关于海南封关：对《华尔街日报》点评的点评

Core Viewpoint - The commentary from The Wall Street Journal suggests that Hainan's customs closure represents a "Miami moment" for China, indicating a symbolic move towards greater openness with 6,600 tax items at zero tariffs and exemptions for processing and value-added goods, providing a low-cost entry point for global companies into the Chinese market. However, it is characterized as "selective openness," embedding China's standards into global trade rather than genuinely integrating into the Western-led free market system [3][5]. Group 1 - Hainan offers a low-cost platform for global trade with China but embeds Chinese standards, which diverges from the current global free market system [5][9]. - The Wall Street Journal's assertion that Hainan's customs closure is not a true "Miami moment" reflects skepticism about its potential to transform China's trade landscape [3][6]. - The Chinese government is using Hainan as a testing ground to gradually integrate into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), indicating a strategic approach to reform [6][9]. Group 2 - Hainan's new labor union regulations are similar to those in mainland China, with unions under the leadership of the Communist Party, which the Wall Street Journal views as a fundamental difference from independent labor organizations in Western countries [9]. - Key areas such as cross-border data flow, intellectual property protection, and state-owned enterprise subsidies in Hainan do not align with CPTPP standards, indicating limitations in its openness [9][10]. - As of October 2025, the cross-border settlement scale of Hainan's EF account is projected to reach 268.9 billion yuan, with cross-border financing accounting for 22%, suggesting a stronger-than-expected push for openness [11]. Group 3 - The significance of Hainan's customs closure in the context of globalization is limited, as the core of globalization is about rule restructuring rather than merely zero tariffs [14]. - The zero-tariff and low-tax policies in Hainan are expected to have profound impacts on both domestic capital and international trade dynamics, potentially leading to increased regulatory measures to prevent Hainan from becoming a tax haven [14]. - The long-term viability of Hainan as a policy pilot zone depends on the gradual extension of its policies; without broader implementation, it risks becoming isolated [14].