Hainan, the southern island province of China, has been attracting people from around the globe with its sandy beaches, coconut trees, and year-round sunshine. The island is becoming a hotspot this year due to China's plans to build a free trade port with the highest level of openness.
China's aviation authority on Tuesday unveiled a plan to trial the Seventh Freedom of the Air in the Hainan Free Trade Port (FTP), a move aimed at boosting the opening-up of the air-transport industry.
The recent release of a master plan by Chinese authorities to build the world's largest free trade port in Hainan has generated great expectations among people in and outside the tropical island.
The General Plan for the Construction of Hainan Free Trade Port, formulated by the central government, was officially released on July 1. Here are the 60 key policies of the plan.
China has put together a package of preferential policies to help build Hainan into a free trade port, which will serve as a new growth engine for the nation and the global economy, officials and experts said on Monday.
Looking back, the contributions China's first special economic zones have made to the country's economic reform and opening-up are evident and cannot be underestimated. Pilot policies were implemented in these zones to promote their development and what they have achieved has played an exemplary role for the rest of the country.
The Central Committee of the Communist Party of China and the State Council, China's Cabinet, recently released a master plan for the Hainan Free Trade Port. Eleven key industrial parks were unveiled on June 3, marking the start of construction of the port.
