What does Hainan customs clearance mean?

In 2025, Hainan Island will be closed to the whole island, that is, only goods will be sealed, not people.

Economic development is self-contained. In the future, goods from the mainland will be imported when they enter Hainan, and goods from Hainan will be exported when they leave Hainan and transported to the mainland. Foreign goods do not have to pay customs duties when they enter Hainan. This means that local residents in Hainan can buy duty-free goods at a lower price, but in principle they can't take them out of Hainan Island, otherwise they will have to pay customs duties.

The main purpose of customs clearance is to implement the trade supervision mode of first-line opening and second-line control. First-line opening refers to liberalizing the control of foreign capital entering the island. It will be more convenient and faster for foreign countries to enter China and Hainan and enjoy zero tariff preferential policies; This means that foreign goods will enter Hainan Island at a lower price. In this way, these goods will be sold at a lower price after entering the island, so the residents on the island will enjoy such benefits.