Abstract
One of the key initiatives of China's reform and opening up is the construction of a free trade port in Hainan. The years 2021 to 2025 will be crucial for the quickening of the development of Hainan's logistics sector and the construction of the free trade port. Hainan Free Trade Port has recently implemented a number of policies conducive to the growth of the logistics sector, including zero tariffs and free, efficient transportation. In 2021, the demand for Hainan Free Trade Port's logistics grew significantly, construction of the transportation and logistics infrastructure was accelerated, while the capacity of logistics services continuously increased. Overall, the modern logistics sector in Hainan is still in its early stages of growth, but in the future, Hainan will be China's free trade port with the highest degree of openness, developing into an important logistics hub between China and the rest of the world, particularly the ASEAN area.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Pilot zone for furthering all-round reform and opening up, the national pilot zone for ecological conservation, service zone for implementing China's major strategies and the international tourism and consumption center.
- 2.
The island's high-speed railroad is “a ring”, the West Ring freight line connecting the north and south of the freight is “a line”, the Guangdong-Hainan Railway's cross-sea ferry is “a ferry”, and the two freight feeder lines are “two branches”.
References
Chinanews.com (2022) The first single implementation of tax rebate policy at the port of departure of the Hainan Free Trade Port. EB/OL. https://www.chinanews.com.cn/cj/2021/04-07/9449690.shtml. Accessed 24 Jan 2022
Hainan Free Trade Port Official Website (2022) In 2021, a total of 420 ships with 217,500 tons of bonded oil were filled in Hainan. EB/OL http://hnftp.gov.cn/xwzx/ywsd/202201/t20220113_3128847.html. Accessed 7 Feb 2022
Hainan Provincial Bureau of Statistics (2022) Statistical Bulletin of National Economic and Social Development of Hainan Province in 2021.EB/OL. http://stats.hainan.gov.cn/tjj/tjgb/fzgb/n_83486/202202/t20220222_3146080.html. Accessed 22 Feb 2022
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Liu, J. (2024). Development and Prospect of Logistics in Hainan Free Trade Port. In: Li, X., Wu, X., Liu, B., Wang, L., Liu, J. (eds) Contemporary Logistics in China. Current Chinese Economic Report Series. Springer, Singapore. https://doi.org/10.1007/978-981-99-6248-8_11
Download citation
DOI: https://doi.org/10.1007/978-981-99-6248-8_11
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-99-6247-1
Online ISBN: 978-981-99-6248-8
eBook Packages: Business and ManagementBusiness and Management (R0)