4 FAQs about Hainan Free Trade Port Outdoor Energy Storage Cabinet 2MW Bulk Procurement

When will China's Hainan free trade port open?

VCG China's Hainan Free Trade Port (FTP) will officially begin island-wide independent customs operations on December 18, 2025, marking a major milestone in the country's push for higher-level openness, according to a press conference on the development of the port held by the State Council Information Office on Wednesday.

What is Hainan free trade port & China Pilot Free Trade Zone?

On 31 March 2023, the Forum on Strategic Interconnection and Cooperation between Hainan Free Trade Port and the China (Shanghai) Pilot Free Trade Zone was held in Haikou to promote the establishment of a regular exchange and cooperation mechanism between the two sides.

Will Hainan Island become a free trade port?

In June 2020, China released a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. Series of opening-up policies have been issued to create a "foreign investor-friendly" business environment in Hainan.

What is the Hainan FTP's island-wide independent customs operation?

"The island-wide independent customs operation is a flagship move for the development of the Hainan FTP and a key measure to further expand opening-up," Wang said, calling it "a milestone" in China's opening-up efforts.

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