{"id":202247,"date":"2025-12-20T17:16:07","date_gmt":"2025-12-20T17:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/202247\/"},"modified":"2025-12-20T17:16:07","modified_gmt":"2025-12-20T17:16:07","slug":"china-launches-island-wide-special-customs-operations-in-hainan-ftp","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/202247\/","title":{"rendered":"China launches island-wide special customs operations in Hainan FTP"},"content":{"rendered":"<p>According to statistics released by Haikou Customs, major imports through the &#8220;first line&#8221; of the customs system included crude oil and aviation equipment.<\/p>\n<p>Duty-free goods sold to China&#8217;s mainland through the &#8220;second line,&#8221; under the policy allowing products with an added value of 30 percent or more during processing, totaled nearly 14.69 million yuan on Thursday.<\/p>\n<p>The policy resulted in tariff exemptions of 808,000 yuan, with major products including medical devices, pharmaceuticals and food.<\/p>\n<p>China on Thursday launched island-wide special customs operations in the Hainan FTP, the world&#8217;s largest FTP by area, allowing freer entry of overseas goods, expanding zero-tariff coverage, and introducing more business-friendly measures.<\/p>\n<p>The &#8220;first line&#8221; refers to Hainan&#8217;s connection with overseas markets. Meanwhile, the &#8220;second line&#8221; denotes the customs boundary between the island and China&#8217;s mainland.<\/p>\n<p>Officials describe the two-tiered special customs system as &#8220;freer access at the first line,&#8221; referring to freer trade between Hainan and areas outside China&#8217;s customs border, and &#8220;regulated access at the second line,&#8221; which means maintaining standard customs controls for China&#8217;s mainland.<\/p>\n<p>Earlier, it was <a href=\"https:\/\/qazinform.com\/news\/china-to-impose-anti-dumping-duties-on-eu-pork-imports-from-december-17-b34c75\" rel=\"nofollow noopener\" target=\"_blank\">reported <\/a>that China would introduce anti-dumping duties on pork and pork by-products imported from the European Union starting December 17.<\/p>\n","protected":false},"excerpt":{"rendered":"According to statistics released by Haikou Customs, major imports through the &#8220;first line&#8221; of the customs system included&hellip;\n","protected":false},"author":2,"featured_media":202248,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-202247","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/202247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=202247"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/202247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/202248"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=202247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=202247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=202247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}