Since Hainan proposed the island-wide closure in 2025, the high-frequency word that people have hotly discussed should be "the island-wide closure in Hainan", so what exactly does the closure refer to?

Hainan Island closure means to close the entire Hainan Island ?

Since Hainan proposed the island-wide closure in 2025, the high-frequency word that people have hotly discussed should be "the island-wide closure in Hainan", so what exactly does the closure refer to? What impact will it have after the closure?

If you want to build a good free trade port, closure operation is the basic , so this year is a very critical year for the construction of the free trade port, because this year we will fully launch all preparations for the closed trade port operation and accelerate the construction of the free trade port, and before 2025, the closed trade port operation will be launched.

"Close-up" is also the abbreviation of the closing operation. It refers to building the entire island of Hainan into a special area under the customs supervision of . In this specific area, the concept of "Close-up" can be referred to as: first line is relaxed, second line is controlled, and freedom on the island.

Among them, the "first line" can be regarded as the dividing line between foreign countries and Hainan Free Trade Port , and the "second line" is the dividing line between Hainan Free Trade Port and China's domestic market.

"First-line liberalization" means that foreign goods will be more convenient and smoother into China. Anyone on the legal goods list can enter and exit the Hainan Free Trade Port freely, and the types will be far more than other regions in the country. In addition, most of these goods entering the Hainan Free Trade Port will be exempt from import tariffs.

"Second Line Control" means that after foreign goods enter the free trade port, they need to go through customs inspection when entering the mainland and impose relevant taxes on overseas goods. This is to prevent overseas goods from entering the mainland Chinese market at will.

So what impact will the closure bring? After the closure of

, the entire Hainan economy will become one. In the future, the goods from the mainland will be counted as exports, and the goods from Hainan Island will go to the mainland and be counted as imports. Due to zero tariffs, foreign goods will flood into Hainan Free Trade Port, and the prices of some commodities in Hainan Province will be affected;

followed by after the closure, and the impact of local residents in Hainan is on all-round . For example, entry and exit will be more convenient, cross-border trade activities will be more convenient, personal income tax pays the lowest in the country, and the Internet and other information will be more open; in addition, some high-quality living packages will also be implemented in Hainan one after another, such as medical and educational resources, which will be able to go to the best hospitals and go to prestigious schools without leaving the island.

Therefore, the island-wide closure is an opportunity and challenge for Hainan or local residents. As the free trade port develops more and more maturely, Hainan's economy will gradually improve, and the basic supporting facilities in the city will become more mature and high-quality.