Title: Hainan Free Trade Port: A Historic Milestone and Future Vision

In Beijing on March 11, 2025, a significant achievement was reached in Hainan as the province moved closer to implementing independent customs operations. This milestone, outlined in the Master Plan for Building the Hainan Free Trade Port, represents a pivotal moment in the ongoing development of the region. Chinese President Xi Jinping has emphasized the importance of this initiative, highlighting the need for a smooth and risk-free transition.

Governor Liu Xiaoming of Hainan Province confirmed in an exclusive interview with CGTN’s Liu Xin that preparations are underway to ensure a successful transition by the end of the year. Contrary to misconceptions about isolation, the customs framework in Hainan follows a model that promotes international trade while maintaining necessary regulatory oversight between Hainan and the mainland.

Hainan is not only focusing on customs operations but also on enhancing its business environment to attract global investors. Efforts have been made to develop a market-oriented, law-based, and globalized business environment. The province has streamlined government services and introduced a one-stop enterprise service platform to support foreign enterprises. Governor Liu Xiaoming emphasized the importance of improving internet access and payment convenience for foreign businesses and residents.

With a focus on tourism, modern services, high-tech industries, and tropical agriculture, Hainan’s economy has seen significant growth in these sectors. The province has also embraced strategic directions in agriculture, maritime, aerospace, green development, and the digital economy. Maritime development, in particular, has been a priority for Hainan, with plans to expand deep-sea energy, high-end equipment manufacturing, offshore aquaculture, marine biomedicine, and maritime tourism.

In addition to economic development, Hainan is committed to environmental sustainability. The province is known for having the best ecological environment in China. Initiatives like the Bo’ao near-zero carbon demonstration zone showcase Hainan’s commitment to reducing carbon emissions and promoting renewable energy.

With independent customs operations, a thriving business environment, strategic industrial development, and strong ecological commitments, Hainan is poised to become a global leader in trade, innovation, and sustainability. The future of the Free Trade Port promises dynamic growth and increased international engagement, aligning with national goals and global economic trends.

In conclusion, Hainan’s journey towards becoming a global leader in trade and sustainability is well underway. The province’s focus on innovation, environmental stewardship, and strategic industrial development sets it on a path towards continued success. As Hainan continues to make strides in these areas, the world can look forward to a region that not only meets national goals but also contributes to global economic growth.