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Hainan free trade port underscores nation's resolve to open up more

Updated: Apr 20, 2022 chinadaily.com.cn Print
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For those who still doubt whether China will continue to carry out reform and opening-up to the outside world, they need to look at no other place than Hainan.

The central authorities decided to develop the island province into a pilot free trade zone in 2018, and in June 2020 unveiled a master plan to build it into a globally influential and high-level free trade port by the middle of this century.

Since then, Hainan has moved onto a fast track of high-quality and high-standard development, thanks mostly to a batch of preferential policies such as zero tariffs, duty-free shopping and easing market access for foreign investors.

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