The State Council Information Office recently convened a press conference dedicated to deepening reforms and expanding openness, with a strong focus on accelerating the development of a free trade port in Hainan. This initiative aims to create a free trade port that embodies Chinese characteristics while exerting significant global influence.
Liu Xiaoming, deputy secretary of the CPC Hainan Provincial Committee and governor of Hainan Province, delivered a keynote speech outlining the strategic vision for the free trade port. He emphasized the importance of fostering an open economic environment, attracting international investments, and integrating advanced technologies to drive sustainable growth.
The press conference highlighted several key initiatives, including streamlined regulations, enhanced infrastructure, and incentives for foreign businesses to establish operations in Hainan. These measures are designed to position Hainan as a pivotal hub for international trade, innovation, and economic collaboration.
Media representatives engaged with Governor Liu during the Q&A session, seeking insights into the expected impacts on both the local and global economies. Governor Liu responded by outlining the anticipated benefits, such as increased job opportunities, technological advancements, and stronger economic ties between China and its global partners.
This strategic move aligns with China’s broader goals of economic modernization and greater integration into the global market, reinforcing its role as a key player in international trade and business.
Reference(s):
Live: Briefing on accelerating the development of free trade port
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