Sichuan Businesses Gear Up for Hainan Free Trade Port's Full Closure: Opportunities and Transformation

    2025-12-18 18:22:25 by Will Holt

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    On December 17, Luo Xiaodong was busy at the site of the Lin'gang Economic Zone project in Haikou Jiangdong New Area: he was both advancing the construction after the topping out of the main building and receiving business partners. As the chairman of Hainan International Smart Logistics and Trade Cloud Port Development Co., Ltd. and the person in charge of Sichuan Port Investment Group's Lu Hai Cloud Port project in Hainan, he witnessed the significant moment of the topping out of the logistics and trade cloud port on December 15.

    December 18 marks the time node for the full island customs closure operation, and many Sichuan businessmen like Luo Xiaodong have been preparing for this for years. At the construction site of the Hainan International Smart Logistics and Trade Cloud Port project, a large red banner reading 'Topping Out Celebration' stood out prominently. This cross-border logistics and trade industrial park, invested with 280 million yuan by a state-owned enterprise from Sichuan, deliberately completed the topping out of the main structure before December 18.

    Luo Xiaodong stated that after the full island customs closure operation of the Hainan Free Trade Port, enterprises will benefit from the expansion of the scope of 'zero-tariff' goods and the optimization of the tariff-free policy for value-added processing. The park will engage in value-added processing, cold chain, and cross-border trade, focusing on introducing products from sectors such as consumer electronics, beauty and health supplements, and high-end food. It aims to create a new model of processing trade characterized by 'overseas imports + free trade port processing + global sales.' Half a month ago, Hainan Cloud Port signed nine cooperation agreements with overseas corporate clients from Thailand, Vietnam, and well-known domestic companies, with the future goal of attracting 200 enterprises.

    Hainan Cloud Port will also form a two-way interaction with its Sichuan headquarters, leveraging Sichuan’s R&D capabilities for processing and production in Hainan, benefiting from the tariff-free policy for value-added processing, and driving the sales of raw materials from Sichuan. Meanwhile, taking advantage of the free trade port's 'first-line opening,' it will deepen cooperation with international airlines and accelerate the layout of more customized international cargo flight resources, establishing a 'new air channel for Sichuan-Chongqing goods to go overseas.'

    Zigong businessman Jing Shiliang set up a beef processing plant in the Haikou Comprehensive Bonded Zone, becoming the first to 'try the crabs.' Xinghui Food achieves a 30% value-added rate through processing raw beef, enjoying the tariff-free policy. The company currently has orders worth 16 million yuan and is importing new beef raw materials from Brazil and Argentina by sea. Before and after the customs closure, Jing Shiliang received multiple inquiries for cooperation, including individual entrepreneurs specializing in Zigong spicy beef, technical cooperation, and product processing and packaging cooperation with pickled vegetable producers from Neijiang.

    【本文部分内容由AI辅助生成,特此声明。The author(s) generated part of the content in this work with the assistance of artificial intelligence (AI), which is hereby declared.】