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

Singaporeans Feeling the Pressure: Cost Concerns Rise as Household Optimism and Government Ratings Weaken - Blackbox Research Study

Blackbox’s latest SensingSG findings show affordability concerns rising amid global headwinds; workplace sentiment and the Good Governance Meter see notable falls.SINGAPORE – Media OutReach Newswi...

SIM Academy Explores How Mid-Career Professionals Can Build More Resilient Skills Portfolios

SINGAPORE - Media OutReach Newswire – 22 October 2026 - For many professionals in their 40s, upskilling has become a practical necessity rather than a discretionary choice. With technological chan...

ZTE Launches M8000 Intelligent Computing Micro-Module Data Center, New-Gen AIDC IT POD Solution for Global Deployment

SINGAPORE – Media OutReach Newswire – 22 October 2026 – ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions. ZTE has o...

Hisential Clinics Singapore Advocates Doctor-Led Men's Health Screening Ahead of Movember 2026

The Orchard Road clinic outlines a goal-based alternative to off-the-shelf test packages*SINGAPORE - Media OutReach Newswire - 22 October 2026 - Hisential Clinics Singapore, a doctor-led health sc...

Vincom Retail Partners with South Korean Premium Buffet Giant QooQoo

HANOI, VIETNAM – Media OutReach Newswire - 22 October 2026 – Vincom Retail has signed a memorandum of understanding (MoU) for strategic cooperation with QooQoo Franchise Group, the company behind ...

OPPO Find X10 Series Launches Globally with True-to-Life Imaging and All-Round Flagship Upgrades

SHENZHEN, CHINA – Media OutReach Newswire – 22 October 2026 – Leading global smart device brand OPPO today announced the global launch of its latest flagship smartphones, Find X10 and Find X10 Pro...

Polarise Launches Sovereign AI Cloud at NVIDIA GTC Berlin, Delivering Enterprise AI From Data Center to Application

With Polarise Rise and Polarise Drive, the German AI provider extends its own European AI Factories into a full-stack sovereign cloudBERLIN, GERMANY – Newsaktuell – 22 October 2026 – Polarise annou...

Torras Ostand Q3 Vegskin Nature Iphone Case: A Premium iPhone Case Inspired by the Textures of Nature

TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – The Torras Ostand Q3 Vegskin Nature Iphone Case is an iPhone case featuring the refined texture of organic silicone and a palette of ca...

TORRAS Launches Four New Ostand iPhone Cases with Built-In Stands for iPhone 18 Pro and Pro Max

From rugged protection to refined design, four new models tailored to different needs.TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – Rakuso Mirai Co., Ltd., the company behind the smar...

APAC CEOs face the same AI and geopolitical pressures as their global peers but are more confident in navigating complexities

SINGAPORE – Media OutReach Newswire – 22 October 2026 – Egon Zehnder, the world's premier leadership advisory firm, today released the results of its latest global CEO survey, The CEO Response...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

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...