The State Council Information Office of the Chinese mainland held a press conference today focusing on deepening reform and opening up, and accelerating the development of a free trade port with Chinese characteristics and global influence.
Liu Xiaoming, deputy secretary of the Communist Party of China (CPC) Hainan Provincial Committee and governor of Hainan Province, delivered a keynote speech and engaged with the media during the briefing.
Governor Liu highlighted the strategic importance of the Hainan Free Trade Port in China’s ongoing efforts to promote economic globalization and foster international trade. He emphasized that developing the free trade port is a critical step in establishing a new highland for reform and opening up, which will contribute to global economic recovery and provide new opportunities for international investors.
The free trade port in Hainan aims to implement policies that facilitate free trade, investment, cross-border capital flows, and the movement of people. Liu Xiaoming discussed specific measures to enhance policy support, streamline administrative procedures, and create a world-class business environment. He also addressed questions from domestic and international media representatives, outlining the province’s plans to attract foreign investment and talent.
This press conference underscores China’s commitment to integrating with the global economy and providing new platforms for international cooperation. The Hainan Free Trade Port is expected to play a pivotal role in connecting Asian markets with the rest of the world, offering significant opportunities for businesses, investors, and travelers.
Reference(s):
Live: Briefing on accelerating the development of free trade port
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