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Free trade port relations between Hainan and ASEAN

Free trade port promotes relations between Hainan and ASEAN
Free trade port promotes relations between Hainan and ASEAN

Free trade port promotes relations between Hainan and ASEAN

The governor of Hainan Province Feng Fei said at the 2021 session of the Expo Asia Forum on Monday. The development of the Hainan Free Trade Port and the signing of a comprehensive economic cooperation agreement will create a broader space for exchanges and cooperation between Hainan and the local governments of ASEAN countries.

Feng Guojing said at the China-ASEAN Governor-Mayor Dialogue initiated by the Hainan Provincial Government in 2015 to promote regional cooperation. We are working hard to build Hainan FTP, the only free trade zone with Chinese characteristics, into a dual cycle at home and abroad. Further, the meeting point of the company is in line with the super-large domestic market. While attracting high-quality talents and high-quality resources.

He put forward four suggestions, emphasizing the establishment of a closer exchange. However, the cooperation mechanism to promote friendly relations between Hainan and ASEAN cities. Moreover economic zones such as industrial parks, ports, and airport terminals.

He welcomed the establishment of consulates and business tourism representative offices of ASEAN countries in Hainan. The promotion of visa-free exchanges between Hainan and ASEAN to ensure the free flow of people, logistics and capital. The Increase sea and air routes between cities on both sides of the strait: build interconnection Demonstration zone. Furthermore, make full use of the RCEP agreement and the Hainan FTP policy to realize the deep integration of the industrial chain, supply chain and value chain across the strait.

The governor of Hainan Province also welcomes ASEAN companies to invest in Hainan.

Hainan is establishing a modern industrial system focusing on tourism, modern service industries, high-tech industries and tropical high-efficiency agriculture. He said that Hainan is actively cultivating strategic emerging industries such as digital economy, new materials, and modern biomedicine. The future economy includes agriculture, seed industry, deep-sea economy and aerospace industry.

He said that the construction of the Baole City International Medical Tourism Pilot Zone and the Lingshui Li’an International Education Innovation Pilot Zone is strong. There are strong opportunities for cooperation in international medical services, education, and talent training.

Lin Songtian, President of the Chinese People’s Association for Friendship with Foreign Countries. In the 30 years since the establishment of diplomatic relations. The China and ASEAN have significantly strengthened political mutual trust, fruitful cooperation in various fields, and increasingly active personnel exchanges, bringing tangible benefits to the people of the dialogue countries. Who will participate? Online conversation.

He said that the signing of RCEP opens up new prospects and will inject new impetus into regional cooperation and development.

According to official statistics, China-ASEAN economic and trade cooperation will grow against the trend in 2021. The total bilateral trade exceeding 684 billion yuan, a year-on-year increase of 6.7%. For the first time, China and ASEAN have become each other’s largest trading partners.

WHY THIS YEAR’S ECONOMIC GROWTH MAY BE HIGH

Written by Hüseyin Ali

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