On Thursday, December 18, 2025, the Chinese mainland launched island-wide special customs operations in the Hainan Free Trade Port (FTP), marking a major milestone in its quest to become a leading gateway for free trade and high-quality growth.
Substantial progress has been made in developing Hainan FTP into the world’s largest free trade port by area. Spanning over 30,000 square kilometers and situated just a 1.5-hour flight from Hong Kong Special Administrative Region, the tropical island is now designated as a special customs supervision zone. This new framework allows for freer entry of overseas goods, expanded zero-tariff coverage, and a suite of business-friendly measures.
Chinese Vice Premier He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee, said the island-wide operations would deepen reforms in key sectors, strengthen risk prevention and control systems, and accelerate high-quality development. He added that these steps will build Hainan FTP into a leading gateway for opening up in the new era.
The move is widely seen as a landmark in the Chinese mainland’s efforts to promote free trade and counter rising protectionism globally. By enabling freer flows of goods, capital, personnel, and data supported by zero tariffs, low tax rates, and a simplified tax system, Hainan FTP is set to attract entrepreneurs, investors, and digital nomads seeking a dynamic and open business environment.
For young global citizens, tech enthusiasts, and sustainability advocates, Hainan FTP offers a compelling example of how policy innovation can drive economic transformation and international cooperation. As the world watches, the Chinese mainland’s newest gateway promises to reshape trade patterns and inspire similar initiatives across emerging markets.
Reference(s):
cgtn.com
