Page 128 - 2021 Special Report
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process supervision will be established to realize Hainan Province has one state-level eco-
free and convenient trade, free and convenient nomic development zone: Hainan Yangpu
investments, free and convenient cross-border Economic Development Zone.
flow of capital, free and convenient access for
people and free and convenient transportation, Hainan Yangpu Economic Develop-
as well as secure and orderly flow of data. The ment Zone
business environment will be optimized, laws
and regulations will be improved, risk prevention The Yangpu Economic Development Zone is a
and control systems will be more rigorous, and state-level development zone established under a
modern social governance will be enhanced, with bonded area policy approved by the State Council in
Hainan becoming a new highlight of China's open 1992. The zone is located on the Yangpu Peninsula
economy. in northwestern Hainan, with an area of 31 square
kilometers. In 2007, the State Council approved the
On 9 October 2020, the General Office of Hainan establishment of the Yangpu Bonded Port with an
Provincial Party Committee and the General Office area of 9.2063 square kilometers. In July 2012, upon
of Hainan Provincial People's Government issued the approval of the State Council, the location of ad-
the “Hainan Free Trade Port System Integration joining development zone parcels was adjusted. In
Innovation Action Plan (2020-2022)”. The goal of October 2013, upon the approval of the Hainan Pro-
the plan is to (i) promote all-round, large-scale and vincial Party Committee and the Hainan Provincial
high-level institutional integration and innovation, People’s Government, the organizational system of
and (ii) initially establish an efficient and complete Sandu Town in Danzhou was put under the jurisdic-
system of laws and regulations, an internationally tion of Yangpu. The planned area for the Yangpu
competitive fiscal and tax system, an efficient Economic Development Zone is 120 square kilome-
flow of people, logistics, capital and information, ters with a population of 100,000. The Yangpu Eco-
and a secure risk prevention and control system nomic Development Zone is to develop into a "one
in accordance with free and convenient trade, port and three bases", i.e., "a shipping hub port, a
free and convenient investment, free and petrochemical base, an integrated pulp-paper pro-
convenient cross-border flow of capital, free and duction base and an oil and gas reserve base orient-
convenient access for people, free and convenient ed to southeast Asia". Yangpu’s industrial develop-
transportation, and secure and orderly flow of data. ment strategy is to seize the strategic opportunities
The business environment and social governance of the “Maritime Silk Road” and “Free Trade Zone”
level should be close to the first-class level in China. and focus on building two platforms, i.e., an export
Market players should grow substantially, industrial processing base for petrochemical products and
competitiveness should be significantly enhanced, an international energy trading center oriented to
and the quality and efficiency of economic southeast Asia.
development should be significantly improved, so
as to better attract investors and outstanding talent On 8 January 2020, the Yangpu Committee of
from all over the world to invest and do business in Industry of the Communist Party of China and the
Hainan. Office of Yangpu Economic Development Zone
Management Committee issued the "Ten Measures
In the first three quarters of 2020, Hainan's for Improving Customs Clearance Efficiency of Yangpu
GDP totaled 384.131 billion RMB, representing an Economic Development Zone". In order to speed up
increase of 1.1% compared with last year, calculated the formation of a market-oriented, law-based and
at comparable prices. By industry, the added value internationalized port business environment, the
of primary industries was 80.611 billion RMB, up Yangpu Economic Development Zone introduced 10
1.9%; The added value of secondary industries was measures to improve the efficiency of port customs
73.448 billion RMB, down 1.5%. The added value of clearance, such as paperless customs clearance
tertiary industries was 230.072 billion RMB, up 1.7%. within process of goods clearance, "7×24 hours" pre-
clearance at the port, upright declaration of health
quarantine for entry and exit ships, fast passage and
zero waiting for vessel piloting.
128
free and convenient trade, free and convenient nomic development zone: Hainan Yangpu
investments, free and convenient cross-border Economic Development Zone.
flow of capital, free and convenient access for
people and free and convenient transportation, Hainan Yangpu Economic Develop-
as well as secure and orderly flow of data. The ment Zone
business environment will be optimized, laws
and regulations will be improved, risk prevention The Yangpu Economic Development Zone is a
and control systems will be more rigorous, and state-level development zone established under a
modern social governance will be enhanced, with bonded area policy approved by the State Council in
Hainan becoming a new highlight of China's open 1992. The zone is located on the Yangpu Peninsula
economy. in northwestern Hainan, with an area of 31 square
kilometers. In 2007, the State Council approved the
On 9 October 2020, the General Office of Hainan establishment of the Yangpu Bonded Port with an
Provincial Party Committee and the General Office area of 9.2063 square kilometers. In July 2012, upon
of Hainan Provincial People's Government issued the approval of the State Council, the location of ad-
the “Hainan Free Trade Port System Integration joining development zone parcels was adjusted. In
Innovation Action Plan (2020-2022)”. The goal of October 2013, upon the approval of the Hainan Pro-
the plan is to (i) promote all-round, large-scale and vincial Party Committee and the Hainan Provincial
high-level institutional integration and innovation, People’s Government, the organizational system of
and (ii) initially establish an efficient and complete Sandu Town in Danzhou was put under the jurisdic-
system of laws and regulations, an internationally tion of Yangpu. The planned area for the Yangpu
competitive fiscal and tax system, an efficient Economic Development Zone is 120 square kilome-
flow of people, logistics, capital and information, ters with a population of 100,000. The Yangpu Eco-
and a secure risk prevention and control system nomic Development Zone is to develop into a "one
in accordance with free and convenient trade, port and three bases", i.e., "a shipping hub port, a
free and convenient investment, free and petrochemical base, an integrated pulp-paper pro-
convenient cross-border flow of capital, free and duction base and an oil and gas reserve base orient-
convenient access for people, free and convenient ed to southeast Asia". Yangpu’s industrial develop-
transportation, and secure and orderly flow of data. ment strategy is to seize the strategic opportunities
The business environment and social governance of the “Maritime Silk Road” and “Free Trade Zone”
level should be close to the first-class level in China. and focus on building two platforms, i.e., an export
Market players should grow substantially, industrial processing base for petrochemical products and
competitiveness should be significantly enhanced, an international energy trading center oriented to
and the quality and efficiency of economic southeast Asia.
development should be significantly improved, so
as to better attract investors and outstanding talent On 8 January 2020, the Yangpu Committee of
from all over the world to invest and do business in Industry of the Communist Party of China and the
Hainan. Office of Yangpu Economic Development Zone
Management Committee issued the "Ten Measures
In the first three quarters of 2020, Hainan's for Improving Customs Clearance Efficiency of Yangpu
GDP totaled 384.131 billion RMB, representing an Economic Development Zone". In order to speed up
increase of 1.1% compared with last year, calculated the formation of a market-oriented, law-based and
at comparable prices. By industry, the added value internationalized port business environment, the
of primary industries was 80.611 billion RMB, up Yangpu Economic Development Zone introduced 10
1.9%; The added value of secondary industries was measures to improve the efficiency of port customs
73.448 billion RMB, down 1.5%. The added value of clearance, such as paperless customs clearance
tertiary industries was 230.072 billion RMB, up 1.7%. within process of goods clearance, "7×24 hours" pre-
clearance at the port, upright declaration of health
quarantine for entry and exit ships, fast passage and
zero waiting for vessel piloting.
128
