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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.
* China's Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec. 18, 2025, which marks the anniversary of the milestone Third Plenary Session of the 11th CPC Central Committee in 1978 that ushered in the reform and opening-up, underscores China's unwavering commitment to high-standard opening-up.
The Catalogue of Encouraged Industries in the Hainan Free Trade Port (2024 Edition), which came into effect on 1 March 2024, specifies that in addition to those categories receiving encouragement under existing national industrial catalogues, Hainan will have 14 more industries receiving such treatment, creating a total of 176 types.
An aerial drone photo shows a duty-free shopping mall in Sanya, South China's Hainan province, May 29, 2025. [Photo/Xinhua] The Hainan Free Trade Port will launch island-wide independent customs operations on Dec 18, a key step in transforming the tropical island into a globally significant free trade hub, a senior official announced Wednesday.
"We will strive to build the Hainan Free Trade Port into an important gateway leading China's opening up in the new era, contributing to the sustained development of the Chinese economy as well as injecting stability and certainty into the world economy," said Yuan, assistant minister of commerce. ■
"With the independent customs operations, Hainan FTP is poised to become a key gateway for China's new era of opening up and innovation," Cai added. China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
Wang Yang publishes an official definition of a free port in the People’s Daily. Announcement of a free trade zone covering the entire island of Hainan during the 30th anniversary of the Special Economic Zone. Launch of the Master Plan for the construction of the Hainan Free Port, aiming for global status by 2050.
BEIJING, Aug. 8 -- China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
Wang Changlin, deputy head of the National Development and Reform Commission (NDRC), announced that the free trade port will launch island-wide independent customs operation on December 18, 2025. The proportion of tariff lines with zero-tariff products in Hainan Free Trade Port will increase from 21 percent to 74 percent.
On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
"With the independent customs operations, Hainan FTP is poised to become a key gateway for China's new era of opening up and innovation," Cai added. China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
The Ministry of Commerce will make more efforts to support Hainan in aligning with high-standard international economic and trade rules, enhancing institutional openness, and fostering new growth drivers through targeted measures, Jiang said.
Scientists and engineers are developing new building materials for earthquake-resistant construction. These materials range from shape-memory alloys to invisibility cloaks to fibers created from synthetic spider silk.
New technology plays an important role in expanding our understanding of earthquakes and developing creative solutions to build earthquake-resistant structures. Seismic retrofitting, seismic analysis, and seismic sensors are aspects of this process.
Advanced designs intended to withstand earthquakes are effective only if proper construction methods are used in the site selection, foundation, structural members, and connection joints.
Earthquake-resistant construction, the fabrication of a building or structure that is able to withstand the sudden ground shaking that is characteristic of earthquakes, thereby minimizing structural damage and human deaths and injuries. Suitable construction methods are required to ensure that
Large power plants feed their electricity into this level and distribute it to the subordinate distribution grids, from which the electricity goes to households. In addition, the transmission grid connects the German electricity grid with those of neighbouring European countries and the European energy exchange.
A strong and highly interconnected electricity grid is one of the key flexibility assets in Germany – and Europe. No other region of the world has a comparable cross-national grid as robust, reliable and interconnected as that in Europe.
Being responsible for Germany's high-voltage grid, TSOs maintain, operate, plan and expand grid infrastructure. For example, 50Hertz Transmission — owned by Belgian company Elia Group (80%) and German state-owned KfW banking group (20%) — controls the grid in eastern Germany and parts of it in the north.
In Germany the high voltage transmission grid is largely owned by the four transmission system operators (TSOs): TenneT, 50Hertz Transmission, Amprion and TransnetBW. At the level of the distribution grids the electricity is transmitted at high, medium and low voltage. The high voltage grid is used for the primary distribution of the electricity.
