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Since the Hainan Free Trade Port was officially established, various policy dividends have been rapidly released, leading to a robust development in trade import and export. As of the end of February 2026, the total value of Hainan Free Trade Port's goods trade reached 65.49 billion yuan, a year-on-year increase of 29.1%. The institutional advantages of the customs-based operation are continuously being transformed into driving forces for trade development, injecting new vitality into my country's opening up to the outside world.

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The customs-based operation is a significant milestone in the construction of the Hainan Free Trade Port and has laid a solid foundation for high-quality development of trade import and export. As the forefront of my country's opening up, the Hainan Free Trade Port, relying on its core policies of "zero tariffs, low tax rates, and simplified tax system," has significantly improved trade facilitation and promoted a steady increase in the scale of trade. In just over two months, the total value of trade has already approached 80% of the total for the entire year of 2018, the initial stage of the Hainan Free Trade Port's construction, demonstrating remarkable growth.

In terms of data, Hainan Free Trade Port's trade exhibits a favorable pattern of "high export growth and steady import growth." Since the customs closure, total exports reached 26.84 billion yuan, a year-on-year increase of 55.4%, while total imports reached 38.65 billion yuan, a year-on-year increase of 15.5%. Both imports and exports have contributed significantly, and the trade structure has continued to optimize. Private enterprises, as the main force in trade, contributed 75.2% of the total import and export value, a year-on-year increase of 45.3%, demonstrating their continued vitality.

To continuously unleash the potential of trade imports and exports, the Hainan Free Trade Port is constantly exploring new development paths. On the one hand, it is expanding the categories of imported goods and supporting the expansion of imports of fresh agricultural products such as durian and seafood; on the other hand, it is cultivating new forms of foreign trade, exploring the development of remanufacturing businesses in special customs supervision zones, promoting the development of distinctive industries such as aircraft maintenance and special medical foods, and enriching the content of trade imports and exports.

Established in March 1999, SUMEC International Technology Co. Ltd. is the core backbone of SUMEC Group Corporation, which is subordinate to China National Machinery Industry Corporation (Sinomach). Sinomach is one of the important state-owned backbone enterprises directly managed by the central government and ranked 284th in the world top 500 in 2021.
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