Hainan gears up for full customs launch, with zero tariffs on most imports
Update: 2025-10-15
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Hainan Province in southern China is set to launch island-wide independent customs operations, introducing zero tariffs on 74% of imports - a major milestone during the 14th Five-Year Plan period (01:05 ). China's consumer prices stabilized in September, with core inflation hitting a 19-month high, driven by strong consumer and industrial demand (36:25 ). And the U.S. government shutdown is impacting the economy, with federal layoffs, flight disruptions, and closures of major tourist attractions (21:12 ).
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