Real estate regulation successfully breaks through the barriers and breakthroughs in economic transformation-Hainan free trade port construction crisis opens a new stage
Xinhua News Agency, Haikou, January 28 (Reporters Liu Changlin and Wu Maohui) Since the start of the construction of the free trade port, Hainan has adhered to the strictest real estate regulation and control, overcoming the new crown pneumonia epidemic and other unfavorable factors. Driven by the positive effects of the free trade port, real estate The regulation successfully passed the barriers, and breakthroughs were made in economic transformation.
In 2020, Hainan's economic performance will improve quarter by quarter, with annual GDP growth of 3.5%.
Hainan's economic growth rate has exceeded the national average for the first time since 2018 with the determination to break away from the economy's dependence on real estate.
Huo Juran, director of the Department of Housing and Urban-Rural Development of Hainan Province, said that Hainan's economic restructuring has achieved initial results, and real estate regulation has reached the expected goal.
In the first 11 months of 2020, the proportion of real estate development investment fell to 39.2%, a year-on-year decrease of 2.2 percentage points. This further reduced the proportion of investment in GDP and changed the economic development model that relied solely on investment.
The gradual optimization of the investment structure brings continuous optimization of the industrial structure.
According to Wang Yu, deputy director of the Hainan Provincial Statistics Bureau, in 2020, Hainan will accelerate the construction of a modern industrial system dominated by tourism and modern service industries. The scale of the industry will continue to expand, and the service industry will contribute 95.8% to economic growth.
Wang Yu said that Hainan’s industrial development continues to accumulate new momentum, especially the growth rate of other for-profit service industries and wholesale and retail industries, which are based on emerging service industries, are both close to 20%, directly driving GDP growth by 3.6 percentage points in total; information transmission, software The rapid growth of emerging service industries such as information technology service industry, leasing and business service industry, and the two industries contributed to GDP growth by 1.6%.
"In 2020, Internet companies in the park will develop rapidly, e-commerce live broadcast, internet celebrity economy and other new formats will develop rapidly. The Hainan Free Trade Port internet celebrity incubation demonstration base has been unveiled." Ma Liang, deputy general manager of Hainan Fuxing City Industrial Park Investment Management Co., Ltd. Say.
As the main undertaking ground for Hainan's emerging industries, key parks have gradually become the "main battlefield" of economic activities in the province.
In terms of consumption, driven by tax-free consumption on outlying islands, Hainan's social consumption has grown against the trend under the impact of the new crown pneumonia epidemic.
In 2020, the actual total sales of duty-free shops on outlying islands will exceed RMB 32 billion.
Recently, Hainan Free Trade Port has issued intensive policies for profit-seeking enterprises, such as the “zero-tariff” list of raw and auxiliary materials, the “zero-tariff” list of vehicles and yachts, and the negative list of foreign investment access.
The “zero-tariff” list of imported consumer goods produced by enterprises for their own use and residents on the island and the negative list of cross-border trade in services are also expected to be implemented in the near future.
"The'zero tariff' of raw and auxiliary materials is a great benefit for enterprises!" said Xie Shengjie, director of the cultural and publicity department of Hainan Jinhai Pulp & Paper Co., Ltd.. After the introduction of the new policy, the imported wood chips required for the production of export products by enterprises will be exempted from import duties and import links. Value-added tax has greatly eased the pressure on corporate liquidity.
In 2020, Hainan's new registered enterprises, newly-added foreign-funded enterprises, and actual utilization of foreign capital all increased exponentially.
The actual use of foreign capital reached US$3.033 billion, doubling for three consecutive years, and the number of countries and regions investing in Hainan reached 80.