Haikou Integrated Free Trade Zone

Haikou Bonded Zone was promoted to an integrated free trade zone on Dec 22, 2008, as a special economic zone with the highest opening-up level, the most preferential policies, the most complete functions and the most convenient procedures.

It has formed four major industrial clusters, i.e., biopharmaceuticals, automotive manufacturing, electronic information, and electromechanical processing.

As a special customs supervision area, the free trade zone specializes in foreign trade, international procurement, allocation and distribution, international transit, after-sales service, commodity display, R & D, processing and manufacturing, warehousing and logistics, and port operations.

In the first quarter of 2018, its fixed asset investment reached 426 million yuan (mostly industrial investment), accounting for 25.1 percent of the annual investment target. The fiscal revenue reached 503.3273 million yuan (excluding duties), an increase of 39.84 percent year on year. The amount of foreign trade is expected to reach 1 billion yuan, more than double compared to the same period last year. Also, satisfactory results have been achieved in intermediary trade, cross-border e-commerce, and vehicle imports.