Current Status and Prospects of China’s Hainan Free Trade Zone

DOI

10.2991/aebmr.k.200908.042How to use a DOI?

Keywords

Hainan Free Trade Zone, economic development, prospect

Abstract

Reform and opening up is an important policy for the development of modern China’s economy, and opening up to the outside world is the direction that has always been adhered to. In 2018, the establishment of a free trade pilot zone on the whole island of Hainan was mentioned as a policy. This reflects the concern and attention of the Party Central Committee to Hainan, and it is also a historic breakthrough in China’s opening up to the outside world. Hainan has been transformed from a special economic zone to a free trade zone, giving full play to the location advantages of Hainan Island’s independent geographic unit and the overall advantages of the island’s pilot project, and plays a very important role in the high-quality development of the future economy in the province. This article expounds the basic situation of Hainan Free Trade Zone by consulting relevant materials, and points out the innovation practice of Hainan Free Trade Zone. At the same time, it sorts out the advantages and disadvantages of the development of Hainan Free Trade Zone, and on this basis, discusses the operation prospects and development trends of Hainan Free Trade Zone.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jiexuan Zhou
AU  - Jingyi Dai
AU  - Zhuyu Liang
PY  - 2020
DA  - 2020/09/08
TI  - Current Status and Prospects of China’s Hainan Free Trade Zone
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 262
EP  - 270
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.042
DO  - 10.2991/aebmr.k.200908.042
ID  - Zhou2020
ER  -