Wednesday, March 23, 2016

FTA disclosure program has been reported in Hainan setting up multiple areas

FTA disclosure program has been reported in Hainan: setting up multiple areas, planned to include three sand

According to reports, infrastructure construction, Hainan Province has formed a "field" shaped Highway framework. Port construction "four-five Hong Kong" pattern. Oriental IC data

Hainan has also joined the Grand Army of the third instalment of the regional free trade area declared.

The morning of March 23, Government press conference held in Boao, Hainan Province, Hainan Provincial Committee, Deputy Governor Mao Chaofeng introduced Hainan in accordance with the "one" management mode, particularly relying on existing Pudong integrated bonded port area, a comprehensive free trade zone in Haikou and Sanya, three sand as the main body, has been declared to the national free trade zone.

"Especially after the Spring Festival this year, a State Council Executive meeting has been clearly established in Hainan Province as a pilot province for trade in services, which accelerate with us open, accelerating the development of modern service industry has brought a rare opportunity. "Mao Chaofeng said.

One expert involved in the pre-FTA study in Hainan surging on news (www.thepaper.CN) analysis, FTA Declaration of major areas in Hainan in Hainan Island, sand can contain three parts of regions, may be expanded in the future. The expert said, free trade zone in Hainan Islands duty-free shopping, main, Ocean industry development (resources, energy, seafood) industry. Deficit rate is 3 in Lou Jiwei guarantee key expenditures

According to the information coming out of Hainan declared an area of about 100 square kilometers of the FTA. Four mentioned Mao Chaofeng declared in the body integrated Yangpu bonded Harbor area is China's first port in South China, high degree of Haikou comprehensive conservation area are open under special customs supervision zones. It is not clear what areas will be included in Sanya and the three sand.

Three sand is one of the 4 cities in Hainan, set up in 2012. This year's "two sessions", CPPCC members proposed that sansha capital, yongxing island of the Xisha Islands to create the global registration of offshore companies.

Hainan's bid for one of the advantages of free trade, is the marine economy.

Mao Chaofeng presented at the press conference, in terms of industrial development, "Thirteen-Five" will highlight the marine strategy to vigorously develop marine economy and fostering the growth of marine tourism, marine fishery, marine, oil and gas industry, improve the ability of control and rights protection of ocean resources, towards 2020 marine production value reaching 180 billion yuan in the province.

This year's "two sessions" during the meeting, Liu Cigui, Governor of Hainan Province told the China economic weekly said, "the next 5 years, adhere to speed up economic development, Hainan province into ' along the way ' national strategy for the key. Seize strategic opportunities and comparative advantages, highlighting development priorities, to the sea quality, efficiency, growth, Hainan Province, is to start ' blue engine ' to the new dynamics of marine strong province. "

The end of 2014, it is in the State Oceanic Administration Chief Liu Cigui transferred to Hainan.

Apart from the FTA, China economic weekly report also mentions, also intends to actively strive for the establishment of State-level zone in Hainan Province, to build Hainan's opening up to new heights.

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