structure [4][5] - The implementation of simplified import procedures and zero tariffs for self-use production equipment has reduced costs for enterprises, enhancing the region's competitive edge [5][6] - The processing and value-added tax exemption policy, initially piloted in Yangpu, is set to expand across Hainan Island by 2024, further promoting industrial development [6][7]

Core Points - Hainan will officially launch its customs closure on December 18, 2025, marking the establishment of the world's largest free trade pilot zone [1][5][29] - The date is significant as it coincides with the anniversary of China's reform and opening-up policy initiated on December 18, 1978 [3][5] - The customs closure aims to showcase Hainan's commitment to openness and economic reform [5][9] Policy and Economic Environment - Hainan will implement a "one line open, two lines controlled, and free movement within the island" policy, creating a special customs supervision area [7][9] - Foreign goods entering Hainan will be exempt from tariffs, with customs procedures only required for goods moving from Hainan to the mainland [9][11] - Corporate income tax in Hainan is set at 15%, lower than the national rate of 25% and Hong Kong's 16.5% [11][24] - Personal income tax will also be capped at 15%, with a three-tiered system [11] Trade and Investment Opportunities - The number of zero-tariff items has increased from 21% to 74%, covering 6,600 tax items [11] - Each individual is allowed an annual duty-free shopping limit of 100,000 yuan, making luxury goods more affordable [11][22] - Hainan's container throughput at Yangpu Port increased by 47% in the first quarter, contrasting with a 9.4% decline at Hong Kong's Kwai Tsing Terminal [15] Tourism and International Relations - Hainan has introduced visa-free entry for citizens from 77 countries, enhancing tourism and business opportunities [13][21] - The island is positioned as a medical tourism destination, offering treatments at significantly lower costs compared to the U.S. [17] Challenges and Future Outlook - Hainan faces challenges in attracting high-tech projects, with new high-tech investments falling short of targets [19] - The province is working on infrastructure investments and talent recruitment policies to support its growth [19] - Hainan's GDP is projected at 793.5 billion yuan for 2024, compared to Hong Kong's approximately 2.9 trillion yuan, indicating a significant gap but highlighting Hainan's growth potential [26][27] - The region is not merely replicating Hong Kong's model but is charting its own path with a focus on tourism, modern services, high-tech industries, and tropical agriculture [27][29] Global Attention - Global financial institutions, including Morgan Stanley, are recognizing Hainan as a significant variable in the Asia-Pacific investment landscape [31] - As the December 18 deadline approaches, Hainan is finalizing its preparations, including the implementation of smart regulatory systems [32][33]

Group 1 - The core viewpoint emphasizes that the implementation of policies related to the closure operation is crucial for Hainan's development opportunities and must be prioritized by the local government [1] - Hainan will focus on enhancing the sense of gain for businesses and the public by ensuring comprehensive understanding and utilization of policies through effective communication and international investment promotion [1] Group 2 - The implementation will also focus on institutional innovation to facilitate compliance and convenience for enterprises, aiming to create a synergistic effect from the integration of closure operation policies and existing free trade port policies [2] - Hainan aims to become a significant hub for domestic and international dual circulation by aligning with high-standard international trade rules and establishing various bases and networks to enhance foreign investment and trade [2]

Core Viewpoint - The article highlights the aggressive investment strategies of coal tycoons in acquiring high-end hotel assets in Hainan, driven by the upcoming customs closure in December 2025, which is expected to enhance the region's economic attractiveness and investment opportunities [4][29]. Group 1: Investment Trends - Coal tycoons are increasingly purchasing established and under-construction high-end hotels in Hainan, marking the region as a new battleground for significant hotel asset acquisitions [3][5]. - The investments often involve substantial sums, with transactions frequently reaching hundreds of millions to over ten billion yuan [4][25]. - The trend of coal tycoons investing in Hainan's hotel market has been ongoing since 2022, with notable acquisitions including several luxury hotels [18][20]. Group 2: Strategic Motivations - The primary motivation for these investments is the anticipated economic benefits from Hainan's customs closure, which will allow for greater financial freedom and lower tax rates compared to other regions [29][33]. - The article emphasizes that coal tycoons are not just looking for immediate profits but are also considering long-term asset appreciation and wealth transfer within their families [27][42]. - The strategic focus is on acquiring scarce hotel assets in Hainan, which is seen as a unique opportunity due to the region's forthcoming economic policies [28][29]. Group 3: Market Dynamics - The hotel market in Hainan is characterized by a high demand for luxury accommodations, with a significant increase in search interest for Hainan-related travel [41]. - The article notes that the tourism and modern service industries in Hainan have seen a notable increase in their contribution to the province's GDP, indicating a robust market for hotel investments [38][40]. - The competitive landscape is shifting, with coal tycoons emerging as key players in the high-end hotel market, often outbidding other potential buyers [20][25].

Core Viewpoint - The Hainan Free Trade Port is set to officially commence its closed operation on December 18, 2025, with the provincial commerce department actively promoting various tasks to ensure a smooth transition and enhance the business environment [9][10]. Group 1: Business Development and Policies - The provincial commerce department is focused on implementing the free trade port's closure policies, conducting pressure tests, and promoting investment attraction to ensure high-quality development in the business sector [9][10]. - The processing and value-added domestic sales tax exemption policy has led to over 10 billion yuan in domestic sales value, with 123 pilot enterprises participating [10][11]. - The "old-for-new" consumption policy has driven approximately 236 billion yuan in sales in the first half of the year, significantly boosting consumer spending [12][13]. Group 2: Trade and Investment - The fifth China International Consumer Products Expo showcased 1,767 enterprises and 4,209 brands, indicating a strong recovery and growth in the consumer market [14]. - In 2025, the Global Industry Investment Conference in Hainan signed 265 projects with a total investment of approximately 2,336 billion yuan, reflecting the province's attractiveness to foreign investment [16]. - Hainan's actual use of foreign capital reached 121.68 billion yuan in the first half of the year, a 45.36% increase year-on-year, with 907 new foreign enterprises established [18][19]. Group 3: Economic Growth and Performance - Hainan's total import and export value reached 1,222.38 billion yuan in the first half of the year, with a significant increase in service trade, which grew by 24.7% [18]. - The province's retail sales of consumer goods totaled 1,329.89 billion yuan in the first half of the year, marking an 11.2% year-on-year increase [14]. - The implementation of various policies has effectively stimulated the vitality of Hainan's outward-oriented economy, with a notable increase in both goods and service trade [18][19].