Page 126 - 2021 Special Report
P. 126
- In terms of access to credit and guarantee, science and technology insurance, loan
improvement of financing environment, in key discount interest and other science and technology
industries such as tourism, modern service and financial products that meet the needs of high-tech
high and new technology, explore the model enterprises in the province, to provide credit and
of industrial chain guarantee loans that protect financing guarantee and other financial services for
the small and weak, so as to improve the level high-tech enterprises.
of financial services and alleviate the financial
difficulties of enterprises. Special economic zones
- In terms of cross-border trade, improve the China (Hainan) Pilot FreeTrade Zone
construction of a "single window" for international
trade in Hainan, strengthen the construction and On 13 April 2018, General Secretary Xi Jinping
application of port logistics coordination systems, announced at a gathering celebrating the 30th
and enhance the facilitation level of cross-border anniversary of the founding of Hainan Province and
trade. the Hainan Special Economic Zone that the CPC
Central Committee had decided to support Hainan
Hainan Policies for Supporting the Devel- in developing the island into a pilot free trade zone.
opment of High-tech Enterprises (Trial)
On 3 June 2018, a press conference for the
In order to accelerate the implementation of the Haikou Jiangdong New District of China (Hainan)
"Master Plan for the construction of Hainan Free Pilot Free Trade Zone was held in Haikou,
Trade Port", expedite introduction and cultivation of announcing the selection of Haikou Jiangdong New
high-tech enterprises, and promote the high-quality District as a key pioneer area for the construction
development of high-tech industries in Hainan of the China (Hainan) Pilot Free Trade Zone and a
Province, the People's Government of Hainan centralized exhibition area for the China (Hainan)
Province issued the "Hainan Policies for Supporting Pilot Free Trade Zone. Haikou Jiangdong New
the Development of High-tech Enterprises (Trial)" District is located to the east of Haikou, with a total
on October 24, 2020. The Hainan policies include: area of 298 square kilometers. It is divided into an
eastern ecological function area and a western area
- Supporting high-tech enterprises to enjoy integrating industry and urban facilities.
the Hainan Free Trade port policy. Raw materials,
auxiliary materials and equipment needed by On 1 June 2020 the Central Committee of the
high-tech enterprises for scientific research and CPC and the State Council issued the “Master Plan
production shall be included in the "positive list" for the Construction of the Hainan Free Trade Port”.
or not included in the "negative list" and enjoy the It indicated that by 2025, a free trade port policy
"zero tariff" policy. and institutional system will be established and will
focus on the liberalization and facilitation of trade
- Implementing various kinds of rewards. and investments. The overall business environment
Rewarding new and high technology enterprises will be brought to the first-class level in China, the
for increasing R&D investments, new and high number of market entities will be substantially
technology enterprises for introducing new and increased, industrial competitiveness will be
high technology enterprises, and encouraging new significantly improved, powerful and effective risk
and high technology enterprises to actively apply prevention and control mechanisms will be in place,
for Hainan key industry support and rewards. laws and regulations will be gradually perfected to
adapt to the construction of a free trade port, and
- Increase financial support for high-tech the quality and efficiency of economic development
enterprises, make full use of existing financial will be markedly enhanced. By 2035, the free trade
support policies, rely on banking financial port system and operation mode will be more
institutions and government financing guarantee mature. Trade and investment rules characterized
institutions to innovate and develop science and by freedom, fairness, rule of law and high-level
technology loan insurance capital pool, financing
126
improvement of financing environment, in key discount interest and other science and technology
industries such as tourism, modern service and financial products that meet the needs of high-tech
high and new technology, explore the model enterprises in the province, to provide credit and
of industrial chain guarantee loans that protect financing guarantee and other financial services for
the small and weak, so as to improve the level high-tech enterprises.
of financial services and alleviate the financial
difficulties of enterprises. Special economic zones
- In terms of cross-border trade, improve the China (Hainan) Pilot FreeTrade Zone
construction of a "single window" for international
trade in Hainan, strengthen the construction and On 13 April 2018, General Secretary Xi Jinping
application of port logistics coordination systems, announced at a gathering celebrating the 30th
and enhance the facilitation level of cross-border anniversary of the founding of Hainan Province and
trade. the Hainan Special Economic Zone that the CPC
Central Committee had decided to support Hainan
Hainan Policies for Supporting the Devel- in developing the island into a pilot free trade zone.
opment of High-tech Enterprises (Trial)
On 3 June 2018, a press conference for the
In order to accelerate the implementation of the Haikou Jiangdong New District of China (Hainan)
"Master Plan for the construction of Hainan Free Pilot Free Trade Zone was held in Haikou,
Trade Port", expedite introduction and cultivation of announcing the selection of Haikou Jiangdong New
high-tech enterprises, and promote the high-quality District as a key pioneer area for the construction
development of high-tech industries in Hainan of the China (Hainan) Pilot Free Trade Zone and a
Province, the People's Government of Hainan centralized exhibition area for the China (Hainan)
Province issued the "Hainan Policies for Supporting Pilot Free Trade Zone. Haikou Jiangdong New
the Development of High-tech Enterprises (Trial)" District is located to the east of Haikou, with a total
on October 24, 2020. The Hainan policies include: area of 298 square kilometers. It is divided into an
eastern ecological function area and a western area
- Supporting high-tech enterprises to enjoy integrating industry and urban facilities.
the Hainan Free Trade port policy. Raw materials,
auxiliary materials and equipment needed by On 1 June 2020 the Central Committee of the
high-tech enterprises for scientific research and CPC and the State Council issued the “Master Plan
production shall be included in the "positive list" for the Construction of the Hainan Free Trade Port”.
or not included in the "negative list" and enjoy the It indicated that by 2025, a free trade port policy
"zero tariff" policy. and institutional system will be established and will
focus on the liberalization and facilitation of trade
- Implementing various kinds of rewards. and investments. The overall business environment
Rewarding new and high technology enterprises will be brought to the first-class level in China, the
for increasing R&D investments, new and high number of market entities will be substantially
technology enterprises for introducing new and increased, industrial competitiveness will be
high technology enterprises, and encouraging new significantly improved, powerful and effective risk
and high technology enterprises to actively apply prevention and control mechanisms will be in place,
for Hainan key industry support and rewards. laws and regulations will be gradually perfected to
adapt to the construction of a free trade port, and
- Increase financial support for high-tech the quality and efficiency of economic development
enterprises, make full use of existing financial will be markedly enhanced. By 2035, the free trade
support policies, rely on banking financial port system and operation mode will be more
institutions and government financing guarantee mature. Trade and investment rules characterized
institutions to innovate and develop science and by freedom, fairness, rule of law and high-level
technology loan insurance capital pool, financing
126
