SCIO briefing on master plan for Hainan Free Trade Port
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E-mail China.org.cn, June 11, 2020
Second, we are committed to adhering to a high-level opening up policies. To attract global investors to invest in Hainan, we will pay more attention to introducing foreign capital and overseas talents, and fully implementing the policies of the free trade port. We will give full play to integrated institutional innovation. The high-standard and high-quality construction of Hainan Free Trade Port requires us to liberate our minds at the systemic grassroots level, and constantly innovate and reform. Of course, we will not launch a policy until it becomes mature, so that we can develop on a steady and sustained course through constant efforts, because the policies of the entire free trade port should form a complete, science-based and efficient whole. We will focus on trade and investment liberalization and facilitation, and set up various systems in an integrated manner, rather than dealing from a single perspective . These systems will include the management system as well as laws and regulations. In particular, it will help to address the relationship between easy access and tight regulation, promote the free flow of production factors and prevent or mitigate various risks, so as to achieve a high level of openness, and make Hainan Free Trade Port a leading light in China's reform and opening up. We will always give top priority to the interests of the people. Building a free trade port will bring a sense of happiness and gain to 9.4 million people in Hainan, as well as the entire national population. Therefore, when constructing the relevant urban and rural systems, especially when we aim for a moderately prosperous society in all respects this year, Hainan must ensure nobody is left behind. We should make investors feel that, through this process, they are here in Hainan to share the dividends of Hainan Free Trade Port.
Third, everything we undertake will fully adhere to bottom-line thinking, and doing a good job in preventing and controlling various risks. We will draw on lessons from the ups and downs experienced by Hainan in the past, uphold the premise that "any regulatory streamlining can only serve its purpose when supported by enhanced compliance oversight," and strengthen the awareness of risk prevention and mitigation. We will carry out science-based anticipation, targeted response, and proper management and control, so as to prevent and mitigate risks in trade and investment, personnel entry and exit, capital flow, ecology, and public health, and put the construction of the free trade port on a stable and sustained course.
Dear friends, Hainan Free Trade Port invites global investors and all kinds of talents to invest and operate business, actively participate in its construction, and share the development opportunities and fruits of China's reform and opening up. Thank you.
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