On the 18th, Hainan Free Trade Port commenced its island-wide customs clearance operations. This marks a landmark initiative in China’s unwavering commitment to expanding high-level opening-up and advancing the development of an open world economy.

Following the operation, Hainan will function as a special customs supervision zone, implementing liberalized and streamlined policies characterized by ‘relaxed controls at the “first line”, tightened management at the “second line”, and freedom within the island’.

International observers note that the commencement of Hainan Free Trade Port’s closed-border operations fully demonstrates China’s resolve to continuously broaden and elevate its level of openness, delivering a fresh testament to its commitment to high-level opening-up.