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Hainan gears up for full customs launch, with zero tariffs on most imports

Hainan gears up for full customs launch, with zero tariffs on most imports

Hainan Province in s...

The Beijing Hour · podcastcp

October 15, 202559m 45s

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Show Notes

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).