纽约商品交易所主席谈海南封关：决定自贸港竞争力的是政策的确定性

Core Viewpoint - The establishment of the Hainan Free Trade Port represents a significant institutional moment, emphasizing that future competitiveness will rely more on predictability, operational efficiency, transparency, and institutional credibility rather than merely on preferential policies [1] Group 1 - William Purpura, Chairman of the New York Mercantile Exchange, highlighted that the true determinants of competitiveness are not tax incentives but certainty, which reduces risk premiums and improves market liquidity [1] - The stability of policies and the uniform execution of rules in Hainan may be more crucial than introducing new incentive measures [1] - Hainan has the opportunity to align with international standards and demonstrate how a modern free trade port can operate confidently and steadily within a multilateral trading system [1]