Hainan Free Trade Port Server Rack 1MWh Discount
Hainan Free Trade Port refers to the designation of the entire island of, China, as a special economic development area and free-trade zone. It is the largest special economic zone in the (PRC). It is regarded as a special area for China to comprehensively deepen economic reform and experiment with the highest level of opening-up policies. [PDF Version]FAQS about Hainan Free Trade Port Server Rack 1MWh Discount
What is the Hainan free trade port?
The creation of a free trade port is the highest level of opening-up in the world today. With rich natural resources and the advantages of being backed by China's mega-market, the Hainan FTP covers the entirety of the 33,900-square-kilometer Hainan Island. The FTP currently has eight open ports and 10 second-line customs ports.
When did Hainan become a free trade zone?
On December 18, the country launched island-wide special customs operations in Hainan, transforming the entire island into a high-standard free trade zone, encompassing not a single port or industrial park, but the whole island.
How does Hainan FTP work?
The island-wide special customs operations in Hainan FTP, that began from Dec 18, are different from how the rest of China's general territory functions. Trade in Hainan operates through a dual-line system: the first line between Hainan and overseas markets, and the second between Hainan and China's mainland.
How many ports does the Hainan FTP have?
The FTP currently has eight open ports and 10 second-line customs ports. China aims to build the Hainan FTP into an important gateway that leads the country's opening-up in the new era.
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