Hainan Will Seal Its Borders! Here''s All You Need to Know
Big changes are underway in Hainan—and they''re designed to make everyday life smoother for residents, expats, and businesses alike. China''s Hainan Free Trade Port will
Big changes are underway in Hainan—and they''re designed to make everyday life smoother for residents, expats, and businesses alike. China''s Hainan Free Trade Port will
South China''s tropical island province of Hainan is intensifying efforts to establish itself as a high-level free trade port (FTP) by 2025. Key plans were outlined in a government
HAIKOU, June 1 -- In June 2020, China released a master plan to develop Hainan into a globally influential and high-level free trade port by the middle of this century. Over recent years, the
The document, adopted at the 8th Plenary Session of the 8th CPC Hainan Provincial Committee on 30 November, defines the coming five years as a "critical period" both
Chinese government on 1st June released master plan for the Hainan Free Trade Port, aiming at transforming the southern island province into a flagship of China''s Opening-up and a key
Chinese government on 1st June released master plan for the Hainan Free Trade Port, aiming at transforming the southern island province into a flagship of China''s Opening-up and a key
In order to implement the Overall Plan for the Construction of the Hainan Free Trade Port which proposes to "strengthen exchanges and co‑operation with Southeast Asian
PDF version includes complete article with source references. Suitable for printing and offline reading.
riment with the highest level of opening-up policy. Providing support for Hainan to explore and make steady headway in the construction of a free trade port with distinctive Chinese features and to establish a free trade port policy and system in multiple steps and phases is a major measure that General Secretary Xi Jinping personally planned, dep
Smart Hainan is under construction.(8) Tax system.We should gradually establish a tax system compatible with a high-level free trade port in accordance with the principles of zero tariffs, low tax rates, a simplified tax syst m, trong rule of
There is no need to go through customs formalities for goods transshipped to the rest of China at the Hainan Free Trade Port. They shall be loaded and unloaded at the workplaces (sites) under customs supervision in the free trade port, stored separately from other goods under customs supervision, and identified with obvious marks.
We should support the established trading venues in the Hainan Free Trade Port to roll out rules and institutional systems aligned with international practices in terms of membership, trading, taxation, clearance, settlement, protection of investor rights, and anti-money laundering.