Core Insights - The Hainan Free Trade Port is set to officially commence operations on December 18, 2025, marking a significant milestone in China's "14th Five-Year Plan" and the expansion of its open economy [1][5] - Hainan has established a preliminary policy framework for the Free Trade Port, focusing on creating a modern industrial system with unique advantages [1][3] - The implementation of core policies related to customs, taxation, and trade has been initiated, indicating a critical step towards a more open and efficient regulatory environment [1][3] Policy Developments - The Hainan Free Trade Port has seen significant foreign investment, totaling 102.5 billion yuan over the past five years, with an annual growth rate of 14.6% [2] - The number of countries eligible for visa-free entry to Hainan has expanded to 85, and partnerships have been established with 39 other free trade zones [2] - The three "zero tariff" lists have resulted in imports worth 2.505 billion yuan, an increase of 86.4%, with tax reductions amounting to 518 million yuan, a growth of 109.1% [2] Economic Performance - Hainan's GDP reached 370.2 billion yuan in the first half of the year, with industrial output increasing by 11.4%, the highest growth rate in the country for four consecutive months [3] - The four main industries—tourism, modern services, high-tech industries, and tropical agriculture—account for 68.6% of the province's GDP, highlighting their importance to economic growth [3] Social Impact - The construction of 300 "He Mei" rural communities has directly benefited nearly one million residents, contributing to improved living standards [4] - The per capita disposable income in Hainan has increased by 5%, with rural residents experiencing a higher growth rate than urban residents [4]