China is expanding its efforts to develop the southern Hainan island into a globally significant free trade port by creating an enabling business climate and facilitating investment.
Weather radar transceivers worth more than 3.8 million yuan (about 579,100 U.S. dollars) on Tuesday morning became the first batch of tariff-free raw and auxiliary materials to enter the Hainan free trade port in south China.
Hong Kong Airlines Flight HX169 arrived at Sanya Phoenix International Airport in Hainan province at noon on Nov 24 carrying more than 15 metric tons of duty-free cosmetics eagerly anticipated by tourists on the tropical island.
Chinese authorities have released a list of zero-tariff commodities in a bid to boost high-quality construction of Hainan Free Trade Port, said the Hainan provincial government.
South China's island province of Hainan will construct two more offshore duty-free shops to promote tax-free consumption, according to the municipal bureau of commerce of Haikou, the provincial capital.
The Hainan Free Trade Port's first intercontinental air cargo route was officially launched after a Suparna Airlines plane successfully took off from Haikou Meilan International Airport on Nov 8.
Southern China's island province of Hainan has embraced the first leasing project of domestically-developed aircraft in the free trade port, according to the Haikou Meilan International Airport.