2025-12-18
54 分钟Daily news and analysis.
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This is World Today.
Hainan Free Trade Port begins independent customs operations,
marking a new milestone for China's opening up and global free trade.
Russian President Vladimir Putin says his country advocates peaceful solution to Ukraine crisis.
And the unemployment rate in the United States rose in November to a four-year high.
Welcome to World Today, a news program with a different perspective.
I'm Gehanna in Beijing.
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Our top story.
Hainan Freight Report in southern China has officially kicked off island-wide independent customs operations.
A two-tier system will make trade with overseas markets much smoother,
while maintaining standard customs checks and tariffs on goods moving between the island and the rest of China.
The proportion of tariff-free goods will more than triple to 74 percent, covering over 6,600 items.
So, to explore what this means in practice, let's turn to Dr.
Mohamed Alina Seer, professor of economics at Leeds University in the UK.
Dr.
Jo Mi,