RE:Shen Xiaoming: Hainan free Trade Port should be the intersection of two cycles
"russiaflag published on 2020-12-29 09:13:16
Since the beginning of this year, General Secretary Xi Jinping has repeatedly stressed the need to foster a new pattern of development in which both domestic and international cycles play a dominant role and both domestic and international cycles reinforce each other. The just-concluded Central Economic Work Conference made important arrangements for economic work. In order for Hainan to implement the spirit of the meeting, a very important task is to integrate the construction of hainan Free Trade Port into the new development pattern.Have a deep understanding of the internal unity of hainan free trade port construction and the new development patternThe new development pattern emphasizes the major domestic circulation as the main body, and Hainan free trade Port should create a bright banner and an important open door leading China's opening to the outside world in the new era. Careful study of the connotation of the two, it is not difficult to find that although the emphasis is different, but objectively there is internal unity.First, the new pattern of development is not a closed domestic cycle, but a more open domestic and international cycle. The new pattern of development emphasizes the strategic basis of expanding domestic demand. It is not about not opening up to the outside world or abandoning foreign markets. It is based on the objective reality of the intensifying trend of anti-globalization and meets the growing demand of the people for a better life and the growing trend of improving the quality and upgrading of China's consumption.Second, the new development pattern should adhere to the strategic direction of supply-side structural reform, and create a higher level of dynamic balance between demand pulling supply and supply creating demand. To achieve this goal, a higher level of openness is needed. On the one hand, we should remove the institutional barriers that hinder the flow of factors of production and attract more factors of global resources into China. On the other hand, it is a major task for Hainan to promote the establishment of a fair, reasonable and transparent system of international economic and trade rules, promote trade and investment liberalization and facilitation, and promote further opening up, exchanges and integration of the global economy, from opening up based on the flow of goods and factors to institutional opening based on rules and regulations.Strive to build Hainan free trade Port into the intersection of domestic and international cyclesIf the two domestic and international cycles are compared to an "8" figure, Hainan free Trade Port has the conditions to become the intersection point, because Hainan has special advantages.First, location advantage. Although hainan is located in the southernmost part of China, from a global perspective, it is just the middle node connecting China and southeast Asia's two most active regions. From Hainan, a 4-hour flight can cover 21 Asian countries and regions, covering 47% of the global population and 30% of the world's GDP. An 8-hour flight can cover 59 countries and regions, covering 67% of the global population and 41% of the world's GDP.Second, policy advantages. Hainan FREE Trade Port adheres to high-level international economic and trade rules, and enjoys special opening-up policies in terms of taxation and cross-border free flow of factors. Hainan will with foot to use these policies to attract domestic and foreign goods, capital, talent, technology and other kinds of factors of production, through the hainan this node platform is convenient in and out of the domestic and international market, making hainan is not only a "station" on the physical plane, also become the reaction "reactor", in the connection and open domestic play a key role in international dual cycle.Not long ago, the signing of the Regional Comprehensive Economic Partnership (RCEP) brought new development opportunities to The construction of hainan's free trade port and helped Hainan give full play to its regional and policy advantages. For example, the growth of trade within RCEP will drive the growth of people flow and logistics within THE region, and Hainan is expected to become a transportation hub of RCEP. For example, Hainan can take full advantage of the policy advantages of tax exemption for offshore islands and daily consumer goods, complement each other in the consumption industry chain among RCEP member countries, expand purchase channels and purchase more high-end consumer goods, so as to meet the upgrading demand of domestic consumption.We plan to build a number of free trade ports into the new development pattern of industrial chainsCombined with the above advantages, Hainan has planned a number of business models with operational value to drive the formation of more innovative industrial chains according to the direction of "taking domestic major cycles as the main body and domestic and international double cycles to promote each other", focusing on some areas with conditions and foundation and taking the free trade port policy as the catalyst.One is consumer backflow. Through the special policies and sales channels of the free trade port, we can provide domestic consumers with more kinds of international goods and services with lower prices and better quality, so as to attract Chinese people to go abroad for consumption and return. At present, centering on the focus of outbound consumption of Chinese people, we focus on the development of tax-free shopping in outlying islands, medical tourism in the pilot zone of Lecheng, and international education Island to attract the return of Chinese people to buy high-end products, seek medical treatment and study abroad, respectively. This is a mature model that Hainan is already doing. For example, since the implementation of the offshore duty-free shopping policy, it has shown a very hot development trend. From July to November this year, the tax-free sales volume reached 15.72 billion yuan and 2.4 million shoppers, up 205.4% and 61.7% year on year respectively, and the growth potential is still great. It is estimated that Chinese people will consume about 1 trillion yuan overseas in 2019. Static calculation by 2022, if Hainan can attract 10% of consumption back, it will be 100 billion yuan. By 2025, if we can attract 50% of the consumption, that will be 500 billion yuan. For example, the Boao Le Cheng International Medical Tourism Pilot Zone undertakes the important mission of enabling the Chinese people to have the fastest access to international advanced medical devices and promoting the reform of medical and health services. So far, the first new drug that is used simultaneously by Patients in China and around the world has been launched, and more than 110 unlisted medical devices have been used in China. At the same time, efforts to hainan to system (plugging point in the development of integrated innovation to solve the problem, the public hospital implementation path of franchising, innovation in accordance with the principle of strengthening sympathetic and tolerance for prudent supervision system, promote the reform of medicine such as medical treatment separately, promote "the nine", "the nine" and policy of free trade port and the ground, to build hainan into the model project of the new development pattern.Second, value-added processing. Through the policy of "zero tariff" for raw and auxiliary materials of the free trade port and exemption of import tariff for over 30% value-added processing into the mainland, the development of hainan's high-tech industry and advanced manufacturing industry has been vigorously promoted. At present, the list of "zero tariff" for raw and auxiliary materials has been approved and released by The State Council, and the policy has been implemented.Third, offshore new international trade. We will promote cheaper and more efficient international trade through free trade port liberalization and facilitation services. With the support of relevant state departments, Hainan is innovating its foreign exchange management system, developing offshore trade and attracting international settlement headquarters.Fourth, offshore innovation and entrepreneurship. Through the offshore innovation platform of the free trade port, it attracts foreign talents to innovate and start businesses, and provides goods and services that meet the needs of the international market. At present, Haikou Fuxing City overseas talent offshore innovation and entrepreneurship base has begun to operate.Fifth, producer services. By combining the special policies of the free trade port with hainan's unique advantages, the two ends of the "smile curve" are more focused to provide more competitive productive services. At the front end, we will accelerate the development of design, seed breeding and other industries in accordance with the goals of building an international design island and "Nanfan Silicon Valley" proposed in the overall plan of the free Trade port. At the back end, we will focus on expanding the shipping service industry chain and developing bonded warehousing, international logistics and distribution, and other business sectors. keep the bottom line for the ecological environment firmly in place, do a good job in work safety, and effectively guard against and defuse major risks in all fields."