December 18, 2025

Substantial progress has been achieved in developing the Hainan Free Trade Port (FTP) and the essential conditions for its island-wide special customs operations have been met, Chinese Vice Premier He Lifeng said on Thursday at the launch ceremony in Haikou, the capital of southern China's Hainan Province.

The island-wide special customs operations should serve as an opportunity to deepen reforms in key sectors, steadily advance high-quality development, improve the risk prevention and control system, and build the Hainan FTP into a leading gateway for China's opening up in the new era, said He, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee.

China on Thursday launched island-wide special customs operations in the Hainan FTP, the world's largest FTP by area, allowing freer entry of overseas goods, expanding zero-tariff coverage, and introducing more business-friendly measures.

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