Core Insights - The Hainan Free Trade Port is showcasing its achievements and future prospects in service trade, digital trade, industrial innovation, and policy openness at the 2025 China International Service Trade Fair [2] Group 1: Policy and Economic Impact - The Hainan Free Trade Port was officially established with the release of the overall construction plan in 2020 and the enactment of the Hainan Free Trade Port Law in 2021, which has led to increased foreign trade [2] - As of now, 176 countries and regions have invested in Hainan, with the province's economic openness increasing from 17.3% in 2018 to 35% in 2024, and both goods and service trade growing at an annual rate exceeding 20% [2] - The actual foreign investment in Hainan has seen an annual growth rate of 36% [2] Group 2: Tax Incentives and Infrastructure Development - From January 1, 2020, to December 31, 2027, enterprises registered and operating in encouraged industries within the Hainan Free Trade Port will benefit from a reduced corporate income tax rate of 15%, subject to specific conditions [3] - Hainan has established international communication infrastructure, including the commercial operation of the Hainan-Hong Kong international submarine cable, and is accelerating the construction of additional cables to Southeast Asia [3] Group 3: Regional Development and Support Services - The Haikou Jiangdong New District has developed 107,000 square meters of rental housing, over five international schools, and a 15-minute basic medical service circle, along with dedicated services for enterprises [4] - Currently, 43 Fortune 500 companies have established a presence in Haikou Jiangdong New District [4] Group 4: Future Developments and Opportunities - The full island closure of the Hainan Free Trade Port is set to officially start on December 18, which marks a new beginning for the port's construction [5] - Post-closure, Hainan will implement various policies to enhance its openness, including tax policies for imported goods and customs supervision measures [5] - Hainan aims to become a new high ground for China's open economy by 2035, facilitating trade, investment, cross-border capital flow, personnel movement, transportation, and data security [4][5]
176个国家和地区投资、外向度跃升至35%,海南自由贸易港建设提速
Bei Jing Shang Bao·2025-09-10 13:37