China launches island-wide special customs operations in Hainan FTP
Published on: Dec. 18, 2025, 3:34 p.m. | Source: Daily Excelsior
BEIJING, Dec 18: China on Thursday launched island-wide special customs operations in the Hainan Free Trade Port (FTP), the world’s largest FTP by area, allowing freer entry of overseas goods, expanded zero-tariff coverage and more business-friendly measures. The move is widely seen as a landmark step in China’s ongoing efforts to promote free trade and expand high-standard opening-up at a time of rising protectionism worldwide. Under the new arrangements, the tropical island of more than 30,000 square km has been […]
