Page 106 - 2019 Special Report on the State of Business in South China
P. 106
Fig 11 Rapidly developing tourist industry in Hainan
Source: Wind
Exploring the development of a free trade port with General Plan for China (Hainan) Pilot
Chinese characteristics. Develop Hainan Free Trade Port
into a port with Chinese characteristics, in line with Free Trade Zone
the province’s development orientation and based
on the international practices. Ensure it focus on the On September 24, 2018, the State Council approved
development of tourism, modern services and high-tech the proposal of establishing China (Hainan) Pilot Free
sectors, instead of intermediary trade and processing Trade Zone (the “HNFTZ”) and issued the General Plan for
and manufacturing. Improve the “single window” and China (Hainan) Pilot Free Trade Zone (the “Plan”).
other information platforms for international trade. Take
active efforts to attract foreign investment, advanced The Plan indicates the launch of the HNFTZ is a
technologies and management experience to invite major decision made by the Central Committee of
investors worldwide to participate in developing the free the CPC and the State Council upon in-depth study,
trade port. overall consideration and scientific planning, with a
focus on international and domestic development
Service Guidelines for Examination and situations. It is a major initiative that manifests China’s
Approval and Archival Filing of Foreign- decision of deepening opening-up and actively pushing
invested Projects forward economic globalization. The Hainan Provincial
Government should comprehensively carry out the
On August 28, 2018, the Hainan Development and spirit of the 19th National Congress of the CPC and the
Reform Commission issued Service Guidelines for Second and Third Plenary Sessions of the 19th Central
Examination and Approval and Archival Filing of Foreign- Committee, follow the guidance of Xi Jinping Thought
invested Projects, to introduce high-level market-oriented on Socialism with Chinese Characteristics for a New
and facilitate investment policies, fully implement the Era, center on institutional innovation, grant greater
pre-establishment national treatment and the negative autonomy in reform, carry out bold pilot programs and
list management system for foreign investments and to blaze new trails, conduct reform independently, deepen
delegate the examination and approval and archival filing reforms to streamline administration, delegate more
rights to cities, towns and counties. powers, improve regulation and provide better services.
106
Source: Wind
Exploring the development of a free trade port with General Plan for China (Hainan) Pilot
Chinese characteristics. Develop Hainan Free Trade Port
into a port with Chinese characteristics, in line with Free Trade Zone
the province’s development orientation and based
on the international practices. Ensure it focus on the On September 24, 2018, the State Council approved
development of tourism, modern services and high-tech the proposal of establishing China (Hainan) Pilot Free
sectors, instead of intermediary trade and processing Trade Zone (the “HNFTZ”) and issued the General Plan for
and manufacturing. Improve the “single window” and China (Hainan) Pilot Free Trade Zone (the “Plan”).
other information platforms for international trade. Take
active efforts to attract foreign investment, advanced The Plan indicates the launch of the HNFTZ is a
technologies and management experience to invite major decision made by the Central Committee of
investors worldwide to participate in developing the free the CPC and the State Council upon in-depth study,
trade port. overall consideration and scientific planning, with a
focus on international and domestic development
Service Guidelines for Examination and situations. It is a major initiative that manifests China’s
Approval and Archival Filing of Foreign- decision of deepening opening-up and actively pushing
invested Projects forward economic globalization. The Hainan Provincial
Government should comprehensively carry out the
On August 28, 2018, the Hainan Development and spirit of the 19th National Congress of the CPC and the
Reform Commission issued Service Guidelines for Second and Third Plenary Sessions of the 19th Central
Examination and Approval and Archival Filing of Foreign- Committee, follow the guidance of Xi Jinping Thought
invested Projects, to introduce high-level market-oriented on Socialism with Chinese Characteristics for a New
and facilitate investment policies, fully implement the Era, center on institutional innovation, grant greater
pre-establishment national treatment and the negative autonomy in reform, carry out bold pilot programs and
list management system for foreign investments and to blaze new trails, conduct reform independently, deepen
delegate the examination and approval and archival filing reforms to streamline administration, delegate more
rights to cities, towns and counties. powers, improve regulation and provide better services.
106
