Hainan Free Trade Port Policy

The following are the main policies of Hainan Free Trade Port:

1. Tax reduction and fee reduction policy: preferential tax policies are implemented for enterprises in Hainan Free Trade Port, including corporate income tax, personal income tax, customs duties, consumption tax, etc.

2. Cross-border trade facilitation: Implement the "single window" and "one-time declaration and step-by-step implementation" modes to simplify the cross-border trade process. Implement a "zero tariff" policy for qualified import and export commodities;

3. Facilitate capital flow: implement the "negative list" management system, relax the market access of foreign capital, allow foreign investors to be wholly owned, and cancel the restricted share ratio of foreign capital;

4. Talent introduction policy: policies such as talent visa, talent introduction subsidy and talent housing security will be introduced to attract high-level talents at home and abroad to settle down and develop in Hainan Free Trade Port;

5. Financial innovation policy: explore financial innovation pilots such as "digital RMB" and "digital finance" and encourage financial institutions to carry out cross-border financial services and financial innovation business;

6. Cultural and creative industry policies: launch diversified cultural industry development policies such as "culture+tourism", "culture+technology" and "culture+finance" to cultivate cultural industry clusters;

7. Environmental protection policy: advocate the concept of green, low-carbon and sustainable development, promote the development of environmental protection industry, and encourage the adoption of clean energy and energy-saving and environmental protection technologies;

8. Education and medical and health policies: increase support for higher education and medical and health undertakings in Hainan, and attract well-known universities and medical institutions at home and abroad to settle in Hainan Free Trade Port.

The development advantages of Hainan Free Trade Port are as follows:

1, Hainan Free Trade Port can be piloted globally. Hainan is a newly established special customs supervision area in China, and also a pilot area for retail import in cross-border electronic commerce. After the establishment of Hainan Free Trade Port, it means that the whole island of Hainan can develop various cross-border electronic commerce models without any restrictions, and there is no geographical restriction compared with the mainland;

2. At present, Hainan Free Trade Port adopts zero tariff and the first line is liberalized, which means that most foreign products will be duty-free in Hainan, so we can make Hainan's cross-border e-commerce products have more types, lower prices and larger quantities, which is very attractive to our mainland tourists and can attract foreign capital to settle in Hainan without many domestic people buying cheap foreign goods.

3. Hainan Free Trade Port implements a freer and more convenient trade policy than the mainland, which can form a self-contained market connecting domestic and foreign countries. In Hainan Free Trade Port, there are foreign businessmen in the factory, which can realize complete trade freedom and facilitate the entry, exit and transportation of personnel.

To sum up, Hainan Free Trade Port is a key development place in China. Through this free trade port, a large number of Chinese workers engaged in import and export goods can prosper and develop in Hainan.

Legal basis:

Article 1 of People's Republic of China (PRC) Hainan Free Trade Port Law

This Law is formulated for the purpose of building a high-level Hainan Free Trade Port with China characteristics, promoting the formation of a new pattern of reform and opening up at a higher level, establishing a new open economic system, and promoting the stable, healthy and sustainable development of the socialist market economy.

second

The state has set up Hainan Free Trade Port all over Hainan Island, and gradually established policies and systems for free trade ports, so as to realize the free and convenient flow of trade, investment, cross-border capital, entry and exit of people, transportation and data in a safe and orderly manner.

This Law shall apply to the construction and management of Hainan Free Trade Port. Where there are no provisions in this law, the provisions of other relevant laws and regulations shall apply.

essay

The construction of Hainan Free Trade Port should reflect the characteristics of China, learn from international experience, focus on Hainan's strategic positioning, give full play to Hainan's advantages, promote reform and innovation, strengthen risk prevention, implement the new development concept of innovation, coordination, green, openness and enjoyment, adhere to high-quality development, adhere to the overall national security concept, adhere to the people-oriented principle, and realize economic prosperity, social civilization, ecological livability and people's happiness.

Article 4

The construction of Hainan Free Trade Port is centered on the liberalization and facilitation of trade and investment, supported by the free and orderly, safe and convenient cross-border flow of various production factors and the modern industrial system, and guaranteed by the special tax system arrangement, efficient social governance system and complete rule of law system, and constantly optimizes the business environment ruled by law, internationalization and convenience, and a fair, unified and efficient market environment.