用好五项政策，做好五件事

Core Viewpoint - The official launch of the Hainan Free Trade Port on December 18, 2025, marks a significant step in China's commitment to high-level opening-up and the construction of an open world economy, aiming to integrate domestic and international trade [1]. Group 1: Key Policies of Hainan Free Trade Port - The basic policies of the Hainan Free Trade Port include a corporate income tax rate of 15%, personal income tax rate of 15%, zero tariffs, zero barriers to service trade, and tax exemption on repatriated overseas investment profits [1]. - These policies are expected to provide a historical and long-term driving force for Hainan's economy and the construction of China's free trade ports [1]. Group 2: Integration of Domestic and International Trade - Hainan should promote the integration of domestic and international trade, achieving uniform rules, systems, and standards, thereby eliminating the existing discrepancies between domestic and foreign trade [2]. - The goal is to create a seamless trade environment similar to that in the U.S., where trade procedures are consistent regardless of destination [2]. Group 3: Development of Service Trade - Hainan should focus on developing service trade, which currently constitutes only 14.6% of China's total trade volume, compared to over 25% globally [6]. - The emphasis should be on both productive and life service industries, with a particular focus on enhancing the export of productive services [6][7]. Group 4: Positioning as a Trade Hub - Hainan should establish itself as a bridge and hub for trade between Southeast Asia and China, leveraging the RCEP agreement to facilitate trade flows [9]. - The island is positioned to become a central base for trade interactions with Southeast Asian countries [9]. Group 5: Financial Systems for Belt and Road Initiative - Hainan should create a financial system to facilitate the return of RMB investments and trade from Belt and Road Initiative countries, ensuring effective use of RMB [11]. - This system will support the development of the Belt and Road Initiative and generate significant benefits [11]. Group 6: Promoting RMB Internationalization - Hainan is expected to play a crucial role in the internationalization of the RMB by establishing an offshore RMB fund pool [15]. - The aim is to enhance the currency's global standing in line with China's economic position, which currently does not reflect its GDP share [14][15]. Conclusion - By effectively implementing the five key initiatives aligned with the free trade port policies, Hainan is poised to elevate its development significantly over the next 5 to 10 years, becoming a vital gateway for China's new era of opening-up [15].