Create the unique advantages of Hainan Free Trade Port's business environment


2022-01-14: [Article Link] The unique advantages of building a business environment at the Hainan Free Trade Port Investigative Studies No. 2 of 2022 (6516) Abstract: The greatest advantage of the future Hainan Free Trade Port is the “high free and convenient” business environment, which allows for a free and convenient gathering of high-quality global factors of production, free and easy investment in trade by leading global enterprises and the creation of the highest level of openness. The unique advantages of a “highly free and convenient” business environment in the South China Free Trade Port require not only the filling of gaps in “high convenience” but also the building of a “high freedom” board, suggesting a clear focus for recent reforms in the areas of marketization, facilitation, internationalization and rule of law. Marketization focuses on the continuous liberalization of market access and the acceleration of institutional convergence innovations to open the way for a “highly liberal” business environment; facilitation focuses on an advanced system of indicators, both domestic and foreign, to reach the national level as soon as possible; internationalization requires continuous refinement of the “Five Free and Secure and Ordered Mobility” reform road map, highlighting new demands for digital trade and actively seeking early harvests; and rule of law focuses on accelerating the construction of a regulatory system for self-trade ports to create conditions for legal innovation in a “highly liberal and convenient” business environment. Keywords: Hainan Free Trade Port


Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.






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Create the unique advantages of Hainan Free Trade Port's business environment


2022-01-14: [Article Link] The unique advantages of building a business environment at the Hainan Free Trade Port Investigative Studies No. 2 of 2022 (6516) Abstract: The greatest advantage of the future Hainan Free Trade Port is the “high free and convenient” business environment, which allows for a free and convenient gathering of high-quality global factors of production, free and easy investment in trade by leading global enterprises and the creation of the highest level of openness. The unique advantages of a “highly free and convenient” business environment in the South China Free Trade Port require not only the filling of gaps in “high convenience” but also the building of a “high freedom” board, suggesting a clear focus for recent reforms in the areas of marketization, facilitation, internationalization and rule of law. Marketization focuses on the continuous liberalization of market access and the acceleration of institutional convergence innovations to open the way for a “highly liberal” business environment; facilitation focuses on an advanced system of indicators, both domestic and foreign, to reach the national level as soon as possible; internationalization requires continuous refinement of the “Five Free and Secure and Ordered Mobility” reform road map, highlighting new demands for digital trade and actively seeking early harvests; and rule of law focuses on accelerating the construction of a regulatory system for self-trade ports to create conditions for legal innovation in a “highly liberal and convenient” business environment. Keywords: Hainan Free Trade Port

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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