China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery, according to experts and business leaders.
The introduction of 28 new measures to facilitate faster goods and service trade at the Hainan Free Trade Port will boost the port's high-quality development and help it achieve its phased growth goals before 2025, experts and business leaders said.
China will roll out 28 policies and measures to further liberalize and facilitate trade in the Hainan free trade port, an official with the Ministry of Commerce (MOC) said on Monday.
China announced a number of special measures on Thursday aimed at further relaxing market access in the Hainan Free Trade Port, showing the country's drive to further open up to the world.
For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year.
China issued a catalogue of industries encouraging investment in Hainan Free Trade Port on Friday, giving wider access to outside investors in a number of key areas with a preferential 15 percent corporate income tax rate, according to government officials.
Hainan will focus on institutional innovation and fine-tune the free trade port policies during the 14th Five-Year Plan period (2021-25), while creating the necessary framework for Customs clearance on the island by the end of 2024, Feng Fei, acting governor of the province, said on Sunday.
Overview
Haikou 
Sanya 
