Saturday, December 5, 2020
Home Aviation China's Hainan free trade port opens first air freight route

China’s Hainan free trade port opens first air freight route

  • Hainan Free Trade Port launched on Nov 8 its first intercontinental air freight route as a first step to building a global air cargo network in Hainan province
  • The all-cargo flight loaded with 110 tonnes of goods departed from Haikou Meilan International Airport  for Amsterdam Airport Schiphol
  • A master plan to elevate Hainan FTP to an international free trade port by 2050 was released in June 2020

Haikou Meilan International Airport has recently opened its first international air cargo service

The Hainan Free Trade Port (Hainan FTP) in southern China’s Hainan Province launched its first intercontinental air freight route linking the provincial capital of Haikou with The Netherlands’ capital Amsterdam.

An all-cargo flight loaded with 110 tonnes of goods departed from Haikou Meilan International Airport for the Amsterdam Airport Schiphol on November 8.

This marks the first step of the province in building an international air cargo network and hub, according to a report from Xinhua News.

The outbound goods shipped by the flight consisted mainly of electronic products and general commodities, while the inbound goods were comprised of auto parts and e-commerce products.

The launch of the air cargo route was in support of Hainan free trade port’s vision to become an integrated service hub of the international supply chain under the Belt and Road Initiative, said the report.

Chinese authorities on June 1, 2020 released a master plan to build Hainan island into an international free trade port by 2050.

The plan will be rolled out in several stages and supported by a series of tax and legal system changes. The tax policy element is summarized in the master plan as consisting of “zero-tariffs, low tax rates, a simplified tax system, and an enhanced legal system.”

The construction of the Hainan free trade port has picked up steam since June despite the COVID-19 pandemic, according to a release from the Hainan International Economic Development Bureau last September.

So far, the FTP has landed a total of 94 major projects including 20 foreign-funded ones, covering sectors such as tourism, modern service and high-tech industries, it said.

Photo  by Anna Frodesiak

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

twelve − 8 =

- Advertisment -
PortCallsDirect

Most Popular

Empties stay weeks in depots despite global container shortage

Though badly needed, containers worldwide spend on average 45 days empty in depots In China and US, average stay is 61 and 66...

PH export plan to be revisited amid pandemic’s economic impact

• The Philippine Export Development Plan (PEDP) 2018-2022’s export targets undergoing a periodic review Proposed revisions to align with effects of pandemic and impact...

PAL offers free Antigen tests for Manila-GenSan passengers from Dec 7-17

Free Antigen testing for PAL passengers to General Santos from Dec 7 to 17 Travelers to GenSan must be at the Antigen testing...

EEI, two subcontractors fined for Skyway Extension mishap

The Department of Labor and Employment ordered Skyway Extension Project contractor EEI Corp. and two subcontractors to pay fines for violating several occupational...