Page 140 - 2020 Special Report on the State of Business in South China
P. 140
The Plan also proposes a series of innovative registration, with cumulative sales of
measures in favor of the development of Rmb23.12 billion.
e-commerce in Haikou:
Summary
- Innovative supervision mechanism for
cross-border e-commerce: Fully implement a The Hainan Free Trade Zone is committed
convenient customs clearance model, implement to (i) improving the level of investment and
the "authorization for listed companies, trade facilitation, (ii) expanding the opening up
centralized taxation" customs clearance model of the financial sector, and (iii) accelerating the
for cross-border e-commerce, optimize tax creation of a convenient business environment
management services, and provide cross-border through the "separation of licenses and licenses"
e-commerce with a suitable model that benefits reform, relaxing credit and trade restrictions,
business development. developing high-tech technology and supporting
industry funds, guiding the digital transformation
- Innovative financing services for cross-border of enterprises, and creating a networked and
e-commerce: Deepen the pilot of cross-border intelligent digital industry. Hainan Province focuses
e-commerce foreign exchange payment business, on supporting the development of the agriculture,
encourage third-party payment institutions to medical care, tourism and leisure industries,
centrally handle cross-border foreign exchange encouraging foreign investment, establishing
payment, settlement and sales for small and electronic ports, supporting private enterprises
medium-sized e-commerce businesses through to develop financial services, and building a high-
banks, allow opening of personal foreign exchange tech agricultural demonstration zone and a leading
settlement accounts for registered cross-border international medical tourism zone in Boao.
e-commerce entities and individuals; carry out
cross-border Renminbi business innovation and
encourage cross-border e-commerce entities to
use Renminbi-denominated payment, develop
cross-border e-commerce financial innovation
business and launch innovative Internet payment
products and services.

- Innovative logistics services for cross-border
e-commerce: Improve the level of cross-border
logistics informatization, build an interconnected
logistics intelligent information system and a
warehouse logistics network system by using
cloud computing, Internet of Things, big data and
other technologies, improve the specialization
level of cross-border logistics and support the
transformation of traditional storage enterprises
into distribution operation centers and specialized,
large-scale third-party logistics companies,
improve the internationalization level of cross-
border logistics, and encourage qualified business
logistics companies to "Go Global" to carry out
global business.

At present, there are 50 cross-border
e-commerce companies in the park, and well-
known domestic e-commerce companies such
as Vipshop and Terminal E have completed

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