Global EditionASIA 中文双语Français
China Daily / 2025-12 / 25 / Page009

Why Hainan Free Trade Port stands out

By John Milligan-Whyte | China Daily | Updated: 2025-12-25 00:00
Share
Share - WeChat

China's model for high-quality opening-up has always been about disciplined experimentation — policy laboratories that balance liberalization with control. The Hainan Free Trade Port is the latest, most ambitious example of this experiment. The island-wide special customs operations describe one of the world's most forward-looking systems of trade liberalization, designed to combine regulatory precision with unprecedented openness.

To understand it, one must see Hainan not as a single island, but as a prototype for a 21st-century global trade ecosystem. Its island-wide special customs operations do not imply isolation; they signal integration — a complete chain of digital supervision and clear, rules-based operations that permit China to open its doors wider, but with confidence that what enters and leaves is fully traceable.

The island-wide special customs operations in Hainan FTP, that began from Dec 18, are different from how the rest of China's general territory functions. Trade in Hainan operates through a dual-line system: the first line between Hainan and overseas markets, and the second between Hainan and China's mainland.

Report cites rights progress in Tibet

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US