Economic Developments - The Hainan Free Trade Port (FTP) has maintained smooth operations and achieved initial economic aggregation one month into special customs operations [1] - A total of 5,132 new foreign trade enterprises registered in Hainan over the past month, bringing the total number of registered foreign trade market entities in Hainan to over 100,000 [7] Company Benefits - Hainan Heren Pearl Co., Ltd. benefits from the FTP policies, reducing its overall tax burden from approximately 52% to about 26% by selling high-value products duty-free to the mainland [3] - Chia Tai (Hainan) Xinglong Coffee Industry Development Co., Ltd. operates at full capacity, importing green coffee beans from Colombia and enjoying an 8% tariff reduction under FTP policies [4] Customs Policies - The FTP features "freer access at the first line" for trade between Hainan and areas outside China's customs borders, and "regulated access at the second line" for goods moving from Hainan to the mainland [5] - From December 18, 2025, to January 18, 2026, the value of "first line" imported zero-tariff goods was 753 million yuan (approximately 107 million U.S. dollars), while processed goods sold domestically through the "second line" amounted to about 85.9 million yuan [6] Global Context - The launch of island-wide special customs operations occurs amid rising global uncertainty and deglobalization, reflecting China's commitment to high-standard opening up [8] - This initiative is expected to inject greater certainty and positive momentum into the global economy and international trade cooperation [9]