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Big changes are underway in Hainan—and they’re designed to make everyday life smoother for residents, expats, and businesses alike. China's Hainan Free Trade Port will officially launch island-wide independent customs operation on December 18, 2025, completing its transition into a full-fledged Free Trade Port.
In April 2018, China announced plans to transform the island into a pilot free trade zone, with a long-term vision of developing a free trade port with Chinese characteristics. A master plan released in 2020 aimed to make Hainan a globally influential hub for high-level openness by mid-century.
Wang Yang publishes an official definition of a free port in the People’s Daily. Announcement of a free trade zone covering the entire island of Hainan during the 30th anniversary of the Special Economic Zone. Launch of the Master Plan for the construction of the Hainan Free Port, aiming for global status by 2050.
The "Notice on Preferential Corporate Income Tax Policies for Hainan Free Trade Port" proposed that enterprises in encouraged industries registered and operated in Hainan Free Trade Port shall be subject to a reduced corporate income tax rate of 15%.
In 2012 Sanyo (later acquired by Panasonic) successfully launches industrial production of bifacial PV modules, based on its HIT (Heterojunction with Intrinsic Thin layer) technology. By 2010, ECN releases results on its research on BSCs, based on the by then classical p + nn + Back Surface Field BSC.
The technology behind solar panels continues to evolve and improve. Manufacturers are now able to produce bifacial panels, which feature energy-producing solar cells on both sides of the panel. With two faces capable of absorbing sunlight, bifacial solar panels can be more efficient than traditional monofacial panels – if used appropriately.
Bifacial solar panels are not suitable for rooftop installations but may work well with residential ground-mounted solar systems. The ideal use case for bifacial solar panels is in commercial and utility-scale solar installations.
Seres delivered Seres 5 vehicles to the first European owners in Norway in cooperation with a local dealer. (Image credit: Seres) Seres Group -- one of Huawei 's key partners in the automotive sector -- has started vehicle deliveries in Europe.
An early adopter of electric transport, Norway continues to capture EV battery headlines. Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability.
In 2016 the more general category of hybrid electric cars, which in Norway includes plug-in hybrids, had a market share of 24.5% of new car sales, up from 12.4% in 2015.
FINNMARK, Norway — Just a few years ago, almost no one drove electric vehicles up here. In this remote region north of the Arctic Circle — where reindeer outnumber people, avalanches can bury roads in winter and sunlight disappears for weeks — “range anxiety” takes on a new meaning. Today, however, nearly all new car sales in Norway are electric.
