Page 132 - 2021 Special Report
P. 132
medical institutions, and promote the healthy Summary
development of medical institutions.
The Hainan Free Trade Zone is committed
As of September 2019, there were 16 projects to (i) improving the level of investment and
under construction, including 9 medical institutions, trade facilitation, (ii) expanding the opening up
to develop a more comprehensive medical system of the financial sector, and (iii) accelerating the
with an initial focus on practice operations, cancer creation of a convenient business environment
prevention and control, assisted reproduction, through the "separation of licenses and licenses"
medical beauty and stem cell research. Industrial reform, relaxing credit and trade restrictions,
concentration has been preliminarily achieved developing high-tech technology and supporting
through these projects. Moreover, 51 academics industry funds, guiding the digital transformation
and experts were introduced with work focusing on of enterprises, and creating a networked and
new drugs, equipment and technology (with more intelligent digital industry. Hainan Province focuses
than 10 first applications in the domestic market). on supporting the development of the agriculture,
These projects led to preliminary realization of medical care, tourism and leisure industries,
medical technology, equipment and drugs at encouraging foreign investment, establishing
an internationally advanced level, known as the electronic ports, supporting private enterprises
" three simultaneous advances", and promoted to develop financial services, and building a high-
development of the international health tourism tech agricultural demonstration zone and a leading
and high-end medical service industry. international medical tourism zone in Boao.

China (Haikou) Cross-border E-commerce
Comprehensive Pilot Zone

In August 2018, the State Council issued
the “Official Reply of the State Council on
Approving Proposed Cross-border E-commerce
Comprehensive Pilot Zones in 22 Cities Including
Beijing”, approving the establishment of the China
(Haikou) Cross-border E-commerce Comprehensive
Pilot Zone.

On 30 December 2018, the People’s
Government of Hainan Province released the
“Implementation Plan of the China (Haikou) Cross-
Border E-Commerce Comprehensive Pilot Zone”
(the “Plan”). According to the Plan, through three
to five years of practical exploration, Hainan
will strive to generate from the China (Haikou)
Cross-Border E-Commerce Comprehensive Pilot
Zone a new format and model for cross-border
e-commerce with "online integration + cross-
border trade + integrated services" as the main
characteristics and "logistics clearance channels
+ cross-border e-commerce + integrated service
supervision information system + financial value-
added services" as the core competitiveness, with
integration of “board", "tax", "foreign exchange",
"business", "goods", "connection” and online "cross-
border e-commerce integrated service supervision"
platforms into the "Integrated Park" platform.

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