1、On April 13,2018,Chinese President Xi Jinping,addressing the gathering to celebrate the 30th anniversary of the founding of Hainan Province and the Hainan Special Economic Zone,solemnly announced to the world the CPC Central Committees decision to support Hainan in gradually exploring and steadily p

2、romoting the construction of a free trade port with China characteristics and incrementally establishing free trade port policies and institutional systems.On June 1,2020,the CPC Central Committee and the State Council officially announced the Master Plan for the Construction of Hainan Free Trade Po

3、rt(FTP)(the Hainan FTP Master Plan),proposing that by 2025,an FTP policy framework focused on the liberalization and facilitation of trade and investment will be put in place.By 2035,the FTPs institutional systems and operational model will have matured,and the Hainan FTP will stand at the forefront

4、 of Chinas open economy.By the middle of this century,Hainan will have fully developed into a high-level FTP with international influence.Since the announcement of the Master Plan,the construction of the Hainan FTP has been in full swing.The number of new market entities added and utilization of pai

5、d-up foreign capital have exceeded the total of the previous 30 years.At the same time,the Hainan FTP has been gradually building a policy and institutional framework centering on zero tariffs,low tax rates,and a simplified tax system and liberalization and facilitation in five areas,and the safe an

6、d orderly flow of data.More than 200 policy documents have been successively implemented one after another,with policy dividends being realized at an accelerated rate and initial results beginning to emerge.On December 18,2025,the Hainan FTP officially launched island-wide special customs operations