Hey everyone! Hainan Free Trade Port is making waves as it enters a bold new phase with its customs closure operation. This move underlines the Chinese mainland's determination to open up and embrace global opportunities — a true game-changer for trade and innovation. 🚀
Over the past five years, the Hainan model has transformed at lightning speed. With a rapid increase in economic openness from 17.3% in 2018 to 35% in 2024, Hainan’s export numbers have soared, with exports topping 100 billion yuan for the first time and a steady rise in foreign investments. Mind-blowing, right? 🤯
Hainan is syncing up with international trade rules and seizing every opportunity for enhanced cooperation. Partnerships with 158 countries and regions, strategic links with 38 free trade zones, and strong ties with RCEP members (contributing 30% to its total trade) are just some of the highlights. This is especially exciting for tech-savvy and globally minded young professionals looking to see real-world examples of strategic reform and innovation.
Boosted by a dynamic industrial system covering tourism, modern services, high-tech industries, and tropical agriculture, Hainan is not only climbing in numbers but also upping the quality of growth. This progress opens up fresh pathways for industry collaborations and job opportunities that perfectly match the dynamism of today’s lifestyles across South and Southeast Asia.
As Hainan Free Trade Port moves into full customs closure, expect more seamless global connectivity, improved business environments, and a template of reform that encourages open trade and smart growth. This inspiring journey is a clear sign of how targeted reforms can spark international opportunities and pave the way for a future full of promise and innovation. 🌏💡
Reference(s):
Hainan Free Trade Port demonstrates China's high-level opening-up
cgtn.com
