Heads up: this Thursday, December 18, Hainan Free Trade Port will launch its island-wide special customs operations 🚢. With all preparations now complete, this is a pivotal institutional milestone in China’s high-level opening-up journey.
These special customs operations span the whole island, aiming to create a seamless trade environment and bolster Hainan’s role on the global stage. It’s a strategic step toward Hainan becoming a world-class free trade port.
According to Xia Le, Chief Economist for Asia at BBVA Research, this policy breakthrough underscores China’s dedication to high-standard opening-up. It could reshape Hainan’s business ecosystem and spark fresh opportunities in trade, innovation, and beyond.
What’s in it for you? For young pros and tech-savvy entrepreneurs in South and Southeast Asia, Hainan’s next chapter could mean easier cross-border projects, faster customs clearance, and a dynamic hub ready for innovative ventures. Watch this space! 🌟
Reference(s):
Key institutional breakthroughs propel Hainan's high-level opening-up
cgtn.com
