Support Hainan to explore the construction of free trade port with Chinese characteristics

 Support Hainan to explore the construction of free trade port with Chinese characteristics

This speech came from general secretary Xi Jinpings speech at the 30th Anniversary Conference of the Hainan Special Economic Zone in April 13, 2018.

The free trade port is a special area which is located outside the customs of a country (region), where goods and capital personnel are free to enter and leave, and most goods are exempt from customs duties. It is a special economic functional area with the highest level of opening up in the world. The proposal of the goal of building a free trade port with Chinese characteristics is an important measure based on the successful practice of the pilot Free Trade Zone in China. It shows that China adopts the highest global standard to build a new pattern of opening up, and explores the experience for the formation of a highly market-oriented, international, legal and modern system.

Recently, at the critical moment of the opening of the free trade port in Hainan, general secretary Xi Jinping made important instructions to put the system integration and innovation in a prominent position, emancipate the mind and innovate boldly. General secretary Xi Jinping himself planned, personally deployed and personally promoted, pointing out the direction for the construction of Hainan free trade port.

The construction of Hainan free trade port is of great practical and strategic significance. In the process of going to the center of the world stage, China is facing various undercurrents and challenges such as anti globalization. To do our own work well and continue to deepen reform and expand opening-up is the right choice for us to meet the challenges. Hainan free trade port promotes deeper reform by testing a higher level of opening-up policy, which is conducive to building a first-class business environment, creating a high-level open platform, leading Chinas high-quality economic development, and contributing to the stability of the world economy.