20 Departments Issued Papers To Support Hainan Free Trade Port System Exploration Will Usher In New Breakthroughs

On the 23rd, the Ministry of Commerce, the General Administration of customs, the General Administration of market supervision and other 20 departments jointly issued the notice on several measures to promote the trade liberalization and facilitation of Hainan free trade port (hereinafter referred to as the "notice"), focusing on two aspects of free and convenient trade in goods and services, and clarifying 28 policy measures. Among them, 13 are institutional arrangements to promote the free and convenient trade in goods, and 15 focus on the free and convenient design of service trade《 The implementation of the measures in the notice will help to promote Hainan's high quality and high standard, realize the phased development goal before 2025, and explore the path and accumulate experience for the future operation of the island's customs clearance.

Tang Wenhong, director general of the port Department of the free trade zone of the Ministry of Commerce, said that there were "three considerations" in formulating and Issuing the notice. First, the deployment requirements of the overall plan for the construction of Hainan free trade port (hereinafter referred to as the "overall plan") should be refined and implemented to promote the system integration and innovation of trade freedom and facilitation policies and systems; Second, to meet the construction needs of Hainan free trade port and respond to the actual demands of market entities; Third, promote the high-quality development of Hainan free trade port and achieve the phased development goal before 2025 with high standards.

Tang Wenhong summed up the content of the notice with "full of dry goods". In his opinion, the notice not only closely linked to the first attempt, but also highlighted the characteristics of Hainan, and coordinated development and security.

Among them, in the aspect of first trial, the overall plan proposes that we should make preparations for the operation of customs clearance before 2025, and timely start the operation of the whole island. Tang Wenhong said that this requires that Hainan free trade port should take the lead in implementing policies and systems for trade freedom and convenience under "first line" liberalization and "second line" control, as well as relevant supporting measures, in specific scope and some fields, so as to carry out pressure test for the future operation of the island's customs clearance.

He pointed out that the circular puts forward targeted relaxation arrangements for areas under "first line" liberalization and "second line" control, and promotes the release of development potential. For example, in the Yangpu free trade port area, the import and export of crude oil and refined oil through the "first line" will not be implemented, the enterprise qualification and quantity management will not be implemented, the imported sugar will not be included in the total tariff quota management, and the import and export of "second line" will be managed according to the current regulations. For example, in the implementation of "first-line" liberalization and "second-line" control areas, in principle, the automatic import license administration will be cancelled, the mechanical and electrical import license management measures will be cancelled, and the entry into the "second line" will be managed according to the current import regulations. These policies and measures will explore the path and accumulate experience for the future operation of the island wide customs clearance.

In terms of highlighting Hainan's characteristics, the circular focuses on the development of tourism, modern service industry and high-tech industry around the strategic positioning of "three zones and one center" in Hainan, and puts forward practical measures. At the same time, the circular also insists on overall development and safety, adheres to both "open" and "manageable", pays attention to innovating supervision mode and strengthening the construction of risk prevention and control system.

Sun Shiwen, Deputy Secretary General of Hainan Provincial People's government, said that the joint issuance of the notice by 20 ministries and commissions reflects the state's high attention to and full support for the construction of Hainan free trade port. Hainan will seize the great opportunity of policy implementation, fully and accurately understand the policy implications of the notice, and promptly formulate and promulgate various implementation rules, We will accelerate the establishment of a free trade port policy system focusing on trade freedom and facilitation.

Tang Wenhong said that free and convenient trade is a common feature of advanced international free trade ports, and is also the core content of Hainan free trade port policy system. The Ministry of Commerce and other 20 departments have issued and implemented the notice, which will help Hainan free trade port to expand its trade flow and move from "promising spring mountain" to "flourishing flowers" as soon as possible.