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The construction of a free trade port in Hainan can strengthen economic, trade and investment ties with BRI partner countries, especially ASEAN countries, enhance the level of opening up to the outside world and expand foreign trade.
"With the independent customs operations, Hainan FTP is poised to become a key gateway for China's new era of opening up and innovation," Cai added. China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
Since the launch of the FTP initiative in 2020, Hainan has experienced a surge in foreign trade activities: Over 70,000 new foreign trade companies have been registered. These businesses have significantly contributed to the province’s growing role in international trade.
BEIJING, Aug. 8 -- China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
"We will strive to build the Hainan Free Trade Port into an important gateway leading China's opening up in the new era, contributing to the sustained development of the Chinese economy as well as injecting stability and certainty into the world economy," said Yuan, assistant minister of commerce. ■
The Ministry of Commerce will make more efforts to support Hainan in aligning with high-standard international economic and trade rules, enhancing institutional openness, and fostering new growth drivers through targeted measures, Jiang said.
An aerial drone photo shows a duty-free shopping mall in Sanya, South China's Hainan province, May 29, 2025. [Photo/Xinhua] The Hainan Free Trade Port will launch island-wide independent customs operations on Dec 18, a key step in transforming the tropical island into a globally significant free trade hub, a senior official announced Wednesday.
Vice Minister of Finance Liao Min noted that the number of duty-free items in Hainan will increase from about 1,900 to around 6,600, marking a significant boost in openness.
Battery storage power plants and uninterruptible power supplies (UPS) are comparable in technology and function. However, battery storage power plants are larger. For safety and security, the actual batteries are housed in their own structures, like warehouses or containers.
Standardized Smart Energy Storage with Zero Capacity Loss All-In-One integrated design, 1.76㎡ footprint, saving more than 30% of floor space compared to split type Low-voltage connection for AC-side cabinet integration, ensuring zero energy loss Four-in-one Safety Design: "Predict, Prevent, Resist and Improve"
Since battery storage plants require no deliveries of fuel, are compact compared to generating stations and have no chimneys or large cooling systems, they can be rapidly installed and placed if necessary within urban areas, close to customer load, or even inside customer premises.
Since 2010, more and more utility-scale battery storage plants rely on lithium-ion batteries, as a result of the fast decrease in the cost of this technology, caused by the electric automotive industry. Lithium-ion batteries are mainly used. A 4-hour flow vanadium redox battery at 175 MW / 700 MWh opened in 2024.
The inverter modules are available for various input and output voltages, and the output power varies according to the voltage combination. INVERTRONIC compact inverter systems and their racks, comprising hot-swapping 1/5 19” rack modules with a range of 3 heights, are characterised by their modular architecture.
As part of a new generation traction System, the traction inverter and converter can cover a wide power range and various specifications. Mitsubishi Electric can provide various traction Systems which meet customers specifications: DC/AC, 750V to 3000V, 50/60/16.7Hz, EMU/DEC/Loco/High Speed, DC/DC Converter with Li-Ion Battery.
Rectifier / inverter system cabinet of reduced height, populated with inverter modules, “EUE” electronic bypass switch and manual bypass, together with rectifier modules. You get the most economical solution and benefit in the long term from the direct link to BENNING as the manufacturer.
Converted in 1978 from Pennsylvania Railroad 11 kV 25 Hz system to the 12.5 kV 25 Hz on the Rahway-Matawan ROW and 12.5 kV 60 Hz electrification extended to Long Branch in 1988. The Matawan-Long Branch voltage converted from 12.5 kV 60 Hz system to the 25 kV 60 Hz in 2002. Under construction, expected to be operational by 2027–28.
