Hainan's construction of a free trade port is a new and important strategic decision made by the CPC Central Committee, taking into full account the changes in the international political and economic situation, focusing on the overall domestic and international situations, and promoting the innovative development of socialism with Chinese characteristics and the sustained and healthy development of China's economy and society.China is in the transition period of transforming the development mode, optimizing the economic structure and transforming the growth momentum. The downward pressure on the economy is increasing. It is urgent to force reform through expanding opening up, so as to realize the benign interaction between opening up and reform. Under this situation, Hainan has ushered in the most open new development opportunity in history. The implementation scope of Hainan free trade port is 35400 square kilometers of land area of the whole island, which has broad and rich development space, and is expected to become the largest free trade port in the world.The Central Committee of the Communist Party of China clearly pointed out that Hainan has the unique advantage of comprehensively deepening reform and testing the highest level of opening-up policy. The CPC Central Committee supports Hainan to gradually explore and steadily promote the construction of a free trade port with Chinese characteristics. Considering Hainan’s construction basis and the difficulty of implementing this series of open policies, the CPC Central Committee has made it clear that Hainan should establish a free trade port policy and system in a step-by-step and phased manner.
