SincethereleaseoftheHainanFreeTradePortOverallPlanin2020,themaritimesectorhasimplementedreformsandinnovationsininternationalshipregistration,includingintroducingtheHainanFreeTradePortInternationalShippingRegulationsandtheHainanFreeTradePortInternationalShipRegistrationProcedures.Theseinitiativeshaveattractednearly700newshippingentitiestoHainanandfacilitatedtheregistrationortransferof47vesselsundertheChinaYangpuPortflag,adding5.33milliondeadweighttonnageofinternationalshippingcapacity,whichplacesHainanamongtheleadingprovincesinChinaforshippingcapacitygrowth,accordingtotheHainanMaritimeSafetyAdministration.
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