HAIKOU, April 13 -- Chinese President Xi Jinping Friday announced a decision to develop the island of Hainan into a pilot free trade zone.
"Here I solemnly announce that the Communist Party of China Central Committee has decided to support Hainan in developing the whole island into a pilot free trade zone, and gradually exploring and steadily promoting the establishment of a free trade port with Chinese characteristics," Xi said.
Policies and institutional systems for building a free trade port in Hainan will be established "step by step and stage by stage," Xi said at a gathering celebrating the 30th anniversary of the founding of Hainan Province and the Hainan Special Economic Zone.
Hainan will be China's largest free trade zone enjoying higher-level opening-up policies. It will also be the country's first free trade port since the founding of New China.
Calling the decision a major move, Xi said it highlighted the country's resolution of further opening-up and promoting economic globalization.
In developing the island into a pilot free trade zone, Hainan will be granted more autonomy to reform, and speed up the fostering of a law-based, international, and convenient business environment as well as a fair, open, unified, and efficient market environment.
The pilot free trade zone will implement high-level trade and investment liberalization and facilitation policies, and overseas businesses there will receive pre-establishment national treatment with a negative list management system, Xi said.
【国内英语资讯:Xinhua Headlines: China plans to build Hainan into pilot free trade zone】相关文章:
★ 世界各地喜迎新年
★ 全球氦气供应短缺
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15