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  • Island-wide special customs operations of Hainan FTP represents China’s stance against protectionism: expert

    Island-wide special customs operations of Hainan FTP represents China’s stance against protectionism: expert

    Huang, head of the Chinese Academy of Macroeconomic Research, made the remarks during the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.

    The Thursday launch marks a major milestone in the opening-up drive of the world’s second-largest economy. This move sends a tangible message to the world: China has made a significant decision to open up further, Huang said.

    It also aims to set a benchmark for higher-level opening-up, inject new momentum into upholding multilateralism and free trade, and foster inclusive and universally beneficial economic globalization, according to Huang.

    “It is a strategic move to align with high-standard international economic and trade rules and steadily expand institutional opening-up,” Huang noted. “This provides an important platform for China to better adapt to and utilize international economic and trade rules while actively participating in their formulation.”

    Huang believes that China’s economy has transitioned from rapid growth to high-quality development and is now at a critical stage of transforming growth model, optimizing economic structure, and shifting growth drivers.

    As a key testing ground for reform in China, Hainan shoulders the important mission of paving new paths and accumulating fresh experience for building a high-standard socialist market economy, particularly in key areas such as trade and investment, fiscal and financial systems, and government regulation, Huang added.

  • Hainan FTP to see diversified, high-quality growth after special customs operations: expert

    Hainan FTP to see diversified, high-quality growth after special customs operations: expert

    Huang, head of the Chinese Academy of Macroeconomic Research, made the remarks in the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.

    During the talk show, Huang highlighted several landmark policies, noting that the share of tariff lines covered by zero-tariff treatment at the Hainan Free Trade Port (FTP) will rise to roughly 70 percent, alongside optimized rules that allow duty-free treatment for value-added processing.

    According to Huang, the measures are expected to significantly reduce operating costs for industries such as pharmaceuticals and high-end manufacturing, encourage industrial clustering, and accelerate the development of emerging sectors, including offshore wind power and commercial space.

    Meanwhile, expanded duty-free shopping options for travelers and improved purchasing policies for island residents are expected to further stimulate local consumption, Huang noted.

    Favorable tax policies are also central to the new economic landscape of Hainan FTP. “Preferential income tax rates will attract more companies and skilled workers, creating higher-quality jobs and reinforcing a virtuous cycle between industry development, talent inflows and economic growth,” Huang added.

    Beyond the island, the launch of island-wide special customs operations is expected to reshape regional development patterns by easing barriers to the movement of goods, capital, and other factors of production, Huang believes. “Hainan will integrate more closely with surrounding regions, fostering coordinated development across southern China.”

    At the national level, Huang described the move as a key step in China’s shift from an opening-up model focused on the flow of goods and other factors to one centered on institutional opening-up.

    Hainan is expected to align more closely with high-standard international economic and trade rules, including those governing cross-border data flows and intellectual property protection, Huang said, adding that successful institutional innovations could be replicated nationwide.

    “Launched against a backdrop of rising protectionism and headwinds to globalization, the special customs operations could provide international investors and traders a more stable and predictable institutional environment,” said Huang.

  • Special customs operations promise broad gains for businesses, residents in Hainan FTP: official

    Special customs operations promise broad gains for businesses, residents in Hainan FTP: official

    Wang Fengli, deputy director of the Office of the Free Trade Port Working Committee of the Communist Party of China Hainan Provincial Committee, made the remarks in the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.

    Following the launch, the Hainan FTP will see a sharp rise in its level of zero-tariff treatment, said Wang. The number of tariff lines eligible for zero tariffs will expand from about 1,900 to around 6,600, lifting the overall zero-tariff ratio from 21 to 74 percent.

    Beyond zero tariffs, lower tax rates form another major policy advantage of the Hainan FTP, Wang said, noting that companies can benefit from multiple policies across different stages of production and operation.

    He cited the example of a biopharmaceutical company. During the construction and research phase, imported raw materials and equipment can qualify for zero tariffs, reducing import costs by 5 to 10 percent. In manufacturing, products made with zero-tariff imported inputs and meeting a value-added ratio of 30 percent or more can be shipped to the Chinese mainland free of import duties.

    Once profitable, the company can also benefit from a preferential corporate income tax rate of 15 percent, while its executives and technical staff may qualify for a 15 percent personal income tax rate, the official said.

    Taken together, these measures offer companies opportunities for development across the entire industrial chain, Wang said.

    Local residents will also see tangible benefits after the launch of special customs operations, the official added. One key change is access to a wider range of duty-free goods.

    Authorities are studying tax policies for imported goods consumed by island residents, with plans to introduce a positive-list system that would allow residents to purchase selected imported products duty-free, according to Wang.

    “Increased opportunities for international exchanges and cooperation are expected to make work and daily life on the island more convenient and diverse,” said the official.

  • Spiro expands rider training to address electric motorcycle safety concerns

    Spiro expands rider training to address electric motorcycle safety concerns

    The company acknowledged that the issues have caused significant financial losses and reputational strain, prompting it to intensify engagement with riders and the wider public. The matter was discussed during a media briefing held on Tuesday, December 16, 2025.

    One of the most common concerns raised by riders involves the perceived failure of brakes on Spiro motorcycles, a situation that some fear could lead to accidents. However, Spiro says the problem is largely linked to limited familiarity with the design and operation of electric motorcycles.

    Spiro Rwanda’s Deputy Plant Manager, Dieudonné Mbuguje, explained that the motorcycles are equipped with three braking mechanisms, unlike conventional petrol-powered bikes. In addition to the front and rear brakes, Spiro motorcycles also feature an engine braking system that cuts power to the rear motor.

    According to Dieudonné, some riders have been disconnecting small sensor-linked components that regulate power flow to the motor, often unknowingly compromising the braking system in the process.

    “When these sensors are disconnected, riders are left relying only on the conventional brakes, and the engine brake can no longer cut power to the motor when needed,” he said, noting that this can create the impression of brake failure.

    Spiro says it has expanded its rider training programme in Rwanda as it moves to address safety concerns that have recently surfaced around the use of its bikes, particularly complaints related to braking systems.

    To address the problem, Spiro is expanding its training programme beyond initial onboarding. The company said it has rolled out refresher tutorials across its service centres, battery swap stations and offices, while also circulating training videos through riders’ WhatsApp groups.

    “We are introducing electric motorcycles into an environment where driving licences are issued for conventional bikes,” Dieudonné said. “That means riders need additional knowledge to operate electric motorcycles safely. We are now going beyond basic riding lessons to ensure users fully understand how these bikes work.”

    {{Low prices, not low quality
    }}

    Spiro has also responded to criticism, suggesting that the relatively low price of its motorcycles reflects poor quality. The company insists that its pricing strategy is designed to support ownership rather than rental among riders.

    Shanton Ngabire, Spiro’s Head of Commercial, said the company deliberately keeps prices low to enable riders to own their motorcycles, aligning with government efforts to promote electric mobility.

    “Most conventional motorcycles are expensive, forcing many riders to work for years paying off bikes owned by others,” he said. “Our goal is to help riders own their motorcycles and work for themselves.”

    He added that a promotional offer introduced in November last year was intended to accelerate adoption of electric motorcycles. While the promotion later drew complaints from customers who experienced delays in receiving their bikes, Spiro says the issue has since been resolved and all outstanding orders have been fulfilled.

    {{Battery concerns addressed
    }}

    Some riders have also reported concerns about battery performance, including claims that motorcycles lose power quickly or stop unexpectedly while in motion.

    Spiro Rwanda’s Country Lead, Arunkumar Bhandari, said the batteries are designed to last up to five years, but acknowledged that the company is still refining its systems, having operated in Rwanda for less than three years.

    He said batteries that develop faults are removed from the system and replaced at no cost to riders, noting that Spiro retains ownership of all batteries to ensure consistent quality and safety.

    Spiro Rwanda’s Country Lead, Arunkumar Bhandari, said the batteries are designed to last up to five years, but acknowledged that the company is still refining its systems, having operated in Rwanda for less than three years.
    Spiro Rwanda’s Deputy Plant Manager, Dieudonné Mbuguje, explained that the motorcycles are equipped with three braking mechanisms, unlike conventional petrol-powered bikes.
  • Hainan FTP’s special customs operations underscore China’s firm commitment to high-standard opening up

    Hainan FTP’s special customs operations underscore China’s firm commitment to high-standard opening up

    In the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, guest speakers shared insights into the significance of the Hainan FTP and its upcoming special customs operations.

    “Accelerating the development of free trade ports is a concrete move to show the world that China’s door to opening up will not be closed, but will only open wider,” said Huang Hanquan, head of the Chinese Academy of Macroeconomic Research under the National Development and Reform Commission.

    “The launch of island-wide special customs operations reflects China’s resolve to address external uncertainties with the certainty of expanded high-standard opening up, injecting new vitality into both the Chinese economy and global growth,” Huang said.

    Located in China’s southernmost island province, the Hainan FTP is the country’s largest special economic zone and a key testing ground for deepening reform and opening up. Under the special customs operations, the Hainan FTP will implement a supervision model featuring “freer access at the first line, regulated access at the second line, and free flows within the island.”

    The “first line,” linking Hainan with overseas markets, will allow most imported goods to enter tariff-free with faster clearance, while the “second line,” referring to the customs boundary between Hainan and the mainland, will apply standard customs oversight to ensure fairness and prevent smuggling.

    Starting Thursday, the share of zero-tariff products in the Hainan FTP will surge from 21 percent to 74 percent, with the number of tariff-free items expanding from about 1,900 to 6,637, covering nearly all production equipment and raw materials.

    {{POLICY BENEFITS}}

    “Island-wide special customs operations will bring a more open trade environment and a more efficient allocation of production factors, creating major development opportunities,” said Xue Zengyi, senior vice chairman of CP Group Agro-industry & Food Business, China Area.

    Xue illustrated the impact with a simple calculation: the group’s coffee business will benefit from the free trade port’s zero-tariff policy on raw and auxiliary materials, reducing import costs by 8 percent in tariffs and 13 percent in value-added tax on green coffee beans, significantly lowering raw material expenses.

    One of the earliest foreign-invested enterprises to establish a presence in Hainan, CP Group has operated in the province for nearly four decades. Starting with agriculture and animal husbandry, it has expanded into seven sectors, including aquaculture and coffee, and now runs 13 enterprises with a total investment of 2 billion yuan (about 283.4 million U.S. dollars).

    The launch of island-wide special customs operations marks a milestone in the development of the Hainan FTP, with a raft of preferential policies expected to deliver tangible gains for businesses and residents in Hainan.

    Huang said that the preferential tax policies will significantly reduce operating costs in sectors such as pharmaceuticals and high-end manufacturing, help attract industrial clustering, and spur the development of emerging industries, including offshore wind power and commercial spaceflight.

    For Hainan residents, the expanded range of offshore duty-free goods and optimized shopping policies are expected to invigorate the local consumer market. Hainan’s distinctive development models are also set to spur a new wave of growth in modern service sectors such as healthcare and education, Huang added.

    As part of efforts to advance the construction of the Hainan FTP, China earlier this year improved the island’s offshore duty-free shopping policies, including measures to broaden the scope of eligible duty-free goods. Since the policy took effect on Nov. 1, offshore duty-free sales have exceeded 1.5 billion yuan.

    {{INSTITUTIONAL OPENING UP}}

    “Island-wide special customs operations mark a new starting point for the opening up and development of the Hainan FTP, rather than the finish line,” Huang said. He added that China will gradually expand opening-up at the “first line,” further ease trade administration, and work to build a special customs supervision zone with international competitiveness and influence.

    Hainan will align itself with high-standard international economic and trade rules in areas such as cross-border data flows and intellectual property protection. The institutional innovations accumulated in the process can be replicated nationwide, helping propel deeper domestic reforms, said Huang.

    In terms of industry and investment, Hainan’s policy advantages are expected to attract global capital into sectors such as tourism and education, while fostering a trade model linking raw materials from Southeast Asia, processing in Hainan, and distribution in the mainland, positioning the island as a hub connecting domestic and international markets and helping optimize China’s overall trade network.

    In the financial sector, improvements to the multi-functional free trade account system will broaden channels for cross-border financing and investment, facilitating the entry of foreign capital into the Chinese market and supporting outbound investment by domestic firms. This will help diversify China’s approaches to both utilizing foreign investment and investing abroad, Huang added.

    Official data show that since 2020, more than 9,600 foreign-invested enterprises have been newly established in Hainan, with investors from 176 countries and regions. With the launch of island-wide special customs operations, Hainan is expected to strengthen further its role as a headquarters base for overseas companies entering the Chinese market.

    In recent years, Hainan’s foreign trade has demonstrated strong growth momentum. In 2024, the total volume of Hainan’s goods imports and exports reached 277.65 billion yuan — up 20 percent year on year and nearly 200 percent compared to 2020.

    Xue said that while CP Group continues to deepen its presence in the Hainan market through product innovation and expanded investment, it will also make full use of the advantages of the Hainan FTP to bring Hainan’s distinctive agricultural products to international markets.

  • Syria and six more countries added to Trump’s expanded US travel ban

    Syria and six more countries added to Trump’s expanded US travel ban

    Under the updated order, nationals from Burkina Faso, Mali, Niger, South Sudan, Syria, Laos, and Sierra Leone will be barred from entering the United States unless they qualify for specific exemptions.

    The new proclamation also includes people traveling with Palestinian Authority–issued travel documents.

    The White House explained that the expanded travel ban targets countries with “persistent and severe deficiencies” in vetting, screening, and information‑sharing that officials say pose national security and public safety risks.

    Syria, long affected by conflict and governance challenges, is one of the most notable additions to the list, reflecting ongoing concerns about the country’s ability to provide reliable documentation or cooperate with U.S. security processes.

    This policy builds on a broader set of restrictions that already applied to several other nations earlier in 2025. Under prior proclamations, dozens of countries had faced either full or partial limitations on visas and entry to the United States. The latest expansion increases the number of affected countries to nearly 40 when including both full bans and partial restrictions.

    The administration has defended the expanded travel ban as a necessary step to safeguard the American public, citing gaps in international vetting systems and recent security incidents.

    Among the examples referenced by officials is a shooting involving an Afghan national, which they say demonstrated vulnerabilities in the current screening process.

    The announcement has triggered a range of reactions. Supporters of the policy say it is essential to protect U.S. borders and prevent terrorism or criminal threats, while critics argue that the ban could harm diplomatic relationships, disrupt travel and education, and unfairly impact families and students from the affected countries. Civil liberties organizations have also described parts of the policy as discriminatory.

    Despite the broad restrictions, exceptions remain. Foreign nationals who already hold valid U.S. visas or lawful permanent residency are generally exempt from the ban. Diplomatic travelers, certain categories of workers, and individuals whose entry is deemed in the national interest may also qualify for waivers or exemptions.

    The new travel restrictions will become effective at 12:01 a.m. on January  1, 2026, and consular officers, as well as border authorities, are preparing to implement the expanded policy in the coming weeks.

    President Donald Trump, on December 16,  2025, signed a proclamation that broadens the United States’ travel ban to include seven additional countries, with the restrictions set to take effect on January  1,  2026.
  • Venezuela denounces U.S. threat of naval blockade

    Venezuela denounces U.S. threat of naval blockade

    In a statement, the Venezuelan government said U.S. President Donald Trump had issued what it called a “grave and reckless threat” against the country, claiming that it violated international law, free trade and freedom of navigation.

    Trump claimed Venezuela’s oil, land and mineral resources as U.S. property and demanded their immediate surrender, while seeking to impose a naval blockade aimed at “robbing the nation of its natural wealth,” it added.

    Venezuela reaffirmed its sovereignty over its natural resources and its right to free navigation and commerce in the Caribbean Sea and international waters, it said, adding that it would act in strict accordance with the UN Charter and international law.

    In response to the threat, Venezuela’s permanent representative to the United Nations would immediately file a formal complaint.

    Calling on the U.S. public and the international community to reject the threat, the statement said Venezuela would never return to a colonial status and would continue defending its independence and sovereignty.

    Trump said on Tuesday that he has ordered a total blockade of all sanctioned oil tankers traveling to and from Venezuela, escalating a months-long pressure campaign against Venezuelan President Nicolas Maduro.

    In response, Venezuelan Vice President Delcy Rodriguez said that any U.S. attempts to block sanctioned oil tankers entering or leaving Venezuela constitute a violation of international law

  • Many Burundian soldiers withdraw from eastern DRC

    Many Burundian soldiers withdraw from eastern DRC

    Sources say a significant number of Burundian soldiers who had been deployed in parts of the Rusizi plain on the South Kivu side returned to Burundi over the past two weeks after being overwhelmed by AFC/M23 forces.

    Other Burundian troops are reported to have fled to different areas of South Kivu, including the city of Baraka in Fizi territory and the Itombwe forest, according to information obtained by IGIHE.

    The largest remaining concentration of Burundian soldiers is said to be around Minembwe commune, which connects the territories of Uvira, Fizi and Mwenga. The troops have for a long time blocked routes used by members of the Banyamulenge community to access markets and health facilities.

    SOS Médias reported that on the night of December 15 to 16, 2025, many Burundian soldiers crossed Lake Tanganyika from Baraka and Mboko, arriving at a military port in Rumonge.

    AFC/M23 recently entered the Mboko centre as it continued pushing southwards, forcing back a coalition of DRC government forces whose presence had reportedly compromised civilian security. The city of Baraka remained the last major objective in the area.

    As AFC/M23 took control of additional locations along Lake Tanganyika, escape routes for Burundian troops were increasingly cut off, after land routes through the Rusizi plain had already been closed.

    On Tuesday morning, six trucks were deployed at the port to transport the soldiers to Bujumbura, with witnesses noting visible signs of fatigue among them.

    Burundi is estimated to have deployed nearly 20,000 troops to South Kivu province to help the Congolese army battle M23 rebels. While the exact number of soldiers who have withdrawn is not yet known, sources say they number in the thousands.

    AFC/M23 coordinator Corneille Nangaa announced late on Monday that his fighters would withdraw from Uvira in the interest of ongoing mediation efforts but warned rival forces against re-entering the city. It remains unclear whether Burundian troops will continue their withdrawal following the announcement.

    Sources say a significant number of Burundian soldiers who had been deployed in parts of the Rusizi plain on the South Kivu side returned to Burundi over the past two weeks after being overwhelmed by AFC/M23 forces.
  • Rwandan youth weigh in on their role in governance at the Seventh Youth Policy Dialogue (Video)

    Rwandan youth weigh in on their role in governance at the Seventh Youth Policy Dialogue (Video)

    The event’s focus was on empowering the youth to take an active role in governance, aligning with Rwanda’s Second National Strategy for Transformation, which highlights the critical importance of youth in decision-making and leadership.

    With the theme, “Our Voice, Our Participation, Right Now,” the dialogue emphasised youth engagement not only as a governance priority but also as a fundamental human right.

    Organised by Citizen Voice and Actions Rwanda, the event brought together a diverse group of youth leaders, including students, entrepreneurs, and civil society representatives, to discuss the role of youth in governance and explore strategies for greater involvement in national development.

    The dialogue also focused on the significance of youth participation in shaping Rwanda’s future.

    As Rwanda continues its journey of transformation, the 7th Youth Policy Dialogue stands out as a pivotal platform for amplifying the voices of young people in governance and leadership.

    The dialogue underscored that youth participation is not just a governance priority, but a human right.

    Participants, including students and entrepreneurs, shared experiences, discussed challenges, and proposed solutions for fostering national development. Interviews with attendees revealed a shared passion for taking immediate action and ensuring inclusivity, especially bridging the gap between urban and rural youth.

    The dialogue underscored that youth participation is not just a governance priority, but a human right.

    The dialogue also focused on the significance of youth participation in shaping Rwanda’s future. With youth aged 16 to 30 making up 27% of the population, attendees stressed that this demographic represents the backbone of the nation.

    Real-world examples of youth leadership illustrated the tangible impact being made. Najimah Umutoni, a student at Kepler College, shared her initiative to establish “girls’ rooms” in Kigali high schools, providing private spaces for female students dealing with health issues.

    “I initiated the girls’ room project after realising that many high schools lacked such spaces, and now many schools have adopted the idea,” she shared.

    Robeni Mawuwa, the executive director of an organisation focused on youth empowerment, highlighted youth-led civil society organisations that empower women and teen mothers.

    “Our work focuses on uplifting vulnerable groups, especially women and young mothers,” she noted.

    Salama Umutoni, a social entrepreneur in agriculture, stressed her commitment to employing fellow youth and aligning her work with national policies. “Whenever I create employment opportunities, I prioritise hiring youth,” she said.

    The dialogue provided valuable lessons that participants are eager to implement in their work. Many attendees spoke about Rwanda’s abundant opportunities, such as a peaceful environment, youth platforms, and freedoms, which are sometimes taken for granted.

    Najimah emphasised the importance of staying active and starting small. “I’ve learned that I don’t have to wait for big opportunities. I can start small, even on platforms like LinkedIn,” she said. Robeni focused on bridging the participation gap between rural and urban youth, while Samiri advocated for meaningful engagement in policy implementation for the benefit of future generations.

    The event ended with powerful messages to inspire hesitant youth. Salama urged young people to think beyond themselves: “Think about your peers and future generations. What kind of world do you want to create for them?”

    Robeni challenged the narrative that youth are the leaders of tomorrow: “We are not the future leaders of tomorrow. We are the leaders of today,” she stated.

    Najimah encouraged youth to take action, regardless of the obstacles: “Don’t let negativity hold you back. Believe in yourself, work hard, and you can achieve anything.”

    The 7th Youth Policy Dialogue reaffirmed Rwanda’s commitment to youth empowerment and demonstrated how active participation today can help build a more inclusive and prosperous tomorrow for the nation and beyond.

  • Services, industry drive Rwanda’s 11.8% economic growth in Q3 2025

    Services, industry drive Rwanda’s 11.8% economic growth in Q3 2025

    NISR said Gross Domestic Product (GDP) at current market prices was estimated at Frw 5,53 trillion in Q3 2025, up from Frw 4,66 trillion recorded in the same period last year. The expansion marks a continued acceleration in growth, following increases of 7.8% in the second quarter and 6.5% in the first quarter of 2025.

    “In the third quarter of 2025, GDP grew by 11.8 per cent following the growth of 7.8 per cent in Q2 and 6.5 per cent in Q1,” NISR Director General Ivan Murenzi told members of the press in Kigali on Tuesday, December 16, 2025.

    Services remained the backbone of the economy, accounting for 57% of GDP, while industry contributed 22% and agriculture 15%. Net direct taxes made up the remaining 6%.

    Sectoral data show that industry was the fastest-growing sector, expanding by 17%, followed by services at 10% and agriculture at 10%.

    Within agriculture, growth was underpinned by a strong rebound in export crops, which increased by 35%. This was largely driven by a 32% rise in coffee harvests and a 100% increase in tea production. Food crop production also returned to growth, rising by 4%, compared with a 10% contraction in the same quarter of 2024.

    The industrial sector posted broad-based gains. Mining and quarrying grew by 14%, with quarrying expanding by 20%, while mining rose by 2%. Construction activity surged by 20%, reflecting sustained infrastructure development, while manufacturing grew by 14%.

    Manufacturing growth was led by a 44% increase in non-metal products, mainly cement, alongside a 28% rise in metal products and 25% growth in chemical products, including paints and soaps. Food processing expanded by 12%.

    Services growth was anchored in trade and transport. Wholesale and retail trade increased by 20%, while transport services grew by 9%, supported by a 10% rise in land transportation. Information and communication services expanded by 17%, and financial services grew by 10%. However, hotels and restaurants contracted by 3%, reflecting continued pressures in the hospitality segment. Public administration services increased by 7%, education services by 5%, while health services declined by 16%.

    The Special Economic Zone in Masoro, Kigali. Rwanda’s economy recorded robust growth in the third quarter of 2025, expanding by 11.8%, driven largely by strong performance in the services and industry sectors.
    NISR Director General Ivan Murenzi addressed the press in Kigali on Tuesday, December 16, 2025.
    Minister of Finance and Economic Planning Yusuf Murangwa at the press conference.