Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    The coming FTP bonanza

    By Ouyang Shijia | China Daily | Updated: 2020-06-15 09:24
    Share
    Share - WeChat
    [Photo/China Daily]

    Hainan basics:

    Population of permanent residents: 9.45 million (at the end of 2019)

    GDP: 530.89 billion yuan ($75.1 billion) in 2019

    Land area: 35,400 square kilometers

    Annual hours of sunshine: 1,750 to 2,550

    Average annual temperature: 23 C to 26 C

    Average annual precipitation: more than 1,600 millimeters

    SOURCE: INFORMATION RELEASED BY THE HAINAN PROVINCIAL GOVERNMENT

    Timeline:

    April 13, 2018: President Xi Jinping unveils a plan to support the development of Hainan island into a pilot free trade zone and gradually and steadily into a free trade port with Chinese characteristics.

    April 14, 2018: Guidelines are jointly unveiled by the Central Committee of the Communist Party of China and the State Council, China's Cabinet, to support Hainan's efforts to deepen reform and opening-up.

    May 1, 2018: Hainan offers visa-free access to tourists from 59 countries.

    Oct 16, 2018: China rolls out a general plan for the Hainan pilot free trade zone.

    Jan 1, 2019: A free trade account system is put into service in the Hainan pilot free trade zone.

    Feb 23, 2019: Hainan launches a 3-billion-yuan fund for free trade zone construction.

    June 1, 2020: A master plan for the Hainan free trade port is released.

    June 3, 2020: Eleven key industrial parks are unveiled to support the construction of the Hainan free trade port.

    Goals and benefits of Hainan's free trade port:

    By 2025:

    Basically establish a set of free trade port policies focusing on trade and investment facilitation

    By 2035:

    Forge the free trade port into China's new highland of an open economy with a more mature free trade policy system and operation mode

    Around 2050:

    Build the island into a high-level free trade port with strong international influence

    Some benefits before 2025:

    Higher quota for offshore duty-free shopping: up to 100,000 yuan per person every year from 30,000 yuan, expanding the categories of duty-free products

    Permission for foreigners to visit Hainan visa-free for a wider range of purposes, including commerce and trade, family visits, medical treatment, exhibition, and sports competitions

    Organization of the China International Consumer Products Expo. Overseas exhibits imported or sold during national-level expos to be tax-free

    Exemption for enterprise income tax on revenues from new overseas direct investment before 2025 for enterprises in tourism, modern services, new and high-tech industries established in the Hainan free trade port

    Personal income tax exemption for income over and above that which is liable for the normal 15 percent tax rate, if the taxpayer works in the Hainan free trade port as a high-end or urgently needed professional

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    精品久久人妻av中文字幕| 久久久久无码中| 午夜无码中文字幕在线播放 | 少妇无码一区二区三区免费| 亚洲AV中文无码乱人伦在线观看 | 中文字幕人妻无码系列第三区| 高清无码中文字幕在线观看视频| 日韩av无码久久精品免费| 亚洲一日韩欧美中文字幕欧美日韩在线精品一区二 | 中文午夜乱理片无码| 激情欧美一区二区三区中文字幕| 国产成人无码18禁午夜福利p | 无码性午夜视频在线观看| 亚洲欧洲中文日韩av乱码| 国产中文字幕在线视频| 超清中文乱码字幕在线观看| 久99久无码精品视频免费播放| 亚洲AV人无码综合在线观看 | 亚洲AV无码一区二区三区性色 | 最近中文字幕精彩视频| 香蕉伊蕉伊中文视频在线 | 日本中文字幕在线2020| 久别的草原在线影院电影观看中文 | 欧美中文字幕无线码视频| 免费无码中文字幕A级毛片| 国产 日韩 中文字幕 制服| 亚洲?V无码成人精品区日韩| 久99久无码精品视频免费播放 | 狠狠躁天天躁中文字幕无码| 无码国产成人午夜电影在线观看| 国产精品无码v在线观看| 成年无码av片在线| 91久久九九无码成人网站| 潮喷无码正在播放| 亚洲高清无码专区视频| 天堂√中文最新版在线| 无码人妻精品中文字幕免费 | 寂寞少妇做spa按摩无码| 国产成人无码AV一区二区在线观看 | 久久久久久无码国产精品中文字幕| 2019亚洲午夜无码天堂|