As of December 2025, Hainan has become a separate customs zone, establishing itself as the world's largest free trade port. This move contrasts with global protectionism, aiming to replicate Singapore's success. The new customs operations signify a major restructuring of Hainan's interaction with international markets, potentially making it the most business-friendly jurisdiction globally. The province operates under a two-line customs system, facilitating trade while maintaining domestic security. Hainan's strategic plans include a flat corporate tax rate of 15%, relaxed regulations, and expanded visa-free entry, positioning it as a gateway to Asia-Pacific markets amidst global economic uncertainties. Teljes cikk (Euronews.com)