Today, the world's attention is focused on this island in the South China Sea—the Hainan Free Trade Port has officially commenced operations!
This land, which is 8 times larger than Dubai, 30 times larger than Hong Kong, and 50 times larger than Singapore, is by no means a replica of the old Hong Kong-Singapore model. It aims to create a super free trade port that is unique in the world!
Many people mistakenly believe that the border closure means "sealing off people" or "requiring a visa to go to Hainan"? That's completely wrong! You can still freely go to Sanya to enjoy the waves and shop at the Haikou Duty-Free City—you can save up to 2,140 yuan on an Apple phone with the added policy benefits! But the land beneath your feet is no longer what it used to be.
Closing the border is to open a bigger door. And the first to feel the impact of this door opening is Singapore!
The core key lies in 'opening up the first line': 6,600 items with zero tariffs are flooding into Hainan, from high-precision scientific research equipment to daily consumer goods, almost all pass through with no barriers. This directly shakes Singapore's 'cheese'—in the past, Singapore maintained its position as the king of transit in the Asia-Pacific due to geographical advantages. In 2024, it is expected to earn a staggering $57 billion in service fees solely from trade rerouted through China and Indonesia, a figure that far exceeds half of Hainan's GDP!
But in the future, Thai durians, Norwegian salmon, and French perfume may choose Hainan as the first choice for transit due to the benefits of zero tariffs. The flow of people, goods, and capital converges here; Hainan's economic engine is roaring to life!
Even more revolutionary is that Hainan's ambition has never been to be the 'porter of the world'. In the past, Hainan relied on tourism, real estate, and agriculture dependent on nature. Now, it aims to use the 'strongest leverage' of zero tariffs to propel high-end industries and the global market!
A chip company is building a factory in Hainan, saving over 100 million yuan by importing a lithography machine; finished products can be sold domestically in the large mainland market or exported globally. The capital's sense of smell is the sharpest: In the two months before the closure, Hainan signed over 100 billion yuan in investments in just four days! The registered capital of a subsidiary of Ningde Times soared from 2 million to 10 billion, Ant Group increased its stake by 3.5 billion, a nearly 350-fold increase, and companies from over 170 countries and regions are rushing to land!
Some are worried: Will duty-free goods be resold under different labels, causing Hainan to walk the old path of 'three imports and one supplement' again?
The answer lies in the iron law of 'controlling the second line': Only goods that are genuinely processed in Hainan and have a value-added of over 30% will enjoy duty-free status when entering the mainland! This red line completely blocks the loophole of 'speculative labeling', compelling enterprises to settle in Hainan for R&D, build factories, and retain talents, keeping the real value in this land.
This is also a 'killer tool' aimed at global capital: Luxury goods and precision equipment produced abroad incur value-added tax when sold to the mainland; however, if produced in Hainan and meet value-added standards, they are directly exempt from tax! A cost benefit of over 10% is enough to drive countless capitals crazy!
Hainan's goals are crystal clear: no low-end processing, focusing on tourism, modern services, high-tech industries, and tropical characteristic high-efficiency agriculture—the 'four great pillars', targeting seed industries, deep sea, and aerospace as the three future tracks!
The rockets at Wenchang Space Launch Site are queued for liftoff, seeds at Yazhou Bay Laboratory are rewriting genes, and miraculous lives are unfolding in the wards of Boao Lecheng... Hainan is not just changing its course; it is rewriting the entire script of life!
For ordinary people, opportunities are already coming their way:
✅ The shortage of talents and the highest individual income tax cap for corporate executives is 15%. Hainan is more in need of doers than ever;
✅ Tourists can explore duty-free items from around the world, unlocking a true shopping paradise;
✅ The people of Hainan will witness a comprehensive upgrade of their hometown, forming a value closed loop of people and capital here!
In the next decade, Hainan stands at the forefront of the era, rising against the wind, with boundless prospects!
The times never disappoint those who dare to venture and take action. This time, Hainan will carve its name into a new chapter of the world economy!
Defy the odds and fight for it!
