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The special customs zone in Hainan has become popular among large companies


This was reported by the Chinese newspaper Haikou Zhibao.

According to the publication, there is now a dynamic development of several industries in the integrated bond zone on Hainan Island in Haikou city. In particular, the construction of a factory for processing medical semi-finished products was completed at the site.

The Kerry Haikou International Logistics Center has also started operating on the territory. In addition, bases for the maintenance of aircraft and aircraft engines are rapidly developing here, writes Haikou Zhibao.

According to journalists, many companies have already registered in the new logistics center. Businessmen use it to import duty-free goods to the island, which are in high demand among tourists. According to official data, customs turnover in the first quarter of 2024 increased almost threefold year-on-year and reached 343.5 million yuan.