Issuance of the Hainan “14th five-year plan” proposal of the preliminary formation of the free trade ports policy and institutional system | Hainan-Finance News



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Original title: Hainan’s “14th Five-Year Plan” Proposal Published

The “Proposal” states that during the “XIV Five Year Plan” period, Hainan will begin the island-wide customs closure operation in due time. Accelerate the implementation of the “first line” liberalization policy and “second line” control of the special areas of customs supervision.

Starting next year, China is about to enter the period of the “XIV Five-Year Plan”, and the “XIV Five-Year Plan” and the long-term goals for 2035 will be announced in various places.

The “Recommendations of the CPC Hainan Provincial Committee on the Formulation of the Fourteenth Five-Year Plan for National Economic and Social Development and the Long-Term Goals for 2035” recently published by Hainan (hereinafter referred to as the “Proposals”) stated that Hainan’s “fourteenth five-year plan” The economic and social development goals of the period include the initial establishment of a free trade ports policy system and the realization of high-quality economic development.

The “Proposal” proposes that Hainan put systems integration and innovation in a prominent position, build a free trade port with high quality and high standards, coordinate development and security, effectively serve and promote the construction of a new national and international dual cycle that is mutually promoted. The development pattern will make the Hainan Free Trade Port a clear banner and an important opening door that will lead to the opening of China to the outside world in the new era, and strive to create a vivid example of socialism with Chinese characteristics. in the new era.

In the opinion of the experts interviewed, a free trade port is generally regarded as the most open pilot free trade zone and can often become a regional and even global open height center and commercial center. However, the construction of the Hainan Free Trade Port will not take place overnight. During the “14th five-year plan” period in Hainan, the focus should be on the initial establishment of a free trade port policy system, focused on liberalization and facilitation of trade and investment, earning of initial profits and the initiation of customs closures throughout the island in due course Operation.

Island-wide customs clearance requires a transition period

The “Proposal” states that during the “XIV Five Year Plan” period, Hainan will begin the island-wide customs closure operation in due time. Accelerate the implementation of the “first line” liberalization policy and “second line” control of the special areas of customs supervision. Construction of high-level infrastructure for open ports and “second line ports”, monitoring facilities and information systems, and construction of facilities and support equipment for customs closure operations throughout the island.

The so-called “front line” liberalization means that goods outside the territory and within the region can enter and leave freely without customs supervision, and the free zone (port) carries out the free flow of elements such as goods, funds and personnel from abroad. . The “second line” control means that the goods entering and leaving the country (border) from the free zone (port) will be integrated into the national customs clearance, subject to regular supervision, and the corresponding taxes must be collected and included in the business statistics.

Thanks to its unique geographical location, as relatively independent geographic units, Hainan has the unique advantage of becoming a testing ground for reform and national opening, providing a natural convenience for the free trade port to explore “first-rate liberalization line and second line management “.

For this reason, the “Master Plan for the Construction of the Hainan Free Trade Port” proposes to take the lead in the implementation of the innovative management system of “open the first line and control the second line” in the comprehensive consolidated port area. Yangpu, and take the lead in the implementation of a series of trade facilitation. The liberalization measures will explore and accumulate experience for the construction of the Hainan Free Trade Port.

According to Wang Guowen, director of the Institute of Logistics and Supply Chain Management of the China Comprehensive Development Research Institute (Shenzhen), the completion of customs closure throughout Hainan Island during the period of the “XIV Five-Year Plan” it will require a transition period. Hainan is still expected to pick one before 2025. Test the closures in several places.

“It is relatively easy to get rid of the first line, but the current key is how to solve the problem of second-line management. The technical means involved in second-line management are more complicated. charge can not be resolved, it will continue to exist even through the electronic fence. Prevent and control risks. ” Wang Guowen believes that customs clearance throughout the island of Hainan requires a transition period for Hainan to promulgate all technical means and operational rules for the second line during the period of the “XIV Five-Year Plan”.

According to the 21st Century Business Herald reporter, to solve the aforementioned problems, Hainan considers the construction of a social management information platform as one of the key projects and pilot projects of the innovation of the free trade port construction system. The platform was initially put into real combat operation and can be in service 24 hours a day, real-time identification and monitoring of suspicious targets, unified command, joint logistics and joint management.

The “Proposal” proposes that during the “Fourteenth Five-Year Plan” period, Hainan should initially establish a free trade ports policy system focused on freedom of trade and freedom of investment and convenience. In addition to creating a first-class business environment, you must also implement “zero tariffs” in the future. Low tax rate policy, which promotes the liberalization and facilitation of trade and investment, and the deepening of the integration and innovation of the system in the fiscal and financial fields.

The hub is the basic condition of the free trade port industry

In the opinion of the experts interviewed, one of the highlights of the “Recommendations” is that it sets out to create a high-level open economic plateau. The meaning of the Hainan exploration of the construction of a free trade port is to promote Hainan to achieve a new round of high-level opening to the outside world, with greater intensity and higher levels of opening in the financial and service industries. , and a higher degree of resource optimization.

Specifically, the “Proposal” proposes to build an international aviation and maritime transportation hub. For example, make good use of the open bonus of the seventh freedom rights, promote the opening of flights between Hainan and ten ASEAN countries and create an economic circle of flights of four hours and eight hours; cultivate and expand internationally competitive logistics parks and modern logistics companies; expand the “Yangpu of China A series of measures such as the effect of” port registration “port policy and the construction of a new international maritime hub of land and sea channels in the west.

Liu Xiangdong, deputy director of the Economic Research Department of the China International Economic Exchange Center, analyzed to reporters from the 21st Century Business Herald that, as a free port dominated by the entire island, Hainan should strengthen high-frequency connections with the outside world. . Aviation is the most important fast and convenient channel. The construction of the aviation center in the construction of the commercial port is extremely important.

“Any leading free trade port in the world is inseparable from a port with the level and status of international leadership.” Wang Guowen also analyzed that the free trade port is a special economic area with the highest level of openness and the highest degree of convenience in the international business environment. And the port is a national strategic resource and a central infrastructure, as well as an important support and a central element for the development of cities and industries.

In his opinion, the center is the basic condition for the survival of all free trade port industries. Building a center should not be a center for the simple fact of being a center. The key is to introduce export-oriented industries with two outer extremes. Therefore, when Hainan builds an aviation and shipping hub, it should be associated with the introduction of export-oriented industries.

He suggested that if Hainan wants to build a high-level opening to the outside world, it should become a bigger and stronger port and airport, and make the most of the benefits of the link between the port industry and the city, in order to promote development. of the export-oriented industry of the free trade port. “This should also become the model for industrial development of the Hainan Free Trade Port.”

The 21st Century Business Herald reporter noted that the “Proposal” presents that Hainan’s economic growth rate during the “XIV Five-Year Plan” period will be among the highest in the country, with an average annual growth rate of more than 10 % of regional GDP and 65% of the value added of the service industry. Above, a modern economic system was initially established and market players continued to grow substantially.

Liang Haiming, Dean of Hainan University’s “Belt and Road” Research Institute, believes that Hainan’s ability to achieve an average annual GDP growth rate of more than 10% depends on the central government’s policy dividend for Hainan. and on the other hand, you should trust Hainan to promote digital industrialization and industrial digitization. .

“The digital economy has helped increase the productivity of various industries, create new industries and establish a sustainable economic system. It has gradually become the main engine of global economic development. In the future, the digital economy may dominate GDP growth worldwide by 10% or even 50% or so. “He said.

(Author: Li Editor: Zhang Xing)

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