On December 18, 2025, China's Hainan Free Trade Port (FTP) officially launched island-wide special customs operations, a landmark step toward aligning with high-standard international trade rules.
The new customs model offers tariff-free policies and lower taxation, aiming to streamline cross-border flows and attract global investment. By simplifying clearance procedures and adopting digital inspections, Hainan is positioning itself as a key global trade hub and a testing ground for deeper reform and opening-up.
In this special edition of The Hub, correspondent Wang Guan flew to the island province to gather insights from a diverse panel of Hainan-based foreigners—entrepreneurs, educators and innovators—on what the launch means for businesses and the island's economy.
Panelists highlighted faster cargo clearance, reduced paperwork and greater certainty when planning investments, describing the new processes as unprecedented and confidence-boosting.
For travelers and digital nomads, the special customs regime promises more seamless import of equipment and personal items, opening doors to immersive experiences in Hainan's vibrant culture and natural landscapes. Tech startups see fresh opportunities for cross-border R&D collaborations, while educators welcome easier exchange of academic materials.
As global uncertainties persist, Hainan FTP's special customs operations underscore China's commitment to expanded high-standard opening-up. With a clear roadmap and a pioneering spirit, the island is charting a course toward a more connected future.
Reference(s):
cgtn.com
