Hainan FTP's First Month of Island-Wide Special Customs Operations Boosts Economic Vitality
Yangpu Port, the largest cargo port in the Hainan FTP.--
HAIKOU, CHINA, Radarseluma.Disway.id - One month into the island-wide special customs operations, the Hainan Free Trade Port (FTP) in south CHINA has maintained smooth and orderly functioning, with initial achievements in logistics efficiency, passenger convenience, and economic aggregation, highlighting the country's commitment to high-level opening up.
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Hainan Heren Pearl Co., Ltd., which mainly imports pearls from overseas, has emerged as a direct beneficiary of Hainan FTP policies.
Under the value-added processing policy, the company can sell its high-value products to the mainland duty-free, cutting its overall tax burden from about 52 percent to roughly 26 percent and redirecting the savings into research and development, said Zhang Shizhong, the company's chairman.
"The FTP holds great promise, with more policy dividends set to be released in the future," Zhang said.
One notable special customs policy is offering "freer access at the first line," referring to freer trade between Hainan and areas outside China's customs borders, and "regulated access at the second line," which involves applying standard customs controls for goods moving from Hainan to the mainland.
According to Haikou Customs, from Dec. 18, 2025 to the early hours of Jan. 18, 2026, the value of "first line" imported zero-tariff goods was 753 million yuan (about 107 million U.S. dollars); the value of processed and value-added goods sold domestically through the "second line" was about 85.9 million yuan.
Sumber: media outreach newswire
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