Core Insights - The 11th World Free Zone Organization Conference was held in Hainan, China, with over 70 countries and regions represented, highlighting the significance of free zones as engines for economic growth, industrial diversification, and sustainable development [1][2] - The theme of the conference was "Free Zones: A Gateway to Global Prosperity, Trade, and Sustainable Innovation," emphasizing Hainan's role as a modern free trade port and its potential for institutional innovation and global cooperation [1][2] Group 1 - The conference showcased Hainan's achievements in economic development and openness, featuring projects in green low-carbon initiatives, duty-free shopping, and cross-border e-commerce [1][2] - The World Free Zone Organization's president noted that modern free zones are evolving from mere trade facilitators to resilient frameworks that support the free flow of financial and logistical elements [1][2] Group 2 - Several cooperation agreements were reached during the conference, including a memorandum to promote cross-border data flow signed by representatives from Angola, Argentina, and Hainan's internet information industry park [2] - The conference concluded with the release of the "21st Century Economic Special Zone Hainan Declaration," which aims to share China's experience in special economic zone development and enhance global trade agreements [2]

Core Insights - The first China Comprehensive Bonded Zone Development International Forum highlighted the transformation and sustainable development of free trade zones and bonded zones in response to global economic changes [3][4]. Group 1: Forum Highlights - The forum emphasized the importance of openness, integration, and innovation as key themes for the sustainable development of comprehensive bonded zones [3]. - Industry leaders and experts discussed how free trade zones are evolving from policy testing grounds to open hubs and innovation ecosystems, facilitating global cooperation [3][4]. - The World Free Zones Organization's chairman stated that free zones should act as bridges for global economic integration, especially in a fragmented world [3]. Group 2: China's Special Zones - In 2024, China's special zones are projected to achieve an import and export value of 8.37 trillion yuan, a year-on-year increase of 4.6%, accounting for 19.1% of the national foreign trade total [4]. - China currently has 174 special zones, including 168 comprehensive bonded zones, covering all 31 provinces and municipalities, playing a crucial role in foreign trade growth, foreign investment attraction, and job creation [4]. - The functions of these zones are diversifying from traditional bonded logistics and processing to new business models such as bonded maintenance, research and testing, cross-border e-commerce, and financial leasing [4]. Group 3: Global Practices and Innovations - The Dubai Comprehensive Economic Zone has successfully transformed from a traditional trade free zone to a comprehensive economic zone by optimizing policies, enhancing infrastructure, and connecting with international markets [5]. - Shanghai's Waigaoqiao Bonded Zone, established in 1990, has attracted over 20,000 enterprises, including more than 7,300 foreign-funded companies, due to its international business environment and strong manufacturing capabilities [5]. - The Qianhai Comprehensive Bonded Zone in Shenzhen is leveraging its unique advantages to focus on bonded processing and new service trade models, capitalizing on cooperation opportunities with Hong Kong [5]. Group 4: Regulatory Innovations - Hainan Free Trade Port's "zero tariff" policy has benefited over 500 enterprises, with tax exemptions exceeding 800 million yuan, and customs-registered enterprises surpassing 77,000, achieving seven consecutive years of foreign trade growth [6]. - The Haikou Customs is implementing innovative regulatory practices through technology, credit management, and adaptive supervision to ensure supply chain stability [6]. - The establishment of free zones is viewed as a means to achieve prosperity, with a call for cooperation and innovation to build more efficient trade supply chains [6].

Core Insights - The 11th World Free Trade Zone Organization Conference emphasized the importance of open cooperation and mutual benefits in global trade and sustainable innovation [2][3][12] Group 1: Conference Overview - The conference took place from October 12, gathering representatives from over 70 countries and regions, featuring 38 exchange activities [1][2] - The theme of the conference was "Towards Global Prosperity, Trade, and Sustainable Innovation," highlighting the role of free trade in economic globalization [2][3] Group 2: Role of Free Trade Zones - Free trade zones are evolving from mere trade facilitation entities to crucial drivers of innovation, sustainable development, and inclusive economic growth [3][4] - Discussions included how free trade zones can enhance trade convenience and attract more investors through stable business environments and government incentives [4][10] Group 3: Hainan Free Trade Port - Hainan was chosen as the conference venue due to its significant achievements in institutional innovation and global cooperation within the free trade zone context [6][7] - The Hainan Free Trade Port is seen as a model for broader economic openness and is expected to play a pivotal role in global corporate strategies [8][10] Group 4: Future Collaborations - The establishment of the Global Free Trade Zone Research Institute aims to foster high-level dialogues and research on free trade themes [9] - Various global free trade zones signed memorandums of understanding with Hainan's free trade zones to promote cross-border data flow and collaboration [10][11]

Core Viewpoint - The Hainan Free Trade Port is positioned as a significant gateway for China's new era of opening up, with the upcoming full island customs operation set for December 18, 2023, presenting vast development opportunities [1] Group 1: Economic Development - The Free Trade Zone is highlighted as one of the most dynamic areas for global economic development, with the World Free Zones Organization Conference serving as a platform for cooperation and development among global free zone representatives [1] - Hainan's unique geographical position at the intersection of China's mainland and Southeast Asia provides distinct advantages in open policies and international trade standards [1] Group 2: Strategic Initiatives - Hainan is working on establishing "two bases," "two hubs," and "two networks" to accelerate the high-quality development of the Free Trade Port [1] - The province aims to strengthen rule alignment and experience sharing with global free zones through platforms like the World Free Zones Organization Conference, fostering closer partnerships and promoting substantial cooperation projects [1]

Core Insights - The 11th World Free Zone Organization Conference aims to explore pathways to global prosperity, trade, and sustainable innovation, highlighting the significance of free zones in the modern economy [3][4][5] Group 1: Conference Overview - The conference is being held at the Hainan International Convention and Exhibition Center, with over 30 high-level forums and parallel meetings scheduled, covering topics such as digital economy, green low-carbon initiatives, and future industries [3][4] - Attendees include representatives from over 70 countries and regions, fostering cross-continental dialogue and collaboration [3][4] Group 2: Hainan's Role - Hainan is positioned as a new highland for China's opening-up, showcasing its unique policy advantages and governance concepts, making it a crucial node in the global free zone network [5][6] - The choice of Hainan as the conference location is seen as a strategic move to present an "open business card" to the world, emphasizing the province's commitment to innovation and sustainable development [5][6] Group 3: Evolution of Free Zones - Free zones are evolving from mere trade facilitation entities to key players in promoting innovation, sustainable development, and inclusive economic growth [7][8] - The modern free zone is described as an integrated ecosystem that combines finance, logistics, and innovation, serving as a critical node for cooperation in a challenging global environment [7][8] Group 4: Future Opportunities - The conference emphasizes the potential for free zones to drive global trade towards more efficient, green, and inclusive directions through mechanisms like green energy and AI [7][8] - Collaboration between free zones and chambers of commerce is encouraged to enhance investment, market access, trade facilitation, and business support, contributing to a global business ecosystem [7][8]

Core Viewpoint - The 11th World Free Zone Organization Conference is being held in Hainan, highlighting the region's open business environment and visionary leadership, which are seen as ideal for sharing knowledge and exploring opportunities in global free zones [1] Group 1: Hainan's Free Trade Port - Hainan Free Trade Port will officially start its customs operations on December 18, with innovative measures including zero tariff policies on goods, relaxed trade management, convenient passage measures, and efficient regulatory models [1] - The proportion of zero-tariff goods under "first-line" imports will increase from 21% to 74%, allowing tax-free circulation among beneficiaries on the island, with a 30% value-added processing threshold for tax-free exports to the mainland [1] Group 2: Global Free Zones - The evolution of free zones from simple trade areas to dynamic ecosystems characterized by industry growth, innovation, and sustainable development is emphasized [1] - The current global supply chain transformation and economic adaptation highlight the critical role of free zones in fostering resilience and diversification, connecting cross-border people, ideas, and investments for a prosperous future [1]

Core Points - The 11th World Free Zone Organization Conference opened in Haikou, China, marking the first time the event is held in the country [1] - The conference theme is "Free Zones: A Gateway to Global Prosperity, Trade, and Sustainable Innovation," focusing on discussions about economic prosperity, trade connectivity, and technological integration [1] - The World Free Zone Organization aims to enhance international cooperation and promote industrial collaboration within the framework of free zones [1] Group 1 - The conference gathered representatives from over 100 free zones, along with global and regional business leaders and officials from international organizations [1] - The chairman of the World Free Zone Organization emphasized the significant role of free zones in global trade and their contribution to building resilient and sustainable development models [1] - The CEO of Dubai IFZA Free Zone highlighted the importance of adapting to modern developments and providing comprehensive support for businesses to expand globally [1] Group 2 - Hainan Free Trade Port is set to launch full island closure operations on December 18, enhancing the flow of people, goods, capital, and data [2] - Hainan has established partnerships with 41 free trade zones (ports) globally, aiming to promote innovation, green initiatives, inclusivity, and sustainable development [2] - The World Free Zone Organization is a leading authority in the free zone sector, with over 1,500 members from 140 countries, including free trade parks, export processing zones, ports, logistics companies, industry associations, and academic institutions [2]

Core Points - The 11th World Free Zone Organization Conference will be held in Haikou from October 10 to 12, focusing on "Free Zones: A Gateway to Global Prosperity, Trade, and Sustainable Innovation" [1] - Over 70 countries and regions will participate, featuring more than 30 high-level forums, parallel meetings, and exchange activities [1] - The conference aims to promote the operational opportunities of Hainan Free Trade Port through various formats such as on-site promotions, thematic discussions, exhibitions, and field research [1] Event Details - The opening ceremony is scheduled for the morning of October 10, with discussions on topics like "China Free Trade Port: Reform, Growth, and Global Integration" and "Taxation and Free Zones: Challenges and Opportunities" [1] - The first China Comprehensive Bonded Zone Development International Forum will take place on the morning of October 12, focusing on park operation practices and exploring new pathways under global economic changes [1] - More than 50 guests, including leaders from the World Free Zone Organization and representatives from various countries' free trade zones, will deliver speeches during the conference [2] Organization Background - The World Free Zone Organization, registered in Switzerland and headquartered in Dubai, UAE, is an authoritative body in the global free zone sector, with over 1,500 members from 140 countries [2]

Core Points - The 11th World Free Trade Zone Organization Conference will be held from October 10 to 12 in Haikou, attracting industry leaders and experts from over 70 countries and regions [1] Group 1: Event Overview - The conference theme is "Free Trade Zones: A Gateway to Global Prosperity, Trade, and Sustainable Innovation" [1] - The event is co-hosted by the World Free Trade Zone Organization and the Hainan International Economic Development Bureau [1] - More than 50 guests, including leaders from various free trade zone organizations and representatives from import-export processing associations, economists, and researchers, will deliver speeches [1] Group 2: Attendee Profile - The guest list features strong representation from international organizations, including key decision-makers from the World Economic Forum and the International Chamber of Commerce [1] - The countries represented include Switzerland, Singapore, the UAE, the USA, and Germany, showcasing a wide range of economic powerhouses [1] - The attendees come from diverse professional backgrounds, including government departments, authoritative associations, Fortune 500 companies, and top universities [1] Group 3: Agenda Highlights - The three-day agenda will feature over 30 high-level forums, parallel meetings, and networking activities [1] - Discussions will focus on cutting-edge topics related to economic prosperity, trade connectivity, and technological integration within global free trade zones [1]

Group 1 - The 11th World Free Zones Organization Conference will be held in Hainan from October 10 to 12, with over 1,500 guests from more than 70 countries and regions expected to attend [1][2] - Hainan is recognized as China's largest free trade port, positioned at the forefront of institutional innovation, policy experimentation, and green economic transformation [1][2] - The conference aims to showcase Hainan's achievements and invite global participation in its development vision, with a focus on the free trade port policies and the China International Consumer Products Expo [1][2] Group 2 - The theme of the conference is "Free Zones: A Gateway to Global Prosperity, Trade, and Sustainable Innovation," reflecting the evolving role of free zones in promoting innovation and cross-border cooperation [2] - Six dynamic discussion topics will be set up to explore how free zones can support economic prosperity, stakeholder collaboration, and national strategies, particularly focusing on the development practices of Hainan Free Trade Port [2] - The conference will also host the "First International Forum on the Development of Comprehensive Free Trade Zones in China," marking a significant milestone in China's commitment to openness and global economic cooperation [2][3] Group 3 - The World Free Zones Organization, registered in Switzerland and headquartered in Dubai, has over 1,500 members from 140 countries, including free trade zones, export processing zones, ports, logistics companies, industry associations, and academic institutions [3] - The annual conference has been held since 2015 in various countries, and this year's event in Hainan is significant for integrating Hainan's free trade port into the international high-standard free trade zone network [3]