China News Agency Haikou, June 5th (Reporter Wang Ziqian) China's construction of a free trade port with the highest level of openness, the most international competitiveness and the most distinctive characteristics in Hainan, what does it mean for the region and the world? Experts pointed out that Hainan’s positioning as China’s most open province has strengthened its position as an important opening door to the Pacific and Indian Oceans, and will create rare historical opportunities for China to cooperate with Southeast Asian countries and areas along the “Belt and Road”.

  The "Overall Plan for the Construction of Hainan Free Trade Port" proposes that Hainan Free Trade Port should be built into a clear banner and an important opening door leading China's new era of opening up, and it is clear that Hainan will strengthen exchanges and cooperation with Southeast Asian countries.

  Against the backdrop of the current severe outbreak of new pneumonia, the Hainan Free Trade Port has created many opportunities for regional cooperation.

  Wu Shicun, president of the China South China Sea Research Institute and vice president of the China Free Trade Port Research Institute, analyzed that opportunities firstly lie in Hainan’s ability to give full play to the opening-up policies of the free trade port in agriculture, trade and other fields, and deepen Cooperation in agricultural technology, tropical agricultural industrial parks, and agricultural management personnel training will extend the industrial chain of tropical agriculture and increase added value.

  Second, the construction of Hainan Free Trade Port will help optimize the allocation of resources in the region and accelerate the process of investment and trade liberalization. Promote the cross-border flow cooperation between Hainan and even China and the countries along the “Belt and Road” funds and technologies. It will also provide capital and technology from outside the region for countries in Southeast Asia and promote the flow of production factors in the region and the rest of the world. New platform.

  Cao Yuanzheng, chairman of BOC International Research, believes that the China-ASEAN Free Trade Area has been established for nearly 10 years, but it is still only a vertical cooperation, and horizontal economic ties are very weak. With Hainan Free Trade Port and the Pan-South China Sea region taking marine economic cooperation as the main axis, new mechanisms can be gradually established in the fields of navigation and commerce, and a new horizontal cooperation mechanism can be formed. At the same time, Hainan must seize the opportunities for education and medical care given by the construction of the Free Trade Port With the exchange of talents and technology as the main axis, it will expand the development space of the tourism industry and form a commanding height to lead horizontal cooperation.

  Tourism is a vigorously developed industry in Hainan Free Trade Port, and there is also potential for regional cooperation. Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics, predicts that in the future, the South China Sea will become a large market for cooperation between Hainan and the countries and regions around the Pan-South China Sea. The cooperation space is broad, which will help to form the Pan-South China Sea tourism cooperation circle and promote the formation of the Pan-South China Sea economic cooperation circle.

  Experts believe that Hainan Free Trade Port, an important fulcrum of the Maritime Silk Road, will not only play a more important role in the “Belt and Road” initiative, but also provide a series of cooperation spaces.

  Wu Shicun pointed out that under the influence of the epidemic, it will be an urgent issue for the emerging economies along the “Belt and Road” to tap the economic growth momentum. The construction of Hainan Free Trade Port focuses not only on cutting-edge technological innovations such as biotechnology and new energy, but also on management system innovations such as cross-border capital flows and relaxing market access. It will help to gain a favorable position in the industrial chain adjustment, economic recovery and a new round of industrial revolution after the epidemic."

  He added that the Hainan Free Trade Port also creates good opportunities for deepening cooperation between China and the countries along the “Belt and Road” in the field of marine affairs and promoting the integration and development of the regional marine economy. Hainan promotes interaction, exchange, cooperation and integration with the areas along the “Belt and Road” in the marine industry, port economy, marine interconnection, marine environmental protection and other fields, which is the only way to tap the economic growth points in the new period. (Finish)