The Sanya Municipal Committee of the Communist Party of China issued a proposal on formulating the 15th Five-Year Plan for National Economic and Social Development. Among them, it was mentioned that the construction of a free trade port should be promoted in a steady and orderly manner. Further break down barriers to the flow of factors, promote the free flow, efficient allocation and accelerated agglomeration of various factors of production, and achieve a smooth transition and efficient connection of various customs closure policies. Continue to upgrade port software and hardware infrastructure, vigorously optimize the port business environment, promote a significant increase in the level of customs facilitation, and ensure both “survival” and “good management”. Adhere to systematic thinking, classification policies, and integration of the near and far, fully implement the “five freedoms and convenience, one safe and orderly flow” opening policy, make full use of institutional arrangements such as “zero tariffs, low tax rates, simplified tax systems” and relaxation of trade management measures, expand the benefits of core policies such as 30% added processing and no tariffs for domestic sales, and effectively transform policy dividends into development momentum.

The Sanya Municipal Committee of the Communist Party of China issued a proposal on formulating the 15th Five-Year Plan for National Economic and Social Development. Among them, it was mentioned that the construction of a free trade port should be promoted in a steady and orderly manner. Further break down barriers to the flow of factors, promote the free flow, efficient allocation and accelerated agglomeration of various factors of production, and achieve a smooth transition and efficient connection of various customs closure policies. Continue to upgrade port software and hardware infrastructure, vigorously optimize the port business environment, promote a significant increase in the level of customs facilitation, and ensure both “survival” and “good management”. Adhere to systematic thinking, classification policies, and integration of the near and far, fully implement the “five freedoms and convenience, one safe and orderly flow” opening policy, make full use of institutional arrangements such as “zero tariffs, low tax rates, simplified tax systems” and relaxation of trade management measures, expand the benefits of core policies such as 30% added processing and no tariffs for domestic sales, and effectively transform policy dividends into development momentum.