Core Viewpoint - Hainan Province has introduced regulations to promote the development of the private economy, emphasizing institutional innovation and legal support for the role of the private sector in the Hainan Free Trade Port construction [1] Group 1: Regulatory Framework - The new regulations consist of 29 articles and will take effect immediately upon publication [1] - The regulations aim to address key challenges faced by the private economy, including high market entry barriers and restrictions on market competition [1] Group 2: Economic Impact - As of June, Hainan has 3.6044 million private business entities, accounting for 97.54% of all business entities in the province [1] - The private economy contributes nearly 60% of the province's GDP and approximately 90% of employment [1] Group 3: Government Role - The regulations clarify the division of responsibilities among government departments to better support the private economy [1]
海南民营经营主体超360万户
Ren Min Ri Bao·2025-08-05 19:12