HAIKOU, June 16. /TASS/. The value of goods imported into the free trade port of China's southern island province of Hainan under the “zero-tariff” regime reached 2.26 bln yuan ($315 mln) from the launch of the special customs regime on the island in December 2025 through the end of April, up 99.5% year-on-year. The figures were announced by Liao Zengliang, Deputy Director of the Working Committee Office of the Hainan Free Trade Port, at a press conference marking the fifth anniversary of the implementation of the Law of the People's Republic of China on the Hainan Free Trade Port.
According to him, the region also recorded notable growth in foreign economic activity during the first months of the new regime. The value of products sold on the domestic Chinese market reached 510 mln yuan, while the total amount of customs incentives granted amounted to 24.57 mln yuan.
Provincial authorities continue to expand the use of preferential mechanisms. In particular, on June 1, Hainan completed its first value-added processing operation in the specialized vehicle sector. In addition, six companies have been authorized to conduct product repair activities under the bonded warehouse regime, while three other enterprises are operating under an international service model in which both customers and suppliers are located outside China.
