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Hainan Free Trade Zone: Creating a new benchmark for reform and opening up

Hainan Free Trade Zone: Creating a new benchmark for reform and opening up
2018-11-26 04:11 Source: - Guangming Daily
Guangming Daily reporter Wang Xiaoying

On April 13, General Secretary Xi Jinping delivered an important speech at the 30th anniversary of the establishment of the special economic zone of Hainan Province. The Party Central Committee decided to support the construction of a free trade pilot zone on Hainan Island, support Hainan's gradual exploration and steadily promote the construction of a free trade port with Chinese characteristics, and endowed Hainan's unprecedented historical opportunities since the reform and opening up.

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On October 16, the "China (Hainan) Pilot Free Trade Zone Overall Plan" was officially released, marking the entry of the China (Hainan) Pilot Free Trade Zone into a substantive phase.

The person in charge of the Hainan Provincial Committee of the Free Trade Office said that over the past six months, Hainan has promoted the construction of the Pilot Free Trade Zone and promoted a good start. It has promoted a number of policy initiatives with mature conditions and strong demonstration effects, and the implementation of key projects. This hot land of Hainan is showing unprecedented charm and actively creating a new benchmark for reform and opening up.

The island is open:

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One policy followed

Before the establishment of the Hainan Pilot Free Trade Zone, after two expansions, China has 11 free trade pilot zones, forming an open pattern of coordination between the East, the West and the West. As the youngest free trade zone in China, Hainan's biggest feature is the “global” pilot. The existing 11 free trade pilot zones are all around 120 square kilometers, but the implementation scope of the Hainan Free Trade Zone is Hainan Island, a total of 35,400 square kilometers, and the whole island is open to the public.

The Hainan Free Trade Zone, which has been entrusted with heavy responsibilities, has received active support from the central government and various ministries and commissions from the very beginning, and a favorable policy has followed.

The Ministry of Commerce and Hainan have established a provincial cooperation mechanism for investment promotion. On July 13 this year, the Free Trade Pilot Zone and the Free Trade Port introduced foreign investment series of investment activities were held in London, England. On September 6th, Hainan Province introduced foreign investment in Beijing. The project meeting; the Ministry of Finance agreed that Hainan will gradually increase the duty-free shopping quota before implementing the free trade port policy, and include passengers on board the islands by the policy, and implement the same policy for residents on and off the island, and add duty-free shops; Since May 1 this year, the visa exemption policy for 59 countries has been implemented in Hainan. The Ministry of Transport has taken the lead in implementing the implementation plan of the Central Document No. 12 and proposed 26 specific policies; the Ministry of Culture and Tourism has agreed to invest in foreign investment in Hainan. Pilot establishment of operating performance brokerage agencies and performance venues for the examination and approval of the decentralization of Hainan.

On November 14, the Fifth Comprehensive Reform Committee of the Central Committee adopted five documents related to the core content of the Hainan Free Trade Pilot Zone and the construction of the China-specific Free Trade Port, including the Hainan Provincial Innovation-Driven Development Strategy Implementation Plan. The overall plan from the Hainan Free Trade Zone was less than one month.

Then, on November 15, the State Administration of Markets, the State Drug Administration, and the State Intellectual Property Office issued a number of "Opinions on Supporting the Construction of China (Hainan) Pilot Free Trade Zone," proposing support through six types of 24 measures. Construction of China (Hainan) Free Trade Zone.

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Increase in the field:

One pilot project is going well

Hainan Pilot Free Trade Zone has many pilot areas. On the basis of the pilot of the existing Pilot Free Trade Zone, Hainan has carried out pilot projects in the fields of ecological civilization, marine economy, military-civilian integration, etc., reflecting the development orientation of Hainan's “three districts and one center”. Complementary tests were formed with other free trade test areas.

The Hainan Provincial Party Committee and the Provincial Government have sorted out more than a dozen pilot projects and have made progress in stages.

On September 15, the head office of the People's Bank of China approved the construction of the Hainan Free Trade Account System and began to operate on January 1, 2019. This is the first time that the FT account has been extended to other free trade pilot zones since the pilot test in the Shanghai Pilot Free Trade Zone.

The "single window" of international trade has been smoothly promoted. At present, the basic functions of the "single window" of the port have been initially completed, and the declaration and supervision of import and export of general goods, the declaration and supervision of transportation vehicles (ships), the declaration and supervision of exempted inbound tour groups, Business functions such as import and export licensing application review, payment settlement, enterprise filing and information inquiry.

Hainan regards the health industry as a priority development industry in the Hainan Pilot Free Trade Zone. Boao Lecheng International Medical Tourism Pioneer Zone is the leading project of Hainan Construction Free Trade Zone and Free Trade Port. Now it is a busy scene, and the pilot service area comprehensive service center is taking The speed of the 3rd floor will rise to the ground. After completion, it will provide administrative services and services such as business, exhibition, warehousing and living for the entire park.

Hainan Rainforest National Park, which is also a pilot project for the construction of free trade zones and free trade ports, has been successfully launched. It will actively connect with the National Forestry and Grassland Bureau and accelerate the preparation of the Hainan Tropical Rainforest National Park Development Master Plan and special plans.

The Haikou Jiangdong New District, which will be built into the centralized display area of ​​the China (Hainan) Pilot Free Trade Zone, has been reviewed and approved by the Standing Committee of the Provincial Party Committee. At present, the Haikou Municipal Party Committee and the Municipal Government are working with the design units to improve and improve the science. Project planning, and strive to start a batch of projects before the end of the year.

Optimize the environment:

A family is coming

In the past few months, Hainan has vigorously promoted minimalist approvals, continuously optimized the business environment, and attracted many well-known domestic and foreign enterprises to sign up and set up a new wave of investment and development. From June to September this year, the province added 52,890 new market entities, an increase of 17.3%.

On November 13, Hainan Branch of Ernst & Young Hua Ming Certified Public Accountants (Special General Partnership), Hainan Branch of Ernst & Young (China) Enterprise Consulting Co., Ltd. and Hainan Branch of Ernst & Young Zhongheng Engineering Cost Consulting Co., Ltd. also opened in Haikou City.

In order to help the Hainan Free Trade Zone and the construction of a free trade port with Chinese characteristics, Hainan has taken the initiative to connect with Ernst & Young, PricewaterhouseCoopers, Deloitte and KPMG to provide a convenient location for its branch office in Hainan and its business. Hainan Branch of Ernst & Young Hua Ming Certified Public Accountants (Special General Partnership) has settled in Haikou in May this year.

On November 20th, Haikou Municipal People's Government, Haikou City Construction Investment Co., Ltd. and Harlow International Service Management Co., Ltd. officially signed a project cooperation agreement, which marked the Harrow Foreigners Children's School, Haro International (China) Reed School Officially settled in Haikou. The two schools are expected to officially start in September 2020.

According to statistics, a total of 16 central enterprises have signed a strategic cooperation agreement with Hainan, and 20 headquarters enterprises such as China Tourism Group and Datang Group International Trade Headquarters have settled in Hainan.

Shen Xiaoming, governor of Hainan Province, recently stressed at the provincial government party group meeting that the development and formulation of a policy and system for the wheel will be carried out, and the implementation of the decision-making arrangements will be carried out on one wheel. The two-wheel drive free trade zone and the construction of the free trade port will continue to accelerate. . At the same time, we must do a good job in the implementation of the overall program list of the free trade zone and the implementation of the division of responsibilities, and transform the task into projects of various government departments.