国内英语资讯:Economic Watch: Hainan free trade port -- a new highland of open economy
<p><span word="BEIJING">BEIJING</span>, <span word="June">June</span> 8-- <span word="Hainan">Hainan</span>, <span word="the">the</span> <span word="southern">southern</span> <span word="island">island</span> <span word="province">province</span> <span word="of">of</span> <span word="China">China</span>, <span word="has">has</span> <span word="been">been</span> <span word="attracting">attracting</span> <span word="people">people</span> <span word="from">from</span> <span word="around">around</span> <span word="the">the</span> <span word="globe">globe</span> <span word="with">with</span> <span word="its">its</span> <span word="sandy">sandy</span> <span word="beaches">beaches</span>, <span word="coconut">coconut</span> <span word="trees">trees</span>, <span word="and">and</span> <span word="year">year</span>-<span word="round">round</span> <span word="sunshine">sunshine</span>. <span word="The">The</span> <span word="island">island</span> <span word="is">is</span> <span word="becoming">becoming</span> <span word="a">a</span> <span word="hotspot">hotspot</span> <span word="this">this</span> <span word="year">year</span> <span word="due">due</span> <span word="to">to</span> <span word="China">China</span>'<span word="s">s</span> <span word="plans">plans</span> <span word="to">to</span> <span word="build">build</span> <span word="a">a</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span> <span word="with">with</span> <span word="the">the</span> <span word="highest">highest</span> <span word="level">level</span> <span word="of">of</span> <span word="openness">openness</span>.</p><p><span word="With">With</span> <span word="a">a</span> <span word="plan">plan</span> <span word="aiming">aiming</span> <span word="at">at</span> <span word="further">further</span> <span word="consolidating">consolidating</span> <span word="the">the</span> <span word="foundation">foundation</span> <span word="of">of</span> <span word="the">the</span> <span word="real">real</span> <span word="economy">economy</span> <span word="and">and</span> <span word="enhancing">enhancing</span> <span word="economic">economic</span> <span word="competitiveness">competitiveness</span>, <span word="a">a</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span> <span word="system">system</span> <span word="will">will</span> <span word="be">be</span> "<span word="basically">basically</span> <span word="established">established</span>" <span word="in">in</span> <span word="Hainan">Hainan</span> <span word="by">by</span> 2025, <span word="becoming">becoming</span> "<span word="more">more</span> <span word="mature">mature</span>" <span word="by">by</span> 2035, <span word="with">with</span> <span word="a">a</span> <span word="focus">focus</span> <span word="on">on</span> <span word="the">the</span> <span word="liberalization">liberalization</span> <span word="and">and</span> <span word="facilitation">facilitation</span> <span word="of">of</span> <span word="trade">trade</span>, <span word="investment">investment</span>, <span word="transport">transport</span> <span word="and">and</span> <span word="the">the</span> <span word="flow">flow</span> <span word="of">of</span> <span word="talent">talent</span>, <span word="capital">capital</span> <span word="and">and</span> <span word="data">data</span>.</p><p><span word="INJECTING">INJECTING</span> <span word="NEW">NEW</span> <span word="VITALITY">VITALITY</span> <span word="INTO">INTO</span> <span word="ENTERPRISES">ENTERPRISES</span></p><p><span word="Market">Market</span> <span word="entities">entities</span> <span word="will">will</span> <span word="enjoy">enjoy</span> <span word="a">a</span> <span word="batch">batch</span> <span word="of">of</span> <span word="benefits">benefits</span> <span word="in">in</span> <span word="investment">investment</span>, <span word="tax">tax</span> <span word="and">and</span> <span word="market">market</span> <span word="access">access</span> <span word="when">when</span> <span word="doing">doing</span> <span word="business">business</span> <span word="in">in</span> <span word="the">the</span> <span word="Hainan">Hainan</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span>, <span word="said">said</span> <span word="Shen">Shen</span> <span word="Xiaoming">Xiaoming</span>, <span word="governor">governor</span> <span word="of">of</span> <span word="Hainan">Hainan</span>, <span word="at">at</span> <span word="a">a</span> <span word="press">press</span> <span word="conference">conference</span> <span word="Monday">Monday</span>.</p><p><span word="Streamlined">Streamlined</span> <span word="procedures">procedures</span> <span word="will">will</span> <span word="be">be</span> <span word="available">available</span> <span word="to">to</span> <span word="companies">companies</span>, <span word="with">with</span> <span word="license">license</span> <span word="application">application</span> <span word="and">and</span> <span word="government">government</span> <span word="approval">approval</span> <span word="not">not</span> <span word="required">required</span> <span word="for">for</span> <span word="industries">industries</span> <span word="that">that</span> <span word="are">are</span> <span word="not">not</span> <span word="prohibited">prohibited</span> <span word="by">by</span> <span word="law">law</span> <span word="or">or</span> <span word="mandatory">mandatory</span> <span word="standards">standards</span>.</p><p><span word="Foreign">Foreign</span> <span word="investment">investment</span> <span word="will">will</span> <span word="be">be</span> <span word="subject">subject</span> <span word="to">to</span> <span word="a">a</span> <span word="management">management</span> <span word="system">system</span> <span word="combining">combining</span> <span word="pre">pre</span>-<span word="establishment">establishment</span> <span word="national">national</span> <span word="treatment">treatment</span> <span word="and">and</span> <span word="a">a</span> <span word="negative">negative</span> <span word="list">list</span> <span word="designated">designated</span> <span word="for">for</span> <span word="the">the</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span>, <span word="further">further</span> <span word="reducing">reducing</span> <span word="restrictions">restrictions</span> <span word="and">and</span> <span word="prohibitions">prohibitions</span> <span word="on">on</span> <span word="the">the</span> <span word="basis">basis</span> <span word="of">of</span> <span word="free">free</span> <span word="trade">trade</span> <span word="zones">zones</span>, <span word="Shen">Shen</span> <span word="said">said</span>.</p><p><span word="Domestic">Domestic</span> <span word="firms">firms</span> <span word="registered">registered</span> <span word="in">in</span> <span word="the">the</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span> <span word="will">will</span> <span word="be">be</span> <span word="encouraged">encouraged</span> <span word="to">to</span> <span word="raise">raise</span> <span word="funds">funds</span> <span word="by">by</span> <span word="issuing">issuing</span> <span word="shares">shares</span> <span word="abroad">abroad</span>. <span word="The">The</span> <span word="free">free</span> <span word="trade">trade</span> <span word="port">port</span> <span word="will">will</span> <span word="also">also</span> <span word="offer">offer</span> <span word="tax">tax</span> <span word="benefits">benefits</span> <span word="for">for</span> <span word="firms">firms</span> <span word="operating">operating</span> <span word="in">in</span> <span word="sectors">sectors</span> <span word="such">such</span> <span word="as">as</span> <span word="tourism">tourism</span>, <span word="modern">modern</span> <span word="services">services</span>, <span word="and">and</span> <span word="new">new</span> <span word="and">and</span> <span word="high">high</span> <span word="technology">technology</span> <span word="by">by</span> <span word="exempting">exempting</span> <span word="enterprise">enterprise</span> <span word="income">income</span> <span word="tax">tax</span> <span word="for">for</span> <span word="the">the</span> <span word="income">income</span> <span word="from">from</span> <span word="their">their</span> <span word="direct">direct</span> <span word="investment">investment</span> <span word="overseas">overseas</span>.</p>
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