The economic outward orientation of Hainan Free Trade Port has increased to 35%, and the customs operations are ready.

date
24/07/2025
Today, the State Council Information Office held a press conference to introduce the situation of the construction of the Hainan Free Trade Port. Officials from Hainan Province stated that the opening up of the Hainan Free Trade Port is increasing, the industrial system is becoming more superior, and all customs operations are ready. It was reported that the actual use of foreign capital in the Hainan Free Trade Port was 102.5 billion yuan, with an annual growth rate of 14.6%. Foreign direct investment was 9.78 billion US dollars, with an annual growth rate of 97%. There were 8,098 new foreign-funded companies established, with an annual growth rate of 43.7%. The annual growth rates of goods trade and services trade were 31.3% and 32.3% respectively. 176 countries and regions have invested in Hainan, and its economic openness has increased to 35%. The visa-free policy is the best in the country, with 85 countries allowing visa-free entry to Hainan.