Haikou Integrated Free Trade Zone is the only integrated free trade zone in Hainan and one of the two special customs supervision areas, with the functions of port operation, logistics and processing. It is currently the key park with the highest level of opening-up and higher agglomeration degree of export-oriented economy in Hainan.
The park focuses on the industries such as bonded processing and manufacturing, bonded warehousing and logistics, cross-border e-commerce, imported motor vehicle trade, modern finance, bonded culture, R&D and design, testing and maintenance, etc.
The establishment of the Haikou Integrated Free Trade Zone was approved by the State Council. The park focuses on the development of high-tech industries such as medicine and medical facilities, low-carbon manufacturing, intelligence sensor and information technology, as well as the construction of a “manufacturing platform with high-tech as the core”and a “modern service platform with Internet and headquarters economy as the core”. It explores the implementation of pilot projects in the free trade zone to create an important export-oriented service trade park for Hainan's pilot service trade innovation and development. It covers an area of 1.93 square kilometers.
The park is close to the national first-class port - Haikou Macun Port and has achieved a total revenue of 48.4 billion yuan in 2019.