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With a zero-tariff system fundamentally in place after the independent customs operation, high-quality global resources can flow into Hainan with greater freedom and efficiency, Wu said. Trade liberalization and facilitation are defining features of a free trade port.
On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
"With the independent customs operations, Hainan FTP is poised to become a key gateway for China's new era of opening up and innovation," Cai added. China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
BEIJING, Aug. 8 -- China's Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country's wider push for high-standard opening up.
On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
With a zero-tariff system fundamentally in place after the independent customs operation, high-quality global resources can flow into Hainan with greater freedom and efficiency, Wu said. Trade liberalization and facilitation are defining features of a free trade port.
Looking ahead, the Hainan FTP will prioritize promoting the free and efficient flow of key production factors, including trade, investment, cross-border capital, personnel and logistics, alongside the secure and orderly movement of data, according to Cai.
A view of the Hainan Free Trade Port in Haikou, south China's Hainan Province, July 23, 2025. /VCG A view of the Hainan Free Trade Port in Haikou, south China's Hainan Province, July 23, 2025. /VCG
In Turkey as of 2023, there are available companies that have an annual solar module production capacity of 1.2 GW with zero micro-cracks. The existing energy infrastructure and the flexibility to adapt to the needs of solar PV integration have resulted in increased interest in this field in Turkey. 3.5. Legal factors
Up to USD 100 billion will be spent on this new initiative, and the country’s cumulative solar and wind capacity will exceed 120 GW by 2035. The total installed power generation capacity of Türkiye exceeds 110 GW in 2024, and the share of renewables has reached 50%.
As of June 2023, Turkey's total installed electric generation capacity has reached 104.904 GW. The installed capacity of solar power electricity amounts to 10.175 GW, resulting in a ratio of 9.7 % to the total installed capacity as indicated in Fig. 13. In the same month, Turkey's electricity generation from solar power amounted to 2.41 TWh.
Türkiye At the end of December 2022, total installed power capacity in Türkiye reached 103,809 MW, out of which PV plants accounted for 9,425 MW. The amount of solar PV projects under completion are estimated to be 1-1.5 GW. This capacity can be considered in addition to the installed capacity in 2022.
