Core Insights - The article highlights the robust development of Hainan's outward-oriented economy driven by institutional openness since 2020, with significant increases in foreign investment and trade activities [1][3]. Economic Growth Metrics - Hainan has attracted a total of 102.5 billion yuan in actual foreign investment since 2020, with an annual growth rate of 14.6% [1]. - The establishment of foreign enterprises in Hainan reached 8,098, growing at an annual rate of 43.7% [1]. - The province has seen an average annual growth of 31.3% in goods trade and 32.3% in service trade [1]. Policy Initiatives - The "Hainan Free Trade Port Construction Overall Plan" initiated on June 1, 2020, aims to enhance trade and investment liberalization and establish a high-level policy system [3]. - A key policy introduced is the tax exemption on processed goods for domestic sales, which has been implemented across Hainan, benefiting over 50 enterprises and covering various industries [3][4]. - The policy has resulted in a cumulative exemption of 810 million yuan in import tariffs, significantly promoting the development of Hainan's real economy [3]. Foreign Investment Environment - Hainan has implemented the shortest negative list for foreign investment in China, reducing the number of restrictions to 24 [5]. - The province has also initiated pilot projects for foreign-owned hospitals and stem cell technology, further enhancing its attractiveness to foreign investors [5]. Trade Facilitation Measures - Hainan has adopted a "one line open, one line controlled" policy to improve trade facilitation and has implemented a negative list management system for cross-border service trade [5]. - The province is actively aligning with high-standard trade agreements such as RCEP and DEPA, enhancing its international trade competitiveness [5][6]. Future Development Goals - Hainan aims to become a significant open portal for China, focusing on high-quality development and the establishment of a modern industrial system [6]. - The province is preparing for the next phase of reform and opening up post-closure, with plans to further develop its outward-oriented economy [6].
(活力中国调研行)制度型开放推动海南外向型经济蓬勃发展
Zhong Guo Xin Wen Wang·2025-09-23 05:07