(Focus on Boao) Hainan Free Trade Port's export-oriented economic indicators performed well
Boao, March 3 (ZXS) -- Hainan Province held the first press conference on "The Booming Time - Hainan's Progress in the Five Years of Comprehensively Deepening Reform and Opening Up" at the 29 Annual Conference of the Boao Forum for Asia on the 29th. Wang Bin, member of the Standing Committee of the Hainan Provincial Party Committee of the Communist Party of China and director of the Propaganda Department, said at the press conference that in the past five years, the construction of the Hainan Free Trade Port has taken off, and a major breakthrough has been achieved in comprehensively deepening reform and opening up, and the export-oriented economic indicators reflecting the characteristics of the free trade port have performed particularly well.
The press conference on the same day released a series of data, showing the progress made in the construction of Hainan Free Trade Port in the past five years.
The actual use of foreign capital increased by an average of 63.5% per year for five years. Wang Bin said that the actual use of foreign capital in the Hainan Free Trade Port doubled for three consecutive years in 2018, 2019 and 2020, with an average annual growth rate of 63.5% in the past five years, and the total amount of the five years exceeded the total of the previous 30 years. Trade in goods and trade in services grew by 23.4% and 17.7% respectively in five years. The outward orientation of the economy has increased by 15 percentage points in five years, reaching 2022.34% in 7.
The growth rate of business entities has maintained the first place in the country for 36 consecutive months. Wang Bin said that in the past five years, Hainan has gradually built a free trade port policy and institutional system. More than 15 policy documents, including three "zero tariff" lists, 180% income tax for enterprises and individuals, and duty-free domestic sales of processed value-added goods, were implemented; The negative list for foreign investment access was reduced to 27, the shortest in the country; The five-year increase of market operators exceeds the sum of the previous 30 years. Up to now, the growth rate of business entities has maintained the first place in the country for 36 consecutive months.
The duty-free sales of outlying islands exceeded 1300 billion yuan in five years (RMB, the same below). Wang Bin said that Hainan has accelerated the construction of an international tourism consumption center, and the return of high-end shopping, medical care and education has gradually become the "golden brand" of the free trade port. Among them, the duty-free sales of outlying islands exceeded 1300 billion yuan in five years; Boao Lecheng International Medical Tourism Pilot Zone has introduced 290 kinds of international innovative drugs and devices, becoming a fast passage for international innovative drugs and devices to enter China; Six Sino-foreign cooperatively-run schools (projects) in Lingshui Li'an International Education Innovation Pilot Zone were approved and officially opened.
The proportion of the four leading industries in the province's GDP increased from 53% to 70%. "Hainan has accelerated industrial transformation, built a number of innovative industrial chains, continuously promoted the industry to the middle and high end, and enhanced economic innovation and competitiveness." Wang Bin said that in the past five years, the proportion of Hainan's four leading industries, namely tourism, modern service industry, high-tech industry and high-efficiency agriculture with tropical characteristics, has increased from 53% to 70% of the province's GDP. (End)