4 FAQs about Fixed communication power cabinet for residential communities in Hainan Free Trade Port

Is Hainan a key opening door to the world?

Chinese government on 1st June released master plan for the Hainan Free Trade Port, aiming at transforming the southern island province into a flagship of China's Opening-up and a key opening door to the world. The master plan will benchmark Hainan with some of the world's high-level free trade ports, for examples, Hong Kong, Singapore and Dubai.

How does Hainan free trade port work?

For transshipment cargos that are shipped from overseas, reloaded, sorted and assembled at the Hainan Free Trade Port and then shipped to other countries or regions, the customs procedures will be simplified. There is no storage period for the cargos in Hainan Free Trade Port, and the storage location can be chosen freely.

Should we support the established trading venues in Hainan free trade port?

We should support the established trading venues in the Hainan Free Trade Port to roll out rules and institutional systems aligned with international practices in terms of membership, trading, taxation, clearance, settlement, protection of investor rights, and anti-money laundering.

What is a 'electronic fence' in Hainan free trade port?

Through the segregation of financial account, an “electronic fence” of funds will be established to provide the basic conditions for the free and convenient flow of cross-border funds between the Hainan Free Trade Port and overseas. 10. Facilitating the flow of cross-border trade and investment funds.

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