Category: Hainan Province

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One year on, Hainan free trade port construction in full swing

Haikou, Hainan Province. Haikou is a core city for the construction of free trade port in Hainan Province (XINHUA)
Haikou, Hainan Province. Haikou is a core city for the construction of free trade port in Hainan Province (XINHUA)

Beijing Review | 13-Jun-2021 | Xinhua

A total of 11 key industrial parks are being developed into a demonstration zone for the construction of the Hainan free trade port (FTP). A batch of core policies have been implemented and market entities have been gathering since the parks were unveiled one year ago. Continue reading “One year on, Hainan free trade port construction in full swing”

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China Negative lists for services trade likely ready soon

A tourist shops at a duty-free store in Hainan province [China Daily-Meng Zhongde]
A tourist shops at a duty-free store in Hainan province [China Daily-Meng Zhongde]
China Daily | 05-Jun-2021 | By LIU ZHIHUA

China’s highly anticipated negative lists for cross-border trade in services are in the pipeline as the draft version for the Hainan Free Trade Port is currently undergoing processing for final release, according to experts familiar with the matter. As part of efforts to promote a higher level of opening-up and boost the services industry to optimize its economy, China plans to release the negative list for the Hainan FTP first, followed by versions covering pilot free trade zones as well as the entire nation, said Nie Pingxiang, deputy director of the Service Trade Institute under the Ministry of Commerce. Continue reading “China Negative lists for services trade likely ready soon”