
The Ministry of Commerce held a regular press conference to introduce the three highlights of the "Notice on Further Improving the Level of Trade Liberalization and Facilitation of Hainan Free Trade Port" issued by the four departments, aiming to promote the innovative development of trade in Hainan Free Trade Port.
AI-generated summary
Four departments including the Ministry of Commerce issued the "Notice on Further Improving the Level of Trade Liberalization and Facilitation of Hainan Free Trade Port".
China News Service, October 29th. The Ministry of Commerce held a regular press conference on October 29th. A reporter asked that recently, the Ministry of Commerce and other four departments issued the "Notice on Further Improving the Level of Trade Liberalization and Facilitation of Hainan Free Trade Port". Can you introduce the highlights of the "Notice"? How will we promote the innovative development of trade in Hainan Free Trade Port?
Huang Ling, spokesperson of the Ministry of Commerce, said that since the Hainan Free Trade Port closed its customs operations on December 18, 2025, the Ministry of Commerce has actively supported Hainan in implementing the customs closure policy, promoting opening up, innovation, and development in trade and other fields, and achieved new results.
The "Notice" issued by the Ministry of Commerce and other four departments has three main highlights: First, innovative trade management models. For example, aviation kerosene entering Hainan's bonded storage facilities from abroad and used for export can be inspected according to international standards; another example is entrusting Hainan with administrative licensing for foreign institutions to come to my country to co-host some foreign-related economic and technological exhibitions. The second is to respond to the demands of business entities. Products produced by enterprises in the special supervision area of Hainan Customs through bonded remanufacturing are allowed to enter the domestic free trade pilot zone. The third is to expand high-level independent opening up. Qualified overseas companies can use the bonded facilities of the Hainan LNG receiving station without registering in China; the validity period of foreign doctors' practice license in Hainan has been extended from one year to three years, etc. These measures will further enhance the Hainan Free Trade Port’s trade management and service capabilities and drive the upgrading of related industries.
In the next step, the Ministry of Commerce will work with relevant departments and Hainan Province to implement detailed policies and measures to better build a free trade port with Chinese characteristics.
AI outlook — possibilities, not facts
The Ministry of Commerce will work with relevant departments and Hainan Province to implement detailed policy measures
Very likely · Within months

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China's Ministry of Commerce and other departments jointly issued the "Notice on Further Improving the Level of Trade Liberalization and Facilitation of the Hainan Free Trade Port", proposing 16 measures, covering trade in goods, trade in services, and new trade formats and new models, to help the high-quality development of the Hainan Free Trade Port.

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