The Hainan Free Trade Port has harnessed its efforts to make foreign trade and investment more convenient and freer in the island province since the central government released an overall plan for its development in June 2020, and its efforts have paid off.
A range of measures are being taken to better implement the Hainan Free Trade Port Law and foster a sounder business environment in an effort to develop a globally influential free trade port in Hainan province, officials and experts said.
During the 13th Five-Year Plan (2016-20) period, Hainan improved the management systems of its key industrial parks and continuously attracted new investment.