Core Points - Hainan Free Trade Port is set to enter a "domestic and foreign" era with the implementation of "closure operation" on December 18, 2025, making it the largest free trade port in the world with an area of 34,000 square kilometers [1][4] - The closure operation will follow three principles: "one line open," "two lines controlled," and "freedom within the island," facilitating international goods and personnel movement while regulating goods entering the mainland [1][4] Group 1: Economic Impact - Hainan is expected to become China's largest "economic enclave," marking unprecedented breakthroughs in both area and management model for foreign trade [4] - The "zero tariff" policy will significantly expand the range of duty-free goods, increasing the number of duty-free items to approximately 6,600, more than three times the previous amount, allowing consumers to easily purchase international products [9] - The cost of production and operation for enterprises will be greatly reduced due to the "zero tariff" benefits on raw materials and equipment, with potential cost reductions of 10%-20% for imported materials [11] Group 2: Talent Attraction - Hainan has introduced tax incentives for high-demand talent, with a maximum personal income tax rate of 15%, and has recognized 219 foreign professional qualifications to attract overseas talent [8] - By 2024, Hainan aims to attract over 100,000 talents across various industries, with a current shortfall of over 20,000 from its initial target [6] Group 3: Trade and Investment - The new trade policies will allow for unrestricted circulation of goods within the island, significantly lowering collaboration costs in the supply chain [13] - Hainan is positioned to become a "super liaison" for foreign enterprises entering the Chinese market and a testing ground for Chinese companies expanding globally [15] - The financial asset management scale in Sanya's central business district is projected to reach 600 billion by 2027, driven by both trade and investment [17] Group 4: Data and Digital Economy - The closure operation is expected to simplify cross-border data sharing, enhancing international collaboration in sectors like automotive and healthcare [20] - Infrastructure upgrades, such as undersea cables, will facilitate faster and more stable international network access, promoting the growth of digital industries like e-commerce and AI [22]