Hainan fine-tuning FTP policies, says top official

Last update time:2021-01-26 09:32:37

By MA ZHIPING in Haikou | China Daily | Updated: 2021-01-26 00:00

 

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.

In his government work report addressed to the Fourth Session of the Sixth People's Congress of Hainan Province that opened in Haikou, the provincial capital, Feng said the province will continue to perfect its social management information platform and improve the visa-free entry mechanisms in Hainan and establish a regular joint anti-smuggling mechanism with Guangdong province and the Guangxi Zhuang autonomous region.

China released a master plan for the construction of Hainan free trade port on June 1, 2020, aiming to build Hainan island, which is about 32 times the size of Hong Kong, into a globally influential, high-level free trade port by the middle of the century.