4 FAQs about 220V Emergency Network Cabinet for Hainan Free Trade Port

Does Hainan free trade port require customs formalities?

There is no need to go through customs formalities for goods transshipped to the rest of China at the Hainan Free Trade Port. They shall be loaded and unloaded at the workplaces (sites) under customs supervision in the free trade port, stored separately from other goods under customs supervision, and identified with obvious marks.

What is a 'electronic fence' in Hainan free trade port?

Through the segregation of financial account, an “electronic fence” of funds will be established to provide the basic conditions for the free and convenient flow of cross-border funds between the Hainan Free Trade Port and overseas. 10. Facilitating the flow of cross-border trade and investment funds.

What is a rule-of-law system for Hainan free trade port?

(10) Rule-of-law system. We must establish a rule-of-law system for the free trade port mainly comprising local regulations and commercial dispute resolution mechanisms based on the Hainan Free Trade Port Law, and create a world-class rule-of-law environment for Hainan Free Trade Port.

Will Hainan free trade port issue local government bonds?

The Hainan Free Trade Port is encouraged to issue local government bonds to eligible global investors. Hainan will make overall arrangement of central funds and own financial resources to establish the Construction Investment Fund for Hainan Free Trade Port which will operate under government guidelines and market rules. 15.

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