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With a zero-tariff system fundamentally in place after the independent customs operation, high-quality global resources can flow into Hainan with greater freedom and efficiency, Wu said. Trade liberalization and facilitation are defining features of a free trade port.
On June 10, 2021, the 29th meeting of the Standing Committee of the 13th National People's Congress passed the Hainan Free Trade Port Law of the People's Republic of China, which determined to establish and improve the Hainan Free Trade Port customs supervision special zone system with closed-off customs operations on the entire island.
As a key initiative in China's opening-up strategy, the Hainan Free Trade Port is set to begin independent customs operations by year end, and global enterprises are eyeing the vast opportunities that come with open trade. [Photo/Xinhua]
South China’s tropical island province of Hainan is intensifying efforts to establish itself as a high-level free trade port (FTP) by 2025. Key plans were outlined in a government work report presented during the annual session of the Hainan Provincial People’s Congress on Tuesday.
Lightning Protection Systems are not only one of the most expensive infrastructure components of a building, but is also one of the least understood. In the United States, most industry and the government facilities are protected by NFPA 780 Standard for the Installation of Lightning Protection Systems.
Of course, during thunderstorms, many people seek shelter. Unsurprisingly, buildings and other structures are more likely to be struck. To safeguard people and property from lightning-related hazards, NFPA 780-2020 standardizes the installation of lightning protection systems.
rd for the Installation of Lightning Protection Systems2020NFPA® codes, standards, recommended practices, and guides (“NFPA Standards”), of which the document contained herein is one, are developed through a consensus standards development
The ultimate goal is safe haven, security of investment, and elimination of potential system downtime in opposition to one of nature’s most destructive events. The Standards in the United States for complete lightning protection systems include NFPA 780, UL 96 & 96A, and LPI 175 & 177.