Hainan gears up for full customs launch, with zero tariffs on most imports

海南全力备战全面启用海关,多数进口商品实行零关税

The Beijing Hour

2025-10-15

59 分钟
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Hainan Province in southern China is set to launch island-wide independent customs operations, introducing zero tariffs on 74% of imports - a major milestone during the 14th Five-Year Plan period (01:05). China's consumer prices stabilized in September, with core inflation hitting a 19-month high, driven by strong consumer and industrial demand (36:25). And the U.S. government shutdown is impacting the economy, with federal layoffs, flight disruptions, and closures of major tourist attractions (21:12).
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  • Get the unmissable news stories of the day.

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  • On today's program,

  • Hainan province is nearly complete of preparations for its island-wide independent customs operations.

  • Israeli media says the country is reopening the rapid border crossing to allow more aid into Gaza.

  • The U.S. federal government shutdown continues after the latest Republican-backed funding bill failed to pass a vote.

  • In business, China's consumer prices show signs of stabilizing in sports.

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  • In culture,

  • Entertainment a celebrated cello artist from China electrifies audiences with their latest tour Now checking the day's top stories The southern Chinese province of Hainan will launch island-wide independent customs operations on December 18th,

  • marking a key milestone in the country's high-level opening up during the 14th five-year plan period which ends this year.

  • Officials say preparations for the Hainan free trade port are nearly complete,

  • with infrastructure and inspection systems ready for full operation.

  • They said trial runs at key cargo ports since September have gone smoothly,

  • paving the way for a seamless transition into December.

  • Starting then, 74 per cent of imported goods will enjoy zero tariffs under a new,