Name: WEF president: Hainan special customs launch unsurprising in China's opening-up drive
Uploaded: 2026-01-24T18:45:59+08:00
Duration: 2 min 6 s
Description: Borge Brende, president of the World Economic Forum (WEF), said the new special customs operation in the Hainan Free Trade Port comes as no surprise, as it represents a major milestone in China's high-level opening-up, a process that has already brought

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02:07

Borge Brende, president of the World Economic Forum (WEF), said the new special customs operation in the Hainan Free Trade Port comes as no surprise, as it represents a major milestone in China's high-level opening-up, a process that has already brought dramatic improvements to the country.

China launched island-wide special customs operations in the Hainan Free Trade Port (FTP), the world's largest FTP by area in December 2025, allowing freer entry of overseas goods, expanded zero-tariff coverage and more business-friendly measures.

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