[Explanation] The "Overall Plan for the Construction of Hainan Free Trade Port" was announced for more than a year, and China has taken multiple measures to steadily advance the phased goal of achieving the island-wide customs clearance operation by 2025.

What are the similarities and differences between China's construction of a free trade port with Chinese characteristics in Hainan and other famous free trade ports in the world?

Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics, recently accepted an exclusive interview with China News Service on the "East and West Questions" to give an in-depth interpretation.

  [Concurrent] Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics

  What's the difference?

First of all, the background of the times is different. We are undergoing profound and complex changes in a new world political and economic structure. The world is facing major changes unseen in a century. Free trade ports are built under this structure, so we put free trade ports in the entire region for development. , Think about global development and a big strategy of China's domestic development.

  [Explanation] Chi Fulin pointed out that to build a free trade port with Chinese characteristics in Hainan, it is necessary to highlight China's basic political and economic systems.

  [Concurrent] Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics

  For example, under the leadership of the (Chinese Communist Party), building a free trade port on the premise of adhering to the basic socialist system is fundamentally different from other free trade ports.

  [Explanation] At present, Hainan is in the early stage of the construction of a free trade port, and there are still some challenges.

In Chi Fulin's view, if Hainan's geographical location and resource advantages can be fully utilized, the free trade port will have considerable potential for development.

  [Concurrent] Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics

  Not only must we see the 35,000 square kilometers (land) in the early stage, the construction of a free trade port on the island has certain arduousness and certain difficulties, but we must also see its resource advantages and its future industrial development. Room for maneuver.

  [Explanation] The current economic globalization is facing a countercurrent, and the epidemic has brought greater uncertainty to the economies of various countries.

Chi Fulin believes that China's promotion of the construction of the Hainan Free Trade Port can currently carry out more extensive cooperation with ASEAN and even the world in many fields.

  [Concurrent] Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics

  For example, the establishment of some regional commodity markets, such as the establishment of various regional factor markets, such as the establishment of regional talent exchange markets, etc., it makes Hainan Free Trade Port play a strategic and special role in connecting China with ASEAN A role.

If Hainan and ASEAN can establish a large regional market and become a strategic junction between the Chinese market and ASEAN, then it will attract the attention of global investors.

  [Explanation] Chi Fulin believes that the construction of a free trade port in Hainan should learn from the successful experience of Hong Kong, Singapore and other free trade ports.

  [Concurrent] Chi Fulin, Dean of China (Hainan) Reform and Development Research Institute and Dean of Free Trade Port Research Institute with Chinese Characteristics

  For example, in terms of institutional arrangements, I think we have a lot to learn from, such as the Singapore Home Ownership Scheme, which is this HDB housing plan.

Another example is the statutory institutions of its various colleges and universities, which play an important role in the reform of our administrative system.

Another example is its various professional legislation, so we need to study not only its open policy, but also some institutional arrangements directly related to this open policy.

  [Explanation] Chi Fulin said that the construction of the Hainan Free Trade Port is a major article focusing on the development of the next ten, twenty, and thirty years. It is necessary to prevent the tendency to rush for quick success and blind optimism.

If Hainan can find its position and play a special strategic role in connecting ASEAN and implementing the "One Belt One Road" initiative, it will gradually become a free trade port with strong competitiveness and influence.

  Reporter Wang Ziqian, Lin Shijie and Li Yufan reporting from Haikou, Hainan

Editor in charge: 【Luo Pan】