CHINA Xi stresses high-quality, high-standard construction of Hainan free trade port

CHINA

Xi stresses high-quality, high-standard construction of Hainan free trade port

Xinhua

15:57, June 01, 2020

微信图片_20200602084500.jpg

Photo: Aerial photo taken on April 4, 2020 shows the Sanya international duty-free shopping complex in Sanya, south China's Hainan Province. /Xinhua

BEIJING, June 1 (Xinhua) -- President Xi Jinping has underlined the importance of high quality and high standards of construction in the Hainan free trade port, while prioritizing the innovation of institutional integration in the process of building the port.
Building Hainan free trade port is a significant strategic decision to push forward the innovation and development of socialism with Chinese characteristics, and a matter of great importance in the progress of China's reform and opening up in the new era, said Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, in an official instruction.
Xi stressed the importance of sticking to the leadership of the CPC and to the system of socialism with Chinese characteristics, aligning with high-standard international economic and trade rules, promoting the smooth flow of production factors and building Hainan into a high-quality free trade port with high standards.
He said that the innovation of institutional integration would be prioritized to free people's minds to make bold innovations and ensure enduring progress.
Xi urged the local government of Hainan to act boldly and proactively to accomplish the goal of laying a solid foundation for the construction of the Hainan free trade port, while central authorities should support Hainan's daring reforms and innovation, pushing for new achievements in the construction of the port.
China is aiming to establish a set of free trade port policies focusing on trade and investment facilitation across the whole island of Hainan by 2025, building an economy with a new height of openness by 2035 and a high-level free trade port of global influence by the middle of the century.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue