Zero-tariff imports in south China's Hainan Free Trade Port (FTP) reached 48.6 million yuan (about 7.03 million U.S. dollars) during the Spring Festival holiday from February 15 to 23, about two months following the launch of special customs operation in the tropical island province.
China on December 18, 2025 launched island-wide special customs operations in the Hainan FTP, the world's largest FTP by area, allowing freer entry of overseas goods, expanded zero-tariff coverage and more business-friendly measures.
In the nine-day Spring Festival holiday, the total tax reductions and exemptions for the imports reached 9.42 million yuan (1.37 million U.S. dollars).
The value of processed goods for domestic sale that are exempt from tariffs exceeded 8.85 million yuan (1.28 million U.S. dollars), with tariff reductions and exemptions amounting to over 1.25 million yuan (181,400 U.S. dollars).
Accumulatively, the value of imports through the Hainan FTP during the holiday season reached 1.426 billion yuan (206.9 million U.S. dollars), mainly including crude oil and coal. The exports during the period amounted to 344 million yuan (48.46 million U.S. dollars), primarily including chemical products and rapeseed oil.
During the holiday, the Haikou Customs oversaw duty-free sales for offshore island totaling 2.72 billion yuan (394.66 million U.S. dollars), a year-on-year increase of 30.8 percent. The number of items sold amounted to 1.997 million, up 21.9 percent year on year. The number of shoppers reached 325,000, a year-on-year growth of 35.4 percent.
Zero-tariff imports in south China's Hainan reach 48.6 mln yuan during Spring Festival holiday
