At least 3,308 companies engaged in foreign trade registered with the Yecheng Customs Office in the southern Chinese province of Hainan from January to April. This was reported by the Haikou Daily newspaper.
According to the paper, 3,277 of these companies are located directly in Haikou (the administrative center of the region).
As noted in the article, the customs authorities have significantly improved the procedures for receiving, processing and reviewing applications in recent years, created a one-stop shop system, shortened the list of required documents and increased the number of operations that can be done remotely through the website of the agency.
The customs office began providing advisory services to businesses and launched a mechanism for exchanging information with enterprises. The agency responds to 12,000 inquiries per year.
In June 2020, China published a program that will turn Hainan province into a special customs zone. The Chinese government expects to complete the free port by 2025, at which point the island should have a free trade and investment system in place.