Indonesia Taps Hainan FTP to Boost Tech and Diversity
Indonesia is tapping the Hainan Free Trade Port’s special customs operation to bring diversity and advanced technology to its industries, says Budi Hansyah.
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Indonesia is tapping the Hainan Free Trade Port’s special customs operation to bring diversity and advanced technology to its industries, says Budi Hansyah.
Discover how Hainan Free Trade Port’s cutting-edge ports, airways and special customs ops are boosting China’s global market connections and trade efficiency.
On 18 December 2025, Hainan launched island-wide special customs operations, marking a new phase for the Hainan Free Trade Zone and China’s opening-up strategy.
Hainan is transforming from a vacation hotspot into a stable global exchange hub, leveraging duty-free shopping, aircraft maintenance, cultural programs and tech incubators.
On December 18, 2025, Hainan will launch island-wide special customs operations, marking a new phase in China’s largest free trade port and heralding broader economic opening.
Hainan’s free trade port launches on December 18, introducing digital customs, visa-free entry, and sustainable policies as it pioneers a new model of open economy and smart governance.
China and the ROK met in Beijing on December 13 to fast-track the second phase of their Free Trade Agreement talks, aiming to deepen cooperation in traditional and emerging sectors.
At a Dec. 8 Beijing meeting, Chinese Commerce Minister Wang Wentao and German Foreign Minister Johann Wadephul pledged to uphold free trade, bolster WTO rules, and stabilize global supply chains.
BRICS foreign ministers in Rio oppose unilateral bullying, reaffirm the UN’s central role, and call for free trade and multilateral cooperation.