China News Service, April 12th. On the 12th, the State Council Information Office held a press conference on the progress of the Hainan Free Trade Port policy system. Hainan Governor Feng Fei said at the press conference that in the past three years, the explosive growth of foreign capital has become Hainan Free Trade A highlight of port construction, Hainan has become a "new hot spot" for global investment.

The picture shows the aerial photography of the roofing site of the steel structure of the Hainan International Energy Exchange Center.

Photo by China News Agency reporter Luo Yunfei

  Feng Fei uses "three multiplications" to illustrate.

The first "doubling" is that the actual use of foreign capital has doubled for three consecutive years, and the total amount has exceeded half of the total amount of the 30 years since the establishment of the special economic zone in Hainan.

  The second "doubling" is the doubling of foreign investment entities.

Last year, the number of newly established foreign-invested enterprises in Hainan Province exceeded 1,000, reaching 1,005, nearly three times the number in 2019.

Moreover, last year was a year severely affected by the epidemic, and it was not easy to achieve such a result.

  The third "doubling" is the doubling of the source of foreign capital. More than 80 countries and regions, including Russia, have invested in Hainan.

  Why has Hainan become a "new hot spot" for global investment?

Feng Fei used the "two most" to summarize Hainan's policy preferences.

The first "most" is the shortest negative list of foreign investment.

There are 33 in the country, 30 in the free trade zone, and 27 in Hainan.

The second "most" is the lowest corporate tax burden.

For example, corporate income tax, Hainan encouraged industrial enterprises enjoy 15% corporate income tax, and high-end talents enjoy up to 15% personal income tax. These two policies are unique in the country.