摘要
The Hainan Free Trade Port (FTP) is a key step for China to advance high-standard opening-up and seize a more active role in economic globalization. After early trials, a policy framework has taken shape, and islandwide special customs operations mark a shift from design to full implementation.As of January 18, island-wide special customs operations in Hainan FTP had been in place for a month. The first month ran smoothly, with more efficient flow of goods, people, and capital.This reflects China’s institutional opening-up and, amid slowing global growth, has injected fresh vitality into the regional and global economy.