WebJun 10, 2024 · "The law on Hainan free trade port transforms the decisions and arrangements of the Communist Party of China Central Committee into law. It is of vital importance to comprehensively deepening reform and advancing law-based governance," said Lyu Wei, a member of the 13th National People's Congress Standing Committee. WebOn 30 June 2024, China’s Ministry of Finance and State Taxation Administration issued guidance (Circulars 31 and 32) implementing several tax measures to support the development of the Hainan Free Trade Port (HFTP), which measures were announced by the State Council on 1 June 2024.

China Focus: China passes law on Hainan free trade port

WebHainan as the first FTP of the PRC; (ii) an enabling environment is created to attract legitimate private investments; and (iii) the Hainan FTP investment plans are integrated … Webcentral government released the “Overall Plan for the Construction of Hainan Free Trade Port” (“Overall Plan”) on June 1, 2024 to “support Hainan to explore and advance the construction of a free trade port with Chinese characteristics.” It marks a new historic stage for Hainan’s construction and development. chicken rice crock pot recipes easy

Hainan Free Trade Port: Concept, Challenges and Legislation

WebWelcome to Hainan, a charming island full of vitality and opportunity！ Hainan, a tropical island at the southernmost of China, has a land area of 35,400 square kilometers, a sea … WebJun 8, 2024 · Beijing has unveiled plans to turn Hainan – an island measuring 35,000 sq km (13,500 square miles) at the southern tip of China – into a huge “free trade port” by promising duty-free... WebHainan FTP is a free trade port with Chinese characteristics built from the free trade zone across the entire island of Hainan in accordance with the central government's … gooseberry lodges hurricane utah