Xinhua News Agency, Beijing, June 1st: The Central Committee of the Communist Party of China and the State Council issued the "Overall Plan for the Construction of Hainan Free Trade Port" and issued a notice requesting all regions and departments to implement it seriously in light of the actual situation.

  The main contents of the "Overall Plan for the Construction of Hainan Free Trade Port" are as follows.

  Hainan is my country's largest special economic zone and has the unique advantage of implementing comprehensive deepening reforms and testing the highest level of openness policies. Supporting Hainan to gradually explore and steadily promote the construction of a free trade port with Chinese characteristics, and to establish a free trade port policy and system in steps and stages is a major reform and opening-up initiative that General Secretary Xi Jinping personally planned, deployed, and personally promoted. The domestic and international overall situation, in-depth research, overall consideration, and scientific planning to make strategic decisions. The world today is undergoing a new round of major developments, major changes and adjustments, protectionism and unilateralism are on the rise, and economic globalization is experiencing greater headwinds and turning waves. Building a free trade port in Hainan is the fundamental requirement to promote high-level opening and establish a new open economic system; it is an urgent need to deepen market-oriented reforms, create a rule of law, internationalize, and facilitate business environment; it is to implement the new development concept It is a strategic choice to promote high-quality development and build a modern economic system; it is a practical action to support economic globalization and build a community of shared future for mankind. In order to deeply implement the spirit of General Secretary Xi Jinping ’s important speech at the conference celebrating the 30th anniversary of the establishment of the Hainan Provincial Special Economic Zone, implement the requirements of the "Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Hainan ’s Comprehensive Deepening of Reform and Opening" and accelerate the construction of a high level of freedom with Chinese characteristics Trade Port, develop this plan.

  1. General requirements

  (1) Guiding ideology. Guided by Xi Jinping ’s socialist ideology with Chinese characteristics in the new era, fully implement the spirit of the 19th National Congress of the Party and the Second, Third, and Fourth Plenary Sessions of the 19th CPC Central Committee, adhere to the Party ’s overall leadership, adhere to the general tone of progress in stability, and adhere to the new Development concept, adhere to high-quality development, coordinate the overall layout of the "five in one", coordinate the promotion of the "four comprehensive" strategic layout, benchmark international high-level economic and trade rules, emancipate the mind, boldly innovate, focus on trade and investment liberalization and facilitation, Establish a policy system that is compatible with a high-level free trade port, build a special area of ​​customs supervision with international competitiveness and influence, and build Hainan Free Trade Port into a clear banner and important opening portal that will lead China's new era of opening to the outside world.

  (2) Basic principles

  —— Borrowing international experience. Adhere to a high starting point plan and high standard construction, actively adapt to the new trend of international economic and trade rules reconstruction, fully learn from the advanced management methods, management methods and institutional arrangements of international free trade ports, form an open policy and system with international competitiveness, and accelerate the establishment of The new open economic system enhances the role of regional radiation and builds the frontier of China's deep integration into the global economic system.

  ——Reflect Chinese characteristics. Adhere to the party's centralized and unified leadership, adhere to the path of socialism with Chinese characteristics, adhere to the people as the center, practice socialist core values, and ensure the correct direction of the construction of Hainan Free Trade Port. Give full play to the national system advantages of playing chess and concentrating on major affairs, mobilize the regional polarity and creativity of all parties, gather global high-quality production factors, and strive to achieve new breakthroughs in promoting institutional innovation, cultivating growth momentum, and building a new pattern of comprehensive opening. National strategic goals provide solid support. Strengthen exchanges and cooperation with Southeast Asian countries and promote joint development with the Guangdong-Hong Kong-Macao Greater Bay Area.

  ——According to Hainan positioning. Focusing on the strategic positioning given by the state to Hainan to build a comprehensive deepening reform and opening-up pilot zone, a national ecological civilization pilot zone, an international tourism consumption center, and a national strategic strategic service guarantee zone, give full play to Hainan ’s rich natural resources, unique geographic location, and backing the scale The advantages of the domestic market and the hinterland economy, seize the important opportunities of the new round of scientific and technological revolution and industrial transformation in the world, focus on the development of tourism, modern services and high-tech industries, and accelerate the cultivation of new advantages of cooperation and competition with Hainan characteristics.

  —— Highlight reform and innovation. Strengthen the awareness of reform and innovation, give Hainan greater autonomy for reform, support Hainan to promote reform and innovation in all directions, actively explore the establishment of more flexible and efficient laws and regulations, regulatory models and management systems that are suitable for the construction of free trade ports, and work hard to remove obstacles Obstacles to institutional mechanisms for the flow of production factors. Promote the opening-up of commodities and factor flows, accelerate the opening-up of regulations and other systems, and drive the deepening of reforms with a high level of opening. Strengthen the integration of the reform system, pay attention to coordination and advancement, make all aspects of innovation measures cooperate and complement each other, and improve the overall benefits of reform and innovation.

  -Adhere to the bottom line thinking. Persevere in playing steady, step by step, make overall arrangements for the opening rhythm and progress, mature one by one and launch one item, do not rush to seek success, quick success. Deepen the promotion of simplified administration and decentralization, combine decentralization with management, and optimize services, fully implement the system of convenient access and supervision by law, and establish regulatory standards and norms that are in line with international standards. Strengthen the identification of major risks and the prevention of systemic risks, and establish and complete supporting measures for risk prevention and control. Improve major epidemic prevention and control systems and mechanisms, and improve the public health emergency management system. Carry out normalized assessment work, correct errors and errors in a timely manner, and ensure that the construction direction of Hainan Free Trade Port is correct and healthy.

  (3) Development goals

  By 2025, initially establish a free trade port policy system focusing on free trade facilitation and free investment facilitation. The business environment has generally reached the first-class level in the country, the market main body has grown substantially, the industrial competitiveness has been significantly improved, the risk prevention and control is strong and effective, the laws and regulations adapted to the construction of free trade ports have been gradually improved, and the quality and benefits of economic development have been significantly improved.

  By 2035, the free trade port system and operation mode will be more mature, and the trade and investment rules featuring free, fair, rule of law, and high-level process supervision will be basically constructed to achieve free trade facilities, free investment facilities, and free cross-border capital flows. 1. Free and convenient access for people, free and convenient transportation and safe and orderly flow of data. The business environment is more optimized, the laws and regulations system is more perfect, the risk prevention and control system is more stringent, and the modern social governance pattern is basically formed, becoming a new highland of my country's open economy.

  By the middle of this century, a high-level free trade port with strong international influence will be fully established.

  (4) Scope of implementation. The implementation scope of Hainan Free Trade Port is the whole island of Hainan Island.

  2. System Design

  Focusing on trade and investment liberalization and facilitation, supported by the cross-border free and orderly safe and convenient flow of various production factors and the modern industrial system, supported by special tax system arrangements, efficient social governance systems and a complete legal system, On the premise of clarifying the division of labor and mechanism measures, and keeping the bottom line of no systemic risk, we will build a policy system of Hainan Free Trade Port.

  (1) Freedom and convenience of trade. Under the premise of achieving effective supervision, a special area for customs supervision of island-wide customs clearance operation shall be built. For trade in goods, the system of liberalization and facilitation with "zero tariff" as the basic feature is implemented. With regard to trade in services, the policy measures of liberalization and facilitation with the basic characteristics of both "access and access" are implemented.

  1. Let go of the "first line". Establish a "front line" between Hainan Free Trade Port and other countries and regions outside the border of the People's Republic of China. The “first-line” entry (exit) link strengthened safety access (outlet) supervision, and strengthened control of public health safety, national biological safety, food safety, and product quality safety at ports. On the premise of ensuring the fulfillment of the obligations stipulated in the international treaties concluded or participated in by my country, a list of goods and articles prohibited and restricted from import and export by the Hainan Free Trade Port shall be formulated. The goods and articles outside the list shall freely enter and exit, and the Customs shall supervise in accordance with law. Formulate a catalogue of imported taxable commodities in Hainan Free Trade Port, and goods outside the catalogue will be exempted from import duties when entering the free trade port. Transshipment goods shipped on intermodal bills of lading are not taxed or inspected. Goods and articles leaving the Hainan Free Trade Port shall be subject to export management. Implement convenient and efficient customs supervision and build a "single window" of high-standard international trade.

  2. "Second-line" control. Establish a "second line" between Hainan Free Trade Port and other areas within the borders of the People's Republic of China (hereinafter referred to as the Mainland). Goods entering the Mainland from the Hainan Free Trade Port will, in principle, go through the relevant procedures in accordance with the import regulations, and levy customs duties and import link taxes in accordance with the regulations. For goods produced by encouraged industrial enterprises that do not contain imported materials or contain imported materials and are processed at the Hainan Free Trade Port with a value-added of more than 30% (inclusive), entry into the Mainland via the "second-line" will be exempted from import tariffs, and import link value-added tax will be levied in accordance with regulations ,sale tax. The postal goods enter the mainland from the Hainan Free Trade Port, are regulated according to regulations, and are taxed according to regulations. Simplify import management for the transportation means of Hainan Free Trade Port to the mainland. Goods, articles and means of transportation enter the Hainan Free Trade Port from the mainland and are managed in accordance with domestic circulation regulations. There is no need to go through customs formalities for transiting goods from the Mainland through the Hainan Free Trade Port and then transporting them to the Mainland. They should be loaded and unloaded at the customs-supervised operation site (site) in the free trade port, stored separately from other customs-supervised goods, and set up obvious signs. The premises operating enterprise shall transmit information such as the entry and exit of goods to the customs in accordance with the needs of customs supervision.

  3. Freedom on the island. The Customs implements low-intervention, high-efficiency and precise supervision of enterprises and institutions in the Hainan Free Trade Port to achieve free production and operation of enterprises in the Free Trade Port. Transit goods that are shipped from overseas, reloaded, sorted and assembled through the Hainan Free Trade Port, and then shipped to other countries or regions, simplify the customs procedures. There is no storage period for the goods in Hainan Free Trade Port, and the storage location can be freely selected. For goods that implement "zero tariff", the customs is exempt from routine supervision.

  4. Promote the freedom and convenience of service trade. Implement a negative list system for cross-border service trade, remove various barriers existing in service trade modes such as cross-border delivery, overseas consumption, and movement of natural persons, and grant national treatment to overseas service providers. Implement a system of payment and transfer of funds supporting cross-border service trade. In terms of notification, eligibility requirements, technical standards, transparency, and regulatory consistency, we will further regulate domestic regulations that affect the freedom and convenience of trade in services.

  (2) Freedom and convenience of investment. Significantly relax market access for Hainan Free Trade Port, strengthen property rights protection, ensure fair competition, create an open, transparent and predictable investment environment, and further stimulate the vitality of various market players.

  5. Implementation of the market access commitment and entry system. Strictly implement "non-prohibition and entry", under the premise of "controllable", in principle, cancel the license and approval for areas with mandatory standards, establish a sound filing system, and market participants commit to comply with relevant requirements and submit relevant materials for After filing, you can carry out investment operations. The record acceptance agency shall assume the responsibility for review as soon as the record is received. Implementation of pre-entry national treatment plus negative list management system for foreign investment, greatly reducing the prohibition and restriction clauses.

  6. Innovate and improve the investment freedom system. Implement an investment facilitation system focusing on process supervision. Establishing establishment facilities based on electronic licenses, operating facilities based on "everything is necessary" and "no disturbance", cancellation facilities based on announcement commitments and optimization procedures, and bankruptcy facilities based on due diligence And other policy systems.

  7. Establish and improve a fair competition system. Strengthen the basic position of competition policy, and ensure that the market players of all types of ownership enjoy equal treatment in terms of factor acquisition, standard setting, entry permit, business operation, and preferential policies. Government procurement treats domestic and foreign companies equally. Strengthen and optimize antitrust law enforcement, break administrative monopolies, prevent market monopolies, and maintain fair competition in the market order.

  8. Improve the property rights protection system. Protect the rights of private, legal person property acquisition, use, disposal and inheritance according to law, as well as the right of the owner of the acquired property to receive compensation when the private and legal person property is acquired according to law. Implement the company law and other laws and regulations to strengthen the protection of small and medium investors. Increase the punishment of intellectual property rights infringement, establish and improve mechanisms for credit classification supervision and disciplinary punishment for market subjects in the field of intellectual property rights. Strengthen the application of blockchain technology in intellectual property transactions and certificate deposits, and explore new models suitable for the development of free trade ports.

  (3) Free and convenient cross-border capital flows. Adhere to financial services for the real economy, focusing on trade and investment liberalization and facilitation, opening capital projects in stages, and orderly promoting the free and convenient flow of Hainan Free Trade Port and overseas funds.

  9. Build a multi-functional free trade account system. Based on the existing domestic and foreign currency accounts and free trade accounts, Hainan Financial will open up a basic platform for opening up. Through the isolation of financial accounts, the establishment of an "electronic fence" of funds provides the basic conditions for the free and convenient flow of cross-border funds between Hainan Free Trade Port and overseas.

  10. Facilitate the flow of funds for cross-border trade and investment. Further promote the facilitation of cross-border goods trade, service trade and new international trade settlement, and realize the bank ’s authenticity review before the engagement is turned into an ex-post verification. In the cross-border direct investment transaction link, simplify management in accordance with the pre-entry national treatment plus negative list model, improve the convenience of registration and exchange in the exchange link, and explore new forms of cross-border investment management that meet market needs. In the field of cross-border financing, explore the establishment of a new foreign debt management system, pilot the foreign debt management framework of the merger transaction, improve the management of the registration system for foreign debt issuance of enterprises, fully implement the macro-prudential management of full-scale cross-border financing, and steadily expand the scope of cross-border asset transfers. Improve the level of foreign debt capital exchange facilitation. In the field of cross-border securities investment and financing, it focuses on serving the needs of investment and financing in the real economy, supports the development of Hainan ’s distinctive and comparative industries, and gives priority support in overseas listing and debt issuance to simplify exchange management.

  11. Expand the opening of the financial industry to the outside world. Take the lead in implementing the policy of expanding the opening of the financial industry in Hainan Free Trade Port. Support the construction of international energy, shipping, property rights, equity and other trading venues. Speed ​​up the development of settlement centers.

  12. Accelerate financial reform and innovation. Support the innovation and standardized development of housing leasing financial business, and support the development of real estate investment trust funds (REITs). We will steadily broaden various forms of industrial financing channels and relax the use of capital by foreign-funded enterprises. Innovative technology financial policies, products and tools.

  (4) Free and convenient access for personnel. According to the development needs of Hainan Free Trade Port, for high-end industrial talents, implement a more open talent and residence policy to create a high ground for talent gathering. Under the premise of effectively preventing and controlling hidden dangers related to foreign security risks, a more convenient entry-exit management policy will be implemented.

  13. Provide entry and exit facilities for foreign high-level talents in investment and entrepreneurship, lectures, exchanges, and economic and trade activities. Improve the international talent evaluation mechanism, use salary level as the main indicator to evaluate the type of human resources, and establish a market-oriented talent mechanism. The work permit for foreign personnel to go to the Hainan Free Trade Port is subject to negative list management, and the policy of suspending residence for foreign professional and technical personnel is relaxed. Qualified overseas personnel are allowed to serve as legal representatives of legal institutions, institutions and state-owned enterprises in Hainan Free Trade Port. Implement a loose temporary entry and exit policy for business personnel.

  14. Establish and improve a talent service management system. To achieve work permits, visa and residence information sharing and joint review and joint inspection. Promote the establishment of talent service centers, provide employment, education and life services to protect their legitimate rights and interests.

  15. Implement more convenient entry and exit management policies. Gradually implement a wider application of visa-free entry policy, and gradually extend the visa-free stay time. Optimize the entry and exit border inspection management, and provide businessmen and cruise yachts with convenient entry and exit customs clearance.

  (5) Free and convenient transportation. Implement a highly free, convenient and open transportation policy, promote the construction of a new international shipping hub and aviation hub in the western land and sea corridor, and accelerate the construction of a modern comprehensive transportation system.

  16. Establish a more free and open shipping system. Build the "China Yangpu Port" home port. Support Hainan Free Trade Port to carry out ship registration. Study and establish the shipping management system and seaman management system of Hainan Free Trade Port. Further relax airspace control and airway rights restrictions, optimize shipping routes, encourage increased delivery of capacity, and increase flight routes.

  17. Improve the level of transportation facilitation and service guarantee. Promote the joint boarding inspection of ships. Construct an efficient, convenient and high-quality flag state special supervision policy. Provide more high-quality and efficient financial services for ship and aircraft financing, remove restrictions on overseas financing of ships and aircraft, and explore the use of insurance to replace margin. Strengthen the construction of facilities and equipment related to transportation and customs clearance facilitation between the Mainland and Hainan Free Trade Ports, rationally staff, and enhance the level of freedom and convenience of transportation.

  (6) Safe and orderly flow of data. Under the premise of ensuring safe and controllable data flow, we will expand the openness of the data field, innovate the design of security systems, achieve full data aggregation, and foster the development of a digital economy.

  18. Orderly expand communication resources and business opening. Open up value-added telecommunications services, and gradually remove restrictions on foreign equity ratios. Enterprises that allow entities to register and service facilities within the Hainan Free Trade Port are allowed to conduct online data processing and transaction processing services for the entire free trade port and internationally, and gradually conduct business across the country under the premise of safe and controllable. Safe and orderly opening of basic telecommunications services. Carry out international Internet data exchange pilot projects, build international submarine optical cables and landing points, and set up international communication gateways.

  (7) Modern industrial system. Vigorously develop tourism, modern service industry, and high-tech industries, continue to consolidate the foundation of the real economy, and enhance industrial competitiveness.

  19. Tourism. Adhere to ecological priority and green development, focus on the construction of international tourism consumption center, promote the in-depth integration of tourism and cultural sports, health care, elderly care and health care, improve the development level of Boao Lecheng International Medical Tourism Pioneer Zone, support the construction of cultural tourism industrial park, and develop characteristics Tourism industry clusters, foster new tourism formats and new models, and create a global tourism demonstration province. Accelerate the development of Sanya to the home port of international cruises, support the construction of cruise tourism pilot areas, and attract international cruises to register. Establish a pilot zone for reform and development of the yacht industry. Support the creation of national tourist resorts and 5A scenic spots.

  20. Modern service industry. Gather elements of global innovation, deepen internal and external opening, and attract multinational companies to establish regional headquarters. Innovate the port management system and mechanism, promote the integration of port resources, expand the shipping service industry chain, promote the development of bonded warehousing, international logistics and distribution, re-export trade, bulk commodity trade, imported commodity exhibition, circulation processing, container unpacking, etc. Chain service management capabilities, build an international shipping hub, and promote the integrated development of ports, industries, and cities. Build Hainan International Design Island, science, technology, agriculture and medical international education innovation island, and regional international exhibition center, and expand the opening of professional service industry to the outside world. Improve the marine service infrastructure, actively develop marine logistics, marine tourism, marine information services, marine engineering consulting, maritime finance, maritime business, etc., and build an internationally competitive marine service system. Build a national foreign cultural trade base.

  21. High-tech industry. Focus on platform carriers, improve industrial energy levels, and focus on the development of the information industry with the Internet of Things, artificial intelligence, blockchain, and digital trade. Relying on Wenchang International Aerospace City and Sanya Deep Sea Science and Technology City, layout and construct major scientific and technological infrastructure and platforms to cultivate deep sea and deep space industries. Focus on the expansion of advanced manufacturing industries such as ecological and environmental protection, biomedicine, new energy vehicles, and smart cars. Give full play to the advantages of the national research and breeding base for southern breeding, build a global tropical agricultural center and a global transfer base for the introduction of animal and plant germplasm resources. Building smart Hainan.

  (8) Tax system. In accordance with the principles of zero tariff, low tax rate, simplified taxation system, strong rule of law, and stages, gradually establish a taxation system suitable for high-level free trade ports.

  22. Zero tariffs. Before the island-wide customs clearance operation, some import commodities are exempted from import duties, import link value-added tax and consumption tax. After the island-wide customs clearance operation and the deduction of the tax system, import tariffs are exempted for goods that are not allowed to be imported into the Hainan Free Trade Port.

  23. Low tax rate. Preferential corporate income tax rates are applied to enterprises that are actually operating in Hainan Free Trade Port. Preferential tax rates for personal income tax are applied to eligible individuals.

  24. Simplified taxation system. Combined with the direction of my country's tax reform, explore and promote the simplification of the tax system. Reform the tax type system, reduce the proportion of indirect taxes, achieve a simple and scientific structure of tax types, fully optimize the tax system elements, significantly reduce the level of tax burden, clear income attribution, and generally balanced fiscal revenue and expenditure.

  25. Strong rule of law. The tax administration department assesses and warns taxpayers in accordance with the principles of the location of real economic activities and the place of value creation, formulates concise and easy-to-implement criteria for the actual business location and location of residence, strengthens the identification of tax evasion risks, and prevents tax base erosion and profit transfer To avoid becoming a "tax haven". Actively participate in international tax collection and management cooperation and strengthen the sharing of tax-related information. Strengthen tax classification services and management in the tax field, and take corresponding measures against illegal and untrustworthy enterprises and individuals in accordance with laws and regulations.

  26. In stages. According to the different stages of the construction of Hainan Free Trade Port, the arrangement of zero tariff, low tax rate and simplified tax system will be implemented step by step to form an internationally competitive tax system.

  (9) Social governance. Focus on promoting the reform of government institutions and the transformation of government functions, encouraging the integration of technologies such as blockchain to the modernization of governance systems and governance capabilities, and building a complete, scientific, and effective free trade port governance system.

  27. Deepen the reform of government institutions. Further promote the reform of Hainan's large departmental system, integrate dispersed and similar functional responsibilities across departments, and promote the merger of departments with similar functions. Control the proportion of comprehensive administrative civil servants, the administrative staffing is inclined to the supervision department, and the market-oriented professional appointment system is implemented.

  28. Promote the transformation of government functions. Strengthen supervision legislation and enforcement, strengthen the application of the social credit system, deepen the "double random, one open" market supervision system, and insist on inclusive and prudential supervision of emerging formats. Give full play to the role of modern information technologies such as “Internet +”, big data, and blockchain, and standardize government service standards through the construction of platforms such as government services, realize government process reengineering and “one Internet connection” for government services, strengthen orderly sharing of data, and improve Service and governance level. The promises made by the government must be fulfilled earnestly. Those who fail to fulfil their promises or fail to implement them in a timely manner should be compensated or compensated in time.

  29. Create a social governance pattern of joint construction, co-governance and sharing. Deepen the reform of the household registration system, further relax the hukou relocation policy, and implement a residence permit system that uses the citizenship number as the unique identifier and is unified across the island. Give industry organizations greater autonomy and play an important role in the maintenance of market order, the formulation and implementation of standards, and the mediation of industry disputes. Give the community greater authority for grassroots governance and accelerate community service and governance innovation.

  30. Innovate the ecological civilization system and mechanism. Promote the construction of the National Ecological Civilization Pilot Area (Hainan), establish a system for efficient use of resources, and improve the natural resource property rights system and paid use system. Solidly promote the construction of national land spatial planning system, and implement differentiated natural ecological space use control. Improve the natural resource assets franchise rights and other systems in nature reserves, and explore the realization mechanism of ecological product value. Establish national parks such as tropical rain forests, and build a system of natural reserves with national parks as the main body. Explore the establishment of a government-led, enterprise and social participation, market-oriented operation, and sustainable ecological protection compensation mechanism. Accelerate the construction of a unified investigation, evaluation, monitoring and confirmation system for natural resources. Improve the ecological environment monitoring and evaluation system.

  (10) The rule of law system. Establish a free trade port rule of law system based on the Hainan Free Trade Port Law and an important composition of local regulations and commercial dispute resolution mechanisms to create a world-class free trade port rule of law environment.

  31. Formulate and implement the Hainan Free Trade Port Law. The various legal arrangements of the free trade port shall be clarified in legal form to provide principled and basic legal guarantees for the construction of the free trade port.

  32. Formulate laws and regulations for special economic zones. Under the premise of observing the constitutional provisions and the basic principles of laws and administrative regulations, Hainan is supported to fully exercise the legislative power of the special economic zones, base on the actual construction of free trade ports, and formulate regulations on special economic zones.

  33. Establish a diversified commercial dispute resolution mechanism. Improve the centralized trial mechanism for international commercial dispute cases, and provide a variety of non-litigation dispute resolution methods such as international commercial arbitration and international commercial mediation.

  (11) Risk prevention and control system. Formulate and implement effective measures to prevent major risks in the fields of trade, investment, finance, data flow, ecology and public health.

  34. Trade risk prevention and control. High-standard construction of open ports and "second-line ports" infrastructure and supervision facilities, increase the investment in information system construction and scientific and technological equipment, implement intelligent and precise supervision, rely on the island's "people flow, logistics, capital flow" information management system, social management The “three lines of defense” of the supervisory system and the port supervisory system form a Hainan social management information platform, which implements all-weather dynamic monitoring of non-gateway locations. Strengthen supervision in specific areas, set up comprehensive law enforcement points in areas where no port inspection agencies have been established, and monitor and handle real-time transportation tools, goods on and off, and articles. Goods, articles, personnel, means of transportation, etc. that enter and exit between the Hainan Free Trade Port and the Mainland must enter and exit from the port. Improve the configuration of port supervision equipment and facilities. The customs is responsible for the supervision and investigation of smuggling at ports and other customs supervision areas. The Hainan Provincial Government is responsible for the comprehensive anti-smuggling management work of the whole province, and evaluates the anti-smuggling comprehensive management work of the lower level governments. Establish anti-smuggling joint prevention and joint control mechanisms with Guangdong Province, Guangxi Zhuang Autonomous Region and other places.

  35. Investment risk prevention and control. Improve the process supervision system that is compatible with the investment rules, and strictly implement the review responsibility of the filing acceptance agency and the filing responsibility of the filing subject. Clearly strengthen the rules and standards of process supervision, consolidate supervisory responsibilities, implement effective supervision of the entire life cycle of investment and operation activities, implement inclusive and prudential supervision of new technologies, new industries, new formats, and new models; Implement key supervision. Establish and improve the legal liability system, and formulate severe disciplinary measures for the filing of false filing information and illegal operations. Implement a good review of foreign investment security, while creating a stable, transparent and predictable investment environment, and effectively prevent national security risks.

  36. Financial risk prevention and control. Optimize the financial infrastructure and financial legal environment, strengthen the protection of the rights and interests of financial consumers, and rely on the information management system for capital flow information to establish and improve a capital flow monitoring and risk prevention and control system. Establish a macro-prudential management system for cross-border capital flows in free trade ports, and strengthen the identification of major risks and the prevention of systemic financial risks. Strengthen the review of anti-money laundering, anti-terrorist financing and anti-tax evasion, study and establish a risk assessment mechanism for money laundering, and regularly assess the risk of money laundering and terrorist financing. Establish a financial supervision and coordination mechanism suitable for the construction of Hainan Free Trade Port.

  37. Network security and data security risk prevention and control. Deeply implement the network security level protection system, focus on safeguarding key information infrastructure and data security, improve the network security assurance system, and improve the network security assurance capabilities and levels related to the construction of Hainan Free Trade Port. Establish and improve the data outbound safety management system. Improve data flow risk management and control measures.

  38. Prevention and control of public health risks. Strengthen the construction of public health prevention, control and treatment systems, establish monitoring and early warning, emergency response platforms and decision-making command systems for infectious diseases and public health emergencies, and improve early prevention, risk assessment and timely handling capabilities. Strengthen the construction of the disease prevention and control system, build a provincial-level disease prevention and control center with high standards, establish the Hainan branch of the National Center for Tropical Disease Research, accelerate the construction of infrastructure at all levels of disease prevention and control institutions, and optimize the allocation of laboratory testing resources. Strengthen the construction of public health personnel, and improve the ability of monitoring and early warning, inspection and detection, on-site epidemiological investigation, emergency response and medical treatment. Build a three-level laboratory for biosafety protection and an infectious disease prevention and control institute, strengthen comprehensive detection and rapid screening capabilities, and optimize important health emergency supplies and capacity guarantee systems. Improve and optimize the major epidemic treatment system, build an infectious disease medical service network, rely on general hospitals or specialized hospitals to establish provincial and municipal infectious disease medical centers, and improve infectious disease medical centers and infectious disease hospital infrastructure and medical conditions. Focus on strengthening the capacity of medical services for infectious diseases at the grass-roots level, and improve the diagnosis and treatment capacity of infectious diseases in county-level general hospitals. Build a grid-oriented and compact medical group to promote the sinking of resources and the integration of medical and defense. Improve the standardization of basic-level medical and health institutions, strengthen the diagnosis and treatment of common diseases and common diseases, public health services and health management capabilities. Strengthen international health and quarantine cooperation and international epidemic situation information collection and analysis, improve port health and quarantine technical facilities, build first-class international travel health care centers, strictly implement the health declaration system for entry and exit personnel, and strengthen the transportation of vehicles from key countries or regions, Sanitation and quarantine of personnel, goods, and articles, strengthen joint prevention and joint control, and establish a quarantine line of defense at the port. Strengthen the monitoring of the global epidemic situation of infectious diseases, promote early warning of the risk of infectious diseases abroad, and strictly prevent the cross-border spread of major infectious diseases. Establish an overseas epidemic and epidemic situation and joint prevention and control mechanism for harmful organisms, coordinated by customs and other departments. Improve the ability of early warning and rapid response supervision of the quality and safety of import and export commodities, and improve the supervision of key sensitive import and export commodities.

  39. Ecological risk prevention and control. A strict entry and exit environment safety access management system shall be implemented to prohibit the import of foreign garbage. Promote the construction of medical waste and other hazardous waste disposal facilities, and improve the emergency preparedness and response capabilities of sudden ecological and environmental events. Establish and improve the environmental protection credit evaluation system.

  3. Step-by-step arrangement

  (1) Priority tasks before 2025. Focusing on trade and investment liberalization and facilitation, on the basis of effective supervision, the orderly advancement of the opening process will be promoted to facilitate the efficient and efficient flow of various elements, form an early harvest, and start the island-wide customs closure operation in due course.

  1. Strengthen the construction of special customs supervision areas. In the Yangpu Bonded Port Area and other qualified special customs supervision areas, we took the lead in implementing the import and export management system of “first line” opening and “second line” control. According to the needs of the construction of Hainan Free Trade Port, a special customs supervision area shall be established.

  2. Implement a zero tariff policy for some imported goods. In addition to the laws and regulations and related regulations that clearly exclude tax exemptions and national regulations prohibiting the import of goods, the company implements a "zero tariff" negative list management of production equipment imported for enterprise use; for islands imported for transportation, tourism, ships, Aircraft and other operational vehicles and yachts are subject to "zero-tariff" positive list management; for raw materials and materials imported on the island for consumption for production or for production and processing activities (or in the process of service trade) in the "two ends" mode, The implementation of a "zero tariff" positive list management; for the entry of goods consumed by residents of the island, the implementation of a positive list management, allowing tax-free purchases on the island. Goods and articles subject to "zero tariff" list management are exempted from import duties, import link value added tax and consumption tax. The contents of the list are dynamically adjusted by relevant departments according to Hainan's actual needs and regulatory conditions. Relax the tax-free shopping quota for outlying islands to 100,000 yuan per person per year, and expand the variety of tax-free goods.

  3. Reduce cross-border service trade restrictions. In the key areas, we will take the lead in regulating domestic regulations that affect the freedom and convenience of trade in services. Formulate and issue a negative list of cross-border service trade in Hainan Free Trade Port to give overseas service providers national treatment. Build Hainan International Intellectual Property Exchange, carry out system innovations in the areas of intellectual property transfer, utilization and taxation policies, and standardize the exploration of intellectual property securitization.

  4. Implement a "minimal approval" investment system. A special list for relaxing market access for Hainan Free Trade Port and a negative list for foreign investment access were formulated. For the foreign-invested enterprises established in the specific service industry field that was opened first, the geographical scope covered by the business operations shall be clarified. Establish and improve the national security review, industry access environmental standards and social credit system, and fully implement the "minimal approval" system. Deepen the reform of "separation of license and license". Establish and improve a process supervision system based on credit supervision and compatible with negative list management.

  5. Pilot reform of cross-border securities investment and financing policies. Support domestic enterprises registered in the Hainan Free Trade Port to issue stocks overseas based on domestic and overseas financing plans, give priority to supporting enterprises to raise debt through overseas issuance of bonds, and decentralize the management of the registration system for the filing of foreign debt issuance to the development and reform department of Hainan Province. Explore the development of cross-border asset management business pilots and improve the convenience of cross-border securities investment and financing exchange. The foreign exchange registration of overseas listing of enterprises in the Hainan Free Trade Port will be handled directly at the bank.

  6. Accelerate the opening of the financial industry to the outside world. Cultivate and enhance the ability of Hainan financial institutions to open to the outside world, and support the financial industry's opening to the outside world in Hainan Free Trade Port. Support qualified overseas securities fund futures institutions to set up wholly-owned or joint venture financial institutions in Hainan Free Trade Port. Support financial institutions to innovate financial products and improve service quality and efficiency based on the development needs of key industries such as Hainan's tourism, modern services, and high-tech industries. Rely on the construction of Hainan Free Trade Port to promote the development of related OTC derivatives business. Support Hainan to promote the construction of property rights trading premises under the premise of optimizing and upgrading existing trading venues, and study to allow non-residents to participate in transactions and settle funds in accordance with regulations. Support the established trading venues within the Hainan Free Trade Port to establish rules and institutional systems that are in line with international practices in terms of membership, trading, tax burden, liquidation, settlement, investor rights protection, and anti-money laundering. On the premise of complying with relevant laws and regulations, support the establishment of property insurance, personal insurance, reinsurance companies, mutual insurance organizations and self-insurance companies in Hainan Free Trade Port.

  7. Strengthen financial services' real economic capabilities. Support the issuance of corporate credit bonds, project income notes, and special housing lease bonds. Promote the pilot of securitization of high-quality tourism assets with stable cash flow. Support financial institutions to carry out business such as policy financing, warehouse receipt pledge loan, account receivable pledge loan, intellectual property pledge financing, etc. under the premise of legal compliance and effective prevention of risks. Support maritime high-tech enterprises to use equity and intellectual property rights to carry out pledge financing, and regulate and steadily develop shipping logistics financial products and supply chain financing products. Promote the research achievements in the fields of artificial intelligence, big data, cloud computing and other financial technologies in an orderly manner according to law in Hainan Free Trade Port. Explore the establishment of commercial medical insurance services that are linked to the international commercial insurance payment system. Support insurance financial institutions and overseas institutions to develop cross-border medical insurance products.

  8. Implement more convenient visa-free entry measures. The visa-free entry channel for foreigners has been expanded from invitations received by travel agencies to self-declaration by foreigners or invitation-free entry by units. Relax the restrictions on foreigners applying for visa-free entry, and allow foreigners to apply for visa-free entry into Hainan for business, visit, family visit, medical treatment, exhibition, sports and other reasons. A 15-day visa-free policy for foreign tourist groups to enter the country by cruise.

  9. Implement a more open shipping policy. Taking "Yangpu Port of China" as the home port, the inspection process is simplified, the statutory inspection of ships is gradually liberalized, the Hainan Free Trade Port International Ship Registration Center is established, and a convenient and efficient ship registration procedure is innovatively established. Remove the restrictions on the share ratio of foreign capital of ship registration entities. Under the premise of ensuring effective supervision and controllable risks, ships built within the territory of China registered in "Yangpu Port of China" and engaged in international transportation shall be deemed to be exported and tax rebates shall be granted. For domestic vessels engaged in domestic and foreign trade on the same ship with Yangpu Port as a transit port, it is allowed to refill the bonded oil required for this voyage; the export tax rebate policy is applied to the local production of fuel oil required for this voyage. For container cargoes that meet the conditions and transit via Yangpu Port, the tax rebate policy for the port of departure will be tried out. Accelerate the integration of Qiongzhou Strait port and shipping.

  10. Implement a more open air transport policy. On the basis of reciprocity, promote the realization of the third and fourth air rights to and from Hainan in the bilateral air transport agreement, and expand Hainan free trade, including the fifth air rights, in accordance with China's overall air transport policy The necessary navigation rights arrangements for port construction. Support the pilot opening of the seventh navigation rights in Hainan. Airlines of relevant countries and regions are allowed to carry passenger and cargo services from Hainan to third countries (regions). Carry out intermodal transportation of air international transfer passengers and their luggage. Support the main base airlines located in Hainan to develop international routes. Bonded jet fuel is allowed for flights from Hainan to and from the island.

  11. Facilitate data flow. Under the framework of the national data cross-border transmission security management system, carry out pilots for data cross-border transmission security management, and explore the formation of a mechanism that can both facilitate data flow and ensure security.

  12. Deepen industry opening up. Support the development of the headquarters economy. The China International Consumer Goods Fair is held, and foreign exhibits at the national level are subject to tax exemption policies for import and sale during the exhibition period. The tax exemption policies are specifically formulated by the relevant departments. Support Hainan to vigorously introduce foreign high-quality medical resources. Summarize the experience of piloting the construction of regional medical centers, and research and support the construction of regional medical centers in Hainan. Overseas high-level universities and vocational colleges in agriculture, medicine and medical sciences are allowed to run independently in Hainan Free Trade Port and set up international schools. Promote the introduction of well-known foreign universities in key domestic universities to host Chinese-foreign cooperatively-run schools with independent legal personality in Hainan Free Trade Port. Build Hainan National Blockchain Technology and Industrial Innovation Development Base.

  13. Optimize tax policy arrangements. From the date of the issuance of this plan, for the encouraged industrial enterprises registered in Hainan Free Trade Port and substantively operating, the enterprise income tax will be reduced by 15%. For the tourism, modern service industry, and high-tech industrial enterprises established in Hainan Free Trade Port, the income derived from the new overseas direct investment before 2025 will be exempted from corporate income tax. For qualified capital expenditures of enterprises, deduction or accelerated depreciation and amortization are allowed before the current one-time tax incurred in the current period. High-end talents and talents in short supply who work in Hainan Free Trade Port will be exempted from the portion where the actual personal income tax burden exceeds 15%. The list management of high-end talents and talents in short supply who enjoy the above preferential policies will be formulated by the Hainan Provincial Ministry of Commerce and Finance and the State Administration of Taxation.

  14. Strengthen the central financial support. The central government arranges comprehensive financial subsidies to make up for the reduction of local fiscal revenue. Hainan is encouraged to issue local government bonds within the limits approved by the State Council to support the construction of free trade port projects. On the premise of effectively preventing risks, we will steadily increase the Hainan local government's special bond issuance quota to support major infrastructure construction. Encourage the issuance of local government bonds at Hainan Free Trade Port to eligible overseas investors worldwide. Hainan will co-ordinate the central funds and its own financial resources to establish the Hainan Free Trade Port Construction Investment Fund, which will operate in a government-led and market-oriented manner.

  15. Give full legal authority. The various reform policy measures proposed in this plan, which involve the adjustment of existing laws or administrative regulations, shall be implemented after the unified authorization of the National People's Congress and its Standing Committee or the State Council. Study and simplify the working procedures for adjusting existing laws or administrative regulations, and promote the implementation as soon as possible. Authorized Hainan to enact regulations on the cancellation of commercial affairs of free trade ports, bankruptcy regulations, fair competition regulations, and expropriation regulations. Accelerate the formulation of the Hainan Free Trade Port Law.

  16. Strengthen land and sea security. To authorize Hainan not to break through the important indicators such as the ecological protection red line, permanent basic farmland area, the amount of cultivated land and forest land, the total scale of construction land and other important indicators of Hainan Province ’s national spatial planning, and to ensure that the quality does not decrease, in accordance with the conditions prescribed by the state The layout adjustment of the cultivated land, permanent basic farmland, forest land and construction land of the whole province is approved and incorporated into the national land spatial planning of Hainan Province, cities and counties. Actively promote the integrated and coordinated development of urban, rural and reclamation areas and the new model of land use for small town construction, and promote the capitalization of agricultural land. Establish an intensive and economical land use system, evaluation criteria, and a policy system for the active disposal of stock construction sites. Summarize and promote the experience of the three pilot rural land system reforms in Wenchang, and support Hainan to promote the rural land system reform in the province. The sea demand for major national projects is guaranteed according to law.

  17. Make preparations for the closure operation. To formulate a catalogue of imported taxable commodities for Hainan Free Trade Port, a list of restricted import goods, a list of prohibited import goods, a list of restricted export goods, a list of prohibited export goods, management methods for means of transportation, and the format of customs clearance documents with the Mainland 1. Operation procedures for customs clearance with the mainland customs, operation procedures for export customs clearance, etc., increase opening ports to the outside world, and build supporting facilities for island-wide customs clearance operations.

  18. Start the island-wide customs clearance operation in due course. Before 2025, timely and comprehensively carry out an assessment of the preparations for the island's customs closure operation to check for security loopholes. After the conditions are ripe, the island-wide customs closure operation will be implemented, and no special customs supervision areas such as Yangpu Bonded Port Area and Haikou Comprehensive Bonded Area will be retained. The relevant supervision implementation plan shall be separately formulated by the relevant departments. At the same time as the island-wide customs clearance operation, the current value-added tax, consumption tax, vehicle purchase tax, city maintenance and construction tax and education surcharge and other taxes and fees were consolidated, and work related to the collection of sales tax in the retail chain of goods and services was initiated.

  (2) Priority tasks before 2035. Further optimize and improve the opening policy and related institutional arrangements to fully realize free trade facilitation, free investment facilitation, free flow facilitation of cross-border capital flows, free and convenient personnel entry and exit, free and convenient transportation and safe and orderly flow of data, and promote the construction of a high-level free trade port .

  1. Realize free trade facilitation. Further innovate the customs supervision system, establish a non-tariff trade measure system that is compatible with the overall national security concept, establish a free entry and exit, safe and convenient cargo trade management system, and realize the free and convenient entry and exit of overseas goods at the Hainan Free Trade Port. Establish and improve relevant systems for cross-border payment business, create a good market environment for payment services, improve the efficiency of cross-border payment services, and promote the liberalization and facilitation of cross-border service trade in accordance with laws and regulations.

  2. Realize investment freedom and convenience. Except for areas involving national security, social stability, ecological protection red lines, major public interests, and other countries that implement access management, investment access is fully liberalized. In areas with compulsory standards, establish a "standard system + commitment system" investment system, and market participants can make investment and business activities by making commitments to meet relevant requirements.

  3. To achieve free and convenient cross-border capital flow. Non-financial enterprises that meet certain conditions are allowed to borrow foreign debt independently according to actual financing needs, and ultimately achieve full convertibility under the external debt of non-financial enterprises in Hainan Free Trade Port.

  4. Realize free and convenient access for personnel. Further relax restrictions on the free entry and exit of personnel. We will implement a more relaxed policy for temporary entry and exit of business personnel and a convenient work visa policy, and further improve the residence system.

  5. Realize free and convenient transportation. Implement a special ship registration review system. Further relax airspace control and airway restrictions. Encourage domestic and foreign airlines to increase capacity and increase air routes. According to the bilateral air transport agreement, when reviewing foreign airlines ’operating licenses for international routes, priority is given to issuing international airline flight permits to Hainan.

  6. Realize the safe and orderly flow of data. Innovate data outbound security system design, and explore more convenient personal information security outbound assessment methods. Carry out institutional docking of personal information entry, explore the joining of regional international data cross-border flow system arrangements, and improve the convenience of data transmission. Actively participate in the formulation of international rules for cross-border data flow, and establish standards and rules for data validation, data transactions, data security, and blockchain finance.

  7. Further promote the reform of the fiscal and taxation system. For enterprises registered in Hainan Free Trade Port and substantively operating (except for negative list industries), the enterprise income tax is reduced by 15%. For individuals who have accumulatively lived in Hainan Free Trade Port for 183 days within a tax year, they obtain comprehensive income and operating income derived from the scope of Hainan Free Trade Port, and levy individuals at three progressive tax rates of 3%, 10%, and 15%. Income tax. Expand the local tax management authority in Hainan. Corporate income tax and personal income tax are regarded as shared revenue between the central government and local governments, and sales tax and other domestic tax revenues are regarded as local revenues. Authorize Hainan to voluntarily reduce, exempt, and postpone government funds except for ecological compensation according to the development needs of free trade ports, and independently set up enterprise-related administrative fee-charging projects. Central administrative fees shall be implemented in accordance with the unified regulations of the central government. The central fiscal support policy was adjusted accordingly in light of changes in the tax system and increased support. Further research and improvement of the subsidy policy framework will provide a reference for my country to participate in the formulation of international rules in the field of subsidies.

  4. Organization and implementation

  (1) Strengthen the overall leadership of the party. Persist in arming the minds of party members and cadres with Xi Jinping's socialist ideology with Chinese characteristics in the new era, earnestly implement the decision-making and deployment of the Party Central Committee and the State Council, strengthen the "four consciousnesses", strengthen the "four self-confidences", and achieve "two maintenances" Establish and improve the party's leadership system and mechanism for the construction of Hainan Free Trade Port, give full play to the party's overall role and coordinate the role of all parties, and strengthen the party's leadership in all areas and aspects of the construction of Hainan Free Trade Port. Taking the party's political construction as the guide and focusing on enhancing organizational power, the quality of the party's construction will be comprehensively improved to provide a strong political guarantee for the construction of Hainan Free Trade Port. Strengthen the construction of grassroots party organizations, guide the majority of party members to play a vanguard and exemplary role, and build grassroots party organizations into a strong fighting bastion for Hainan to promote the construction of free trade ports. Improve the cadre assessment and evaluation system that reflects the new development concept and the correct view of political achievements, establish an incentive mechanism and a fault-tolerance and error-correction mechanism, and clearly support the cadres who dare to take responsibility, do things practically, and do not seek private gains. Integrate socialist core values ​​into all aspects of economic and social development. Persevere in pursuing discipline, strengthening discipline inspection and supervision, and creating a good environment with a clean atmosphere.

  (2) Improve the implementation mechanism. Under the guidance of the Leading Group for Promoting Hainan's Comprehensive Deepening of Reform and Opening Up, Hainan Province must earnestly fulfill its main responsibilities, strengthen organizational leadership, and make every effort to promote the construction of Hainan Free Trade Port. The relevant units of the central and state organs should actively guide the construction of the Hainan Free Trade Port in accordance with the requirements of this plan, further refine relevant policy measures, formulate and implement implementation plans, and ensure that the policies are effective. The Office of the Leading Group for Promoting Hainan ’s Comprehensive Deepening of Reform and Opening up led the establishment of a working group to guide the construction of Hainan ’s Free Trade Port. The National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the People ’s Bank of China, the General Administration of Customs and other departments sent cadres in Hainan to guide the development on the ground. The construction of the free trade port shall be reported to the leading group in a timely manner. The Development Research Center of the State Council organized a full-process evaluation of the construction of the Hainan Free Trade Port, led the establishment of an expert advisory committee, and offered suggestions for the construction of the Hainan Free Trade Port.

  (3) Steady advancement of policy implementation. Intensify supervision and implementation, and implement various policies and measures to achieve results. Seriously study and properly solve the new situation and new problems encountered in the construction of Hainan Free Trade Port, do a good job of piloting some major policy measures, and actively and steadily promote the implementation of the plan.