Challenges and Solutions Facing the Policy of Hainan Free Trade Port in China

Zhanzhan Liang

doi:10.54097/fbem.v10i1.10233

Authors

Zhanzhan Liang

DOI:

https://doi.org/10.54097/fbem.v10i1.10233

Keywords:

Free Trade Port, Economic Development, Opening up to the outside world, Sustainable Development.

Abstract

This paper examines the challenges facing China's Hainan Free Trade Port and proposes potential solutions for its development. As a new national strategy, the Hainan Free Trade Port faces various obstacles, such as inadequate infrastructure, insufficient legal framework, and limited talent resources. In response to these challenges, this paper suggests that the Hainan Free Trade Port should focus on strengthening infrastructure construction, improving legal protection and intellectual property rights, and attracting high-quality talent. Additionally, this paper provides an outlook for the future of the Hainan Free Trade Port, highlighting its potential to promote regional economic development and contribute to China's opening-up and reform policies.

Downloads

Download data is not yet available.

References

Mao, Q. Y. (2022). Analysis of Challenges and Countermeasures in the Reform of Sales Tax in Hainan Free Trade Port. China Business Review, 17, 112-114. doi:10.19699/j.cnki.issn2096-0298.2022.17.112.

Zhang, F. B. (2022). Financial Opening Facilitates the Construction of Hainan Free Trade Port: Current Progress, Challenges, and Deepening. Journal of Hainan University (Social Sciences Edition), 04, 56-64. doi:10.15886/j.cnki.hnus.202112.0803.

Fu, X. J., & Liao, G. Y. (2023). Development Opportunities, Challenges, and Countermeasures of Hainan's Outward-oriented Economy under the Background of Free Trade Port Construction. New Oriental, 01, 13-19.

Gao, L., Huang, Q., & Qu, Z. (2022). Research on the Current Situation and Countermeasures of Service Trade Development in Hainan under the Background of Free Trade Port. Modern Commerce and Industry, 17, 47-48. doi:10.19311/j.cnki.1672-3198.2022.17.020.

Fu, Z. P., & Wang, J. (2022). Achievements and Policy Suggestions for the High-Quality Development of Hainan Free Trade Port. China Economic Report, 02, 43-47.