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China Vows to Turn Hainan into "Zero Tariff" Open Hub

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China Vows to Turn Hainan into "Zero Tariff" Open Hub

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On July 31, the State Council Information Office of China held a press conference under the theme of "Promoting High-Quality Development." Wang Dongwei, the Vice Minister of Finance, stated that in recent years, the Ministry of Finance has proactively aligned with international high-standard economic and trade rules, deeply participated in global economic governance, and continuously promoted high-level opening up.


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Hainan, China's southernmost island-province, has always been at the forefront of the country's reform and opening-up. With the construction of its free trade port with Chinese characteristics, Hainan is now becoming a global economic powerhouse. Personally planned, deployed and promoted by Chinese President Xi Jinping, Hainan's economy master plan focuses on the development of high-quality new productive forces and promotes low-carbon and green industries, making it a world-class destination and a magnet for investors and visitors alike. As CGTN introduces The Forefront, a special series featuring talks on China's governance with the country's ministers and governors, CGTN's Wang Guan sat down with Feng Fei, secretary of Hainan's CPC Provincial Committee, in the debut episode for an exclusive interview to discuss Hainan's main policies and initiatives. Stay tuned to CGTN for The Forefront on March 12 at 11:30 Beijing Time.

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