A free trade port is the world's most open form of economic zone, which has brought prosperity to places like Singapore and Hong Kong thanks to its broad-based preferential policies on trade and investment.
Hainan should focus on tourism, modern services, and high-tech sectors instead of intermediary trade and manufacturing, while efforts will be made to pilot more flexible policies and regulation mechanism to improve business environment, Xi pointed out.
Xi also encouraged Hainan to conduct multi-level and multi-field cooperation with countries and regions along the Belt and Road and facilitate exchanges in culture, education, agriculture, and tourism.
China welcomes investors worldwide to invest and start businesses in Hainan and participate in the building of a free trade port, thus sharing the country's development opportunities and outcomes of its reform, Xi said.
A PIONEER IN HIGH-QUALITY ECONOMIC DEVELOPMENT
Hainan should resolutely implement the new development concept to build a modernized economy and come to the forefront of promoting high-quality economic development, Xi pointed out.
The Chinese economy has transitioned from a phase of rapid growth into a stage of high-quality development, according to the 19th CPC National Congress.
The island should develop new-generation information technology and the digital economy and integrate the latest technologies like big data,Internet and artificial intelligence with the real economy, Xi said.
【国内英语资讯:China Focus: Hainan to take on bigger roles in reform, opening-up】相关文章:
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