Widen the opening-up of the finance sector Meanwhile, the plan stressed the need to carry out system innovations in the areas of intellectual property transfer, utilization, and taxation policies, and standardize the exploration of intellectual property securitization, by building the Hainan International Intellectual Property Exchange. The port will formulate and issue negative lists of the cross-border services trade to treat overseas service providers with national treatment, and remove various barriers existing in services trade modes such as cross-border delivery, overseas consumption and movement of natural persons, and grant national treatment to overseas service providers. In the key areas, Hainan will take the lead in regulating domestic rules that affect the freedom and convenience of the services trade. Reduce limitations on cross-border services trade Hainan will pull out a list of goods and articles prohibited and restricted from import and export by the port, while the goods and articles outside the list shall enter and exit freely .Īdditionally, a catalog of imported taxable commodities will also be formulated, but goods outside the catalog will be exempted from import duties when entering the free trade port. The island will be built as a convenient and efficient "single window" while dealing with imports and exports with overseas countries. The plan says Hainan will establish more special custom supervision regions to help the island implement more flexible import-export management. Among dozens of policies in the plan, the following are the ones seen as taking lead in the free trade port: It lists plenty of work emphasis in periods stretching to 2035. The plan aims to facilitate free trade, investment and cross-border capital flows in Hainan and says designated imported goods will be exempted from tariffs on the whole island. He urged the local government of Hainan to act boldly and proactively to accomplish the goal of laying a solid foundation for the construction of the Hainan free trade port, while the central government should support Hainan's daring reforms and innovation, pushing for new achievements in the construction of the port.
The president said institutional integration will be prioritized to free people's minds to make bold innovations and ensure sustainable progress.
0 kommentar(er)
