The construction of Hainan Pilot Free Trade Zone (Port) ushered in policy dividends。

November 14th afternoon，The fifth meeting of the Central Committee for Comprehensive Deepening Reforms reviewed and approved the "Implementation Plan for the Innovation-Driven Development Strategy of Hainan Province"、"Implementation Plan for Building an International Tourism Consumption Center in Hainan Province"、"Implementation Plan for Relevant Fiscal and Taxation Policies to Support Hainan's Comprehensive Deepening of Reform and Opening Up"、"Measures for the Management of Comprehensive Financial Subsidy Funds to Support Hainan's Comprehensive Deepening of Reform and Opening Up"、"Work Plan on Adjusting the Duty-Free Shopping Policy for Visitors from Hainan Outlying Islands"。

President Xi Jinping emphasized in his keynote speech at the first China International Import Expo，China will promptly study and propose Hainan step-by-step、Building free trade port policies and institutional systems in phases，Accelerate the process of exploring and building a free trade port with Chinese characteristics。This is a major measure for China to expand its opening up，Will lead to the formation of a new 188bet online sports betting pattern of reform and opening up at a higher level。

Li Shijie, deputy dean of the School of Economics and Management of Hainan University, told a reporter from the 21st Century Business Herald，This signal is very clear，It is the central government’s hope that Hainan will speed up the exploration of a free trade port with Chinese characteristics。

Said Bai Ming, deputy director of the Institute of International Markets, Research Institute of the Ministry of Commerce，The current reform and opening up urgently needs to reach a new level on the occasion of the 40th anniversary，Hainan is responsible for exploring and building a free trade pilot zone (port)，It’s the central government’s bold attempt、A specific starting point for bold venture。

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Li Shijie thinks，The "Hainan Province Innovation-Driven Development Strategy Implementation Plan" adopted at this meeting，Closely related to the previous "Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Hainan in Comprehensively Deepening Reform and Opening Up" (hereinafter referred to as the "Guiding Opinions")。The "Guiding Opinions" provide a detailed explanation of Hainan's implementation of innovation-driven development strategy。

In Li Shijie’s view，Innovation-driven strategy is related to Hainan’s development positioning，Development logic must be combined with Hainan’s advantages，Tropical Agriculture、Ocean、The aviation industry is Hainan’s advantage or feature。

Bai Ming thinks，Judging from the current situation，The biggest shortcomings of Hainan’s innovation-driven strategy are talents and business environment。“Hainan has indeed realized 188bet online sports betting its shortcomings，And made great efforts to improve。”

The policy supporting the "Hundred Days Investment Promotion" campaign launched by Hainan earlier is "Millions of Talents Going to Hainan"，Provides huge preferential policies to attract talents to settle in Hainan、Startup。

Li Shijie thinks，Talent is Hainan’s shortcoming，Resulting in insufficient motivation for innovation，But it also forces Hainan to carry out innovation system reform to a certain extent。

“The Central Committee mentioned，Hainan wants to establish an international offshore innovation and entrepreneurship demonstration zone，And establish a scientific and technological innovation management system and an international scientific and technological cooperation mechanism that are in line with the laws of scientific research，This provides Hainan with a good innovation-driven development direction。”Li Shijie’s analysis of 21st Century Business Herald reporters，In fact, there is no need to engage in "human sea tactics"，The previous thinking of “piling people and piling money” may not be suitable for the development of Hainan。

In the opinion of the interviewed experts，The most urgent thing Hainan needs to solve is to create internationalization、Legalized business environment，We must use unconventional thinking in this attempt。

The central government increases fiscal and taxation support

This meeting also reviewed and approved the "Implementation Plan for Hainan Province to Build an International Tourism Consumption Center"、"Implementation Plan for Relevant Fiscal and Taxation Policies to Support Hainan's Comprehensive Deepening of Reform and Opening Up"、"Measures for the Management of Comprehensive Financial Subsidy Funds to Support Hainan's Comprehensive Deepening of Reform and Opening Up"、"Work Plan on Adjusting the Duty-Free Shopping Policy for Visitors from Hainan Outlying Islands"。

In Bai Ming’s opinion，Hainan compared to other provinces in the country，Limited resources、The 188bet app level of economic development is average。At the same time，Be bold and bold、There are many things to try boldly，In this case, the central government should give Hainan more resources。

Bai Ming said，This meeting made one thing clear，That is, the central government gives Hainan a certain degree of freedom，Give Hainan full authorization and loosen its restrictions，Increase support for Hainan’s finance and taxation，And strengthen the fund management of Hainan’s comprehensive financial subsidies。

Liu Xiangdong, associate researcher at the Economic Research Department of the China Center for International Economic Exchanges, previously told the media，Hainan Province has formulated action plans and plans to gradually promote the construction of a free trade port。It is expected that the construction of the free trade port will be completed in the financial sector by the end of the year、Medical、Further deepening reform and opening up in tourism and other fields，Practice trials on multiple open policies，Achieving integration with international free ports based on the construction conditions of free trade ports。

Li Shijie is not surprised that the central government approved the “fiscal and tax policy” plan，He submitted a tax reform policy proposal to the Hainan Provincial Government a few months ago。

“To explore China’s free trade ports, you must try something on the tax system，Certain policy advantages for Hainan，Attract global companies to settle in Hainan。”Li Shijie suggested implementing a relatively low-tax tax system in Hainan。He thinks，Looking from several documents reviewed and approved at this meeting of the Central Committee for Deepening Reform，The central government is increasingly 188bet online sports betting determined to build Hainan into a new highland for China’s reform and opening up。

“The reform of the fiscal and taxation system is an important pillar for Hainan to explore a free trade port，Once completed，One of Hainan’s four beams and eight pillars has already been erected。Once Hainan’s tax rate drops，It is likely to face a lot of financial pressure，That’s why the central government will financially support Hainan to overcome financial difficulties。"Li Shijie said。

*Source of this article: 21st Century Economic Report, author: Li Zhen, original title: "Hainan welcomes policy dividends again. The meeting of the Central Committee for Deepening Reform decided to increase fiscal and taxation support》.