Battery cabinet 47U for wind power generation in Hainan Free Trade Port data center

4 FAQs about Battery cabinet 47U for wind power generation in Hainan Free Trade Port data center

Why is Hainan free trade port important?

"We will strive to build the Hainan Free Trade Port into an important gateway leading China's opening up in the new era, contributing to the sustained development of the Chinese economy as well as injecting stability and certainty into the world economy," said Yuan, assistant minister of commerce. ■

Will Hainan become China's premier gateway for global trade?

The government will continue refining policies to enhance openness and build Hainan into China's premier gateway for global trade.

Will Hainan become a free-trade zone?

In April 2018, China announced a decision to develop Hainan into a pilot free-trade zone while gradually exploring and steadily promoting the establishment of an FTP with Chinese characteristics. In June 2020, a master plan was unveiled to build the island into a globally influential and high-level FTP by the middle of the century.

What is the Hainan FTP's island-wide independent customs operation?

"The island-wide independent customs operation is a flagship move for the development of the Hainan FTP and a key measure to further expand opening-up," Wang said, calling it "a milestone" in China's opening-up efforts.

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