Business Daily Media

The Times


.

Hainan FTP's first month of island-wide special customs operations boosts economic vitality, sets global benchmark

HAIKOU, CHINA - Media OutReach Newswire - 20 January 2026 - 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.



Yangpu Port, the largest cargo port in the Hainan FTP.
Yangpu Port, the largest cargo port in the Hainan FTP.

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.

In Wanning City, production lines at Chia Tai (Hainan) Xinglong Coffee Industry Development Co., Ltd. are running at full capacity. The company imports green coffee beans from Colombia and processes them in Hainan before shipping the finished products to the mainland, enjoying an 8 percent tariff reduction under the FTP policies.

"After the launch of island-wide special customs operations, Hainan will gradually become a value-added processing center and trade hub with global resource allocation capabilities," said Ye Jian, the company's general manager. "Enterprises will not only pass through Hainan, but also be able to put down roots here and create higher value."

Duty-free shopping booms in Hainan FTP.
Duty-free shopping booms in Hainan FTP.

Drawn by the policy incentives, a growing number of companies are choosing to do business in Hainan. The General Administration of Customs said a total of 5,132 new foreign trade enterprises completed registration in Hainan over the past month, an increase in a month roughly equivalent to the total registrations in an entire quarter of 2024.

The total number of registered foreign trade market entities in Hainan has surpassed 100,000, according to official data.

As the policy came into force, major ports across Hainan saw a surge in activity.

Days after Hainan began island-wide special customs operations, a flight from Prague carrying 115 European passengers touched down in the tourist city of Sanya, marking a breakthrough in the high-level opening up of the aviation sector at the Hainan FTP.

The arrival marked the launch of China's first official passenger route operated under the Seventh Freedom of the Air, which allows foreign carriers to operate flights between two foreign countries without having to land in their home country.

The route is operated by Kazakhstan's Scat Airlines, with one round-trip scheduled each week.

At Yangpu Port, the largest cargo port in the Hainan FTP, mega-ships berthing in quick succession, gantry cranes operating around the clock, and container trucks moving in tightly coordinated flows have become a routine sight.

"Yangpu will shoulder the role of the main logistics gateway of the Hainan FTP," said Yang Xiaobin, deputy head of the Transportation, Port and Waterway Bureau of Yangpu Economic Development Zone. "The port aims to build a smart and green international shipping hub and logistics center."

Container throughput at Yangpu reached 3.31 million twenty-foot equivalent units (TEUs) in 2025, up more than 65 percent from a year earlier.

"It is particularly noteworthy that the Hainan FTP launched island-wide special customs operations at a time of intensifying deglobalization and rising global uncertainty," said Cui Weijie, deputy director of the Chinese Academy of International Trade and Economic Cooperation, a think tank with the Ministry of Commerce.

"It not only demonstrates China's unwavering commitment to high-standard opening up, but also injects greater certainty and positive momentum into the global economy and international trade cooperation," Cui said.




Hashtag: #HainanFreeTradePort #HainanFTP #CustomsReform #FreeTradePort #DutyFreeTrade

The issuer is solely responsible for the content of this announcement.

News from Asia

Nearly Half of Tracked Google Queries Now Show AI Overviews, KL SEO Expert Warns

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 September 2026 – As tools like Google AI Overviews, ChatGPT, and Gemini increasingly influence how consumers search for products and services...

Connecting Global Resources, Empowering Industry Growth

MetroTrans 2026: Join Us to Unlock New Growth OpportunitiesGUANGZHOU, CHINA– Media OutReach Newswire – 18 September 2026 – The 2026 China International Metro Transit Exhibition (MetroTrans 2026) w...

Finding a Second Home: Indian Student Aashni Rungta Pursues Business Excellence at CUHK

HONG KONG SAR – Media OutReach Newswire – 18 September 2026 – Hong Kong's standing as a global financial centre is turning the city into a magnet for internationally minded business students...

De Beers Group and Chow Tai Fook Jointly Launch Desert Rose Collection at JGW

HONG KONG SAR – Media OutReach Newswire – 18 September 2026 – De Beers Group presents the Desert Rose collection in partnership with Chow Tai Fook—the strategic partner of its Desert diamonds camp...

Flexible Workspace Leader Industrious to Open New Flagship at 1 Elizabeth Street, Its Most Premium Sydney Workspace

SYDNEY, AUSTRALIA – Media OutReach Newswire – 18 September 2026 – Industrious, the global flexible workplace company, will open its new Australian flagship at 1 Elizabeth Street in Sydney on 1 O...

Pinglu Canal, project of century, completed and opened to navigation

NANNING, CHINA – Media OutReach Newswire – 18 September 2026 – On September 16, the navigation launch ceremony for the Pinglu Canal was held in Qinzhou, Guangxi. At 10:25 a.m...

ICONSIAM Invites Global Travelers to Discover Why Bangkok Remains One of Asia’s Most Revisited Destinations This Golden Week

Best Things to Do in Bangkok This Golden Week: Discover Authentic Thai Cuisine, Luxury Shopping, Cultural Experiences and Iconic Chao Phraya River Attractions at ICONSIAMBANGKOK, THAILAND – Media ...

From "Good Houses" to "Good Living": Beijing Building Industrialization Group Presents a New Vision for Residential Life at CIFTIS

BEIJING, CHINA – Media OutReach Newswire – 18 September 2026 – The 2026 China International Fair for Trade in Services (CIFTIS) opened at Shougang Park in Beijing on September 9. The exhibition ar...

World Cities Turn to AI: Vinhomes Green Paradise – Can Gio Builds the Answer with WCCD Interim Custom ISO 37122 Smart City Certification

CAN GIO, VIETNAM – Media OutReach Newswire – 18 September 2026 – Vinhomes, Vietnam's leading developer of large-scale integrated urban complexes, has reached an important milestone: its Vinhomes G...

AI-enabled Economic and Trade Cooperation Tightening the Ties of Trade and Investment CooperationThe 23rd China-ASEAN Business and Investment Summit Held Successfully

NANNING, CHINA – Media OutReach Newswire – 18 September 2026 – The 23rd China-ASEAN Business and Investment Summit (CABIS) was held in Nanning City, Guangxi, China from September 17 to 19, 2026, s...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...