Xinhua Headlines: Hainan FTP construction gains further steam after launch of island-wide special customs operations

Data shows that from the launch of the special customs operations to May 31, Hainan added 1,240 foreign-funded enterprises, up 37.62 percent year on year. Zero-tariff imports more than doubled year on year, while the tariff-exemption policy on value-added processing generated 580 million yuan in domestic sales, with a reduction of nearly 30.25 million yuan in tariffs.