On May 21, 2025, staff members at Hainan Well Lead Medical Technology Development Co., Ltd. in Haikou are actively engaged in the workshop, reflecting the momentum of industrial development in the region. This activity occurs against the backdrop of China's strategic commitment to establish Hainan Island as a globally impactful free trade port by mid-century, a plan that was unveiled in June 2020.

Since the initiation of this ambitious project, the Chinese government has introduced an array of favorable policies aimed at enhancing the Hainan Free Trade Port (FTP). These include the implementation of zero tariffs and facilitation of market access for both domestic and foreign investors. A notable policy enables tariff exemptions on goods that are imported to Hainan, processed, and subsequently sold to other parts of China, provided that these processed goods meet a 30 percent value-added threshold.

Initially piloted in July 2021 at the Yangpu Free Trade Port Zone, this policy has since expanded across Hainan, significantly contributing to local industrial advancement. As a result, the island is witnessing robust growth and progress on its trajectory to becoming a trade hub with global influence.

Visual evidence of this transformation can be seen in recent aerial drone footage capturing facilities within the Yangpu Free Trade Port Zone. The AUSCA International Oils and Grains Co., Ltd., for instance, exemplifies the dynamic industrial landscape being fostered under this new economic policy framework.

Furthermore, images from May 27, 2025, highlight the enthusiastic workforce at Hongyan food company, which is also located in the Yangpu Free Trade Port Zone. The visible activity in the workshops underscores the effectiveness of the special economic measures in invigorating local businesses and attracting investment.

As Hainan continues to promote its free trade initiatives, it also engages with local customs officers to ensure compliance and oversight within these rapidly developing enterprises. For instance, at Hainan Xiangyuan Industrial Co., Ltd., customs officials are seen learning about production processes, emphasizing the importance of regulatory frameworks alongside economic advancement.

The continued emphasis on production efficiency and value addition indicates Hainan's commitment to not just becoming a free trade port, but also a significant player in global supply chains. The collective efforts of local enterprises, supported by national policies, are laying the foundation for a vibrant economic future for the island.