This Law is enacted for the purposes of building a high-level Hainan Free Trade Port (HNFTP) with Chinese characteristics, promoting the formation of a new pattern of higher-level reform and opening up, establishing a new system of open economy, and advancing the stable, sound and sustainable development of the socialist market economy. The Law consists of 57 articles divided into 8 Chapters: General Provisions; Trade Freedom and Facilitation; Investment Liberalization and Facilitation; Fiscal Taxation System; Protection of Ecological Environment; Industrial Development and Talent Support; Comprehensive Measures; Supplementary Provisions.
The state shall establish a HNFTP on the entire Hainan Island, establish a system of policies and rules on free trade ports in steps and phases, and realize free and convenient trade, investment, cross-border capital flow, entry and exit of personnel, and transportation, and safe and orderly flow of data. The state shall establish and improve a system of a Special Customs Supervision Zone of HNFTP featured by independent customs operations throughout Hainan Island. On the basis of lawful and effective supervision, the management rules on free, safe and convenient trade in goods shall be established, and the management measures for trade in services shall be optimized, to realize trade liberalization and facilitation. HNFTP shall build port infrastructure with high standards, and strengthen the management and control of public health and safety at port, as well as the bio-safety, food safety, and goods quality and safety control at national border.
HNFTP shall implement the strictest ecological and environmental protection system, insist on ecological priority and green development, innovate on the ecological civilization system and mechanism, and build a national ecological civilization experimental zone. HNFTP shall improve the ecological environment assessment and monitoring system, prevent pollution and protect the ecological environment; and improve the property rights system and the paid use system of natural resource assets to promote the efficient and economical use of resources.
The state shall establish a HNFTP on the entire Hainan Island, establish a system of policies and rules on free trade ports in steps and phases, and realize free and convenient trade, investment, cross-border capital flow, entry and exit of personnel, and transportation, and safe and orderly flow of data. The state shall establish and improve a system of a Special Customs Supervision Zone of HNFTP featured by independent customs operations throughout Hainan Island. On the basis of lawful and effective supervision, the management rules on free, safe and convenient trade in goods shall be established, and the management measures for trade in services shall be optimized, to realize trade liberalization and facilitation. HNFTP shall build port infrastructure with high standards, and strengthen the management and control of public health and safety at port, as well as the bio-safety, food safety, and goods quality and safety control at national border.
HNFTP shall implement the strictest ecological and environmental protection system, insist on ecological priority and green development, innovate on the ecological civilization system and mechanism, and build a national ecological civilization experimental zone. HNFTP shall improve the ecological environment assessment and monitoring system, prevent pollution and protect the ecological environment; and improve the property rights system and the paid use system of natural resource assets to promote the efficient and economical use of resources.
Title:
Hainan Free Trade Port Law of the People's Republic of China.
Country:
China
Type of document:
Legislation
Date of text:
2021
Files:
Repealed:
No