15kW Lead-acid Battery Cabinet in Hainan Free Trade Port

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4 FAQs about 15kW Lead-acid Battery Cabinet in Hainan Free Trade Port

Is Hainan a free trade zone?

China already has 22 free trade zones (FTZs), but Hainan represents a fundamentally different level of openness. Most FTZs are limited to specific urban areas and focus on upgrading local industries. Hainan has transformed an entire island into a unified free trade port, with its own customs, tax and regulatory system.

Is Hainan China's most ambitious experiment in free trade & economic openness?

As global trade faces rising tariffs and growing protectionism, China is moving in the opposite direction by opening one of its doors wider. That door is Hainan, a tropical island now being positioned as China's most ambitious experiment in free trade and economic openness.

How does Hainan work?

Hainan is attempting something broader: activating goods, capital, people and data simultaneously. Eighty-six countries now enjoy visa-free entry to Hainan. Capital flows are easier to manage across borders. Goods move with fewer tariffs and fewer barriers. And administrative systems are being redesigned to reduce friction wherever possible.

What is Hainan's 30% value-added rule?

30% value-added rule: Products processed in Hainan with at least 30% of their value added locally can enter the Chinese mainland duty-free. In simple terms, Hainan is saying: don't just pass goods through – do real work here. Assembly, manufacturing, processing, and supply-chain development all count.

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