Page 462 - 2019 White Paper on the Business Environment in China
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9 White Paper on the Business Environment in China
Fig 11 Rapidly developing tourist industry in Hainan
Source: Wind
Exploring the development of a free trade port with General Plan for China (Hainan) Pilot Free
Chinese characteristics. Develop Hainan Free Trade Port Trade Zone
into a port with Chinese characteristics, in line with
the province’s development orientation and based On September 24, 2018, the State Council approved
on the international practices. Ensure it focus on the the proposal of establishing China (Hainan) Pilot Free
development of tourism, modern services and high-tech Trade Zone (the “HNFTZ”) and issued the General Plan for
sectors, instead of intermediary trade and processing China (Hainan) Pilot Free Trade Zone (the “Plan”).
and manufacturing. Improve the “single window” and
other information platforms for international trade. Take The Plan indicates the launch of the HNFTZ is a
active efforts to attract foreign investment, advanced major decision made by the Central Committee of
technologies and management experience to invite the CPC and the State Council upon in-depth study,
investors worldwide to participate in developing the free overall consideration and scientific planning, with a
trade port. focus on international and domestic development
situations. It is a major initiative that manifests China’s
Service Guidelines for Examination and decision of deepening opening-up and actively pushing
Approval and Archival Filing of Foreign- forward economic globalization. The Hainan Provincial
invested Projects Government should comprehensively carry out the
spirit of the 19th National Congress of the CPC and the
On August 28, 2018, the Hainan Development and Second and Third Plenary Sessions of the 19th Central
Reform Commission issued Service Guidelines for Committee, follow the guidance of Xi Jinping Thought
Examination and Approval and Archival Filing of Foreign- on Socialism with Chinese Characteristics for a New
invested Projects, to introduce high-level market-oriented Era, center on institutional innovation, grant greater
and facilitate investment policies, fully implement the autonomy in reform, carry out bold pilot programs and
pre-establishment national treatment and the negative blaze new trails, conduct reform independently, deepen
list management system for foreign investments and to reforms to streamline administration, delegate more
delegate the examination and approval and archival filing powers, improve regulation and provide better services.
rights to cities, towns and counties. It is necessary to optimize accelerate the formation of
462
Fig 11 Rapidly developing tourist industry in Hainan
Source: Wind
Exploring the development of a free trade port with General Plan for China (Hainan) Pilot Free
Chinese characteristics. Develop Hainan Free Trade Port Trade Zone
into a port with Chinese characteristics, in line with
the province’s development orientation and based On September 24, 2018, the State Council approved
on the international practices. Ensure it focus on the the proposal of establishing China (Hainan) Pilot Free
development of tourism, modern services and high-tech Trade Zone (the “HNFTZ”) and issued the General Plan for
sectors, instead of intermediary trade and processing China (Hainan) Pilot Free Trade Zone (the “Plan”).
and manufacturing. Improve the “single window” and
other information platforms for international trade. Take The Plan indicates the launch of the HNFTZ is a
active efforts to attract foreign investment, advanced major decision made by the Central Committee of
technologies and management experience to invite the CPC and the State Council upon in-depth study,
investors worldwide to participate in developing the free overall consideration and scientific planning, with a
trade port. focus on international and domestic development
situations. It is a major initiative that manifests China’s
Service Guidelines for Examination and decision of deepening opening-up and actively pushing
Approval and Archival Filing of Foreign- forward economic globalization. The Hainan Provincial
invested Projects Government should comprehensively carry out the
spirit of the 19th National Congress of the CPC and the
On August 28, 2018, the Hainan Development and Second and Third Plenary Sessions of the 19th Central
Reform Commission issued Service Guidelines for Committee, follow the guidance of Xi Jinping Thought
Examination and Approval and Archival Filing of Foreign- on Socialism with Chinese Characteristics for a New
invested Projects, to introduce high-level market-oriented Era, center on institutional innovation, grant greater
and facilitate investment policies, fully implement the autonomy in reform, carry out bold pilot programs and
pre-establishment national treatment and the negative blaze new trails, conduct reform independently, deepen
list management system for foreign investments and to reforms to streamline administration, delegate more
delegate the examination and approval and archival filing powers, improve regulation and provide better services.
rights to cities, towns and counties. It is necessary to optimize accelerate the formation of
462
