Hainan Free Trade Port Policy Briefing Held in Beijing, Tourism, Culture, Sports Investment Promotio

September 8th is the 100th day of the release of the overall plan for the construction of Hainan Free Trade Port, which is a day of special significance. In the afternoon of that day, the Hainan Free Trade Port Policy Explanation Conference and Tourism Culture and Sports Industry Investment Promotion Conference were held in Beijing. At the meeting, Hainan introduced the highly anticipated policies of Hainan Free Trade Port to the attending guests, and highlighted the investment focus and direction of the three key industries of tourism, culture, and sports. We sincerely invite major domestic and foreign enterprises to actively participate in the development and construction of Hainan Free Trade Port. After the promotion meeting, the launch ceremony of the "Meet for a Better Hainan" free trade port was held.

Fu Caixiang, Vice Governor of the Provincial Government, attended the promotion meeting and delivered a speech. Sun Ying, Director of the Provincial Department of Tourism, Culture, Radio, Television and Sports, made a promotion for investment. Liu Cheng and Xu Xianghong, Deputy Directors of the Provincial Department of Tourism and Culture, Ling Yun, Deputy Mayor of Haikou City, Hua Xing, Deputy Mayor of Sanya City, Liu Chong, Deputy Mayor of Danzhou City, as well as leaders in charge of Sansha, Qionghai, Wenchang, Wanning, Dongfang, Ledong, Chengmai, Linggao, Ding'an, Tunchang, Lingshui, Changjiang, Baoting, Qiongzhong, Baisha and other city and county governments, and directors of city and county tourism and cultural bureaus attended the promotion meeting. Representatives from the Provincial Department of Commerce and 7 Hainan tourism and cultural industry parks attended the meeting.

↑Vice Governor of the Provincial Government, Fu Caixiang, attended the promotion meeting and delivered a speech.

↑Sun Ying, Director of the Provincial Department of Tourism, Culture, Radio, Television and Sports, made a promotion for investment.

Representatives from over 170 tourism and cultural industry enterprises, including First Travel Group, China Youth Travel Service Holdings Group, China Oriental Performing Arts Group, China Animation Group, China Foreign Culture Group, China Sports Industry Group, China Kanghui Tourism Group, as well as Caesar Tourism Group, Zhongxin Tourism Group, Aladdin Holdings Group, Guoao Holdings Group, Beijing Peak Intelligent Industry Co., Ltd., Yulle Cultural Media Co., Ltd., and over 30 international friends, including Mr. Bu Guido, CEO of China Travel Easy, attended the promotion event.

↑On site investment promotion meeting.

Hainan opens up 'magnetic field' release

Domestic and foreign enterprises rush to Hainan

On June 1st, the overall plan for the construction of Hainan Free Trade Port was announced, marking a crucial step forward in the construction of a free trade port with Chinese characteristics. It is reported that under the attraction of "hard core" policies such as zero tariffs and low tax rates in Hainan Free Trade Port, the "magnetic field" effect of Hainan's opening up continues to be released, and domestic and foreign enterprises have rushed to Hainan. Since June, the number of new market entities in Hainan has surged, with 50 newly established foreign-funded enterprises in June alone, a year-on-year increase of 92.31%. At the same time, the new offshore tax exemption policy of 100000 yuan per year and unlimited per item is sparking a new shopping craze. Long queues for placing orders and checking out can be seen at any time in Sanya International Duty Free City and Haikou Riyue Plaza Duty Free Store. According to data from Haikou Customs, in July, when the new policy was implemented, there were over 280000 tax-free shopping tourists on Hainan's outlying islands, with a tax-free shopping amount exceeding 2.2 billion yuan, a year-on-year increase of more than twice. After the epidemic, the passenger flow in Hainan has recovered first. According to statistics, the number of flights entering and leaving Sanya in July exceeded the same period last year. The occupancy rate of hotels in Haitang Bay Area, Sanya, has been steadily increasing under the new duty-free policy for outlying islands, and the situation of "one room difficult to find" is not uncommon. Nearly half of the tourists have extended their stay in Sanya from three to four days in previous years to more than five days.

At the promotion meeting, Fu Caixiang introduced to the guests the various measures and actions taken by Hainan to continuously deepen the "streamlining administration, delegating powers, and improving services" reform, and to continuously create a market-oriented, rule of law, and international business environment. It is understood that since "April 13", Hainan Province has taken institutional innovation as the core, actively promoted the reform of "decentralization, regulation and service", formulated and implemented an action plan to optimize the business environment, launched a series of measures such as the "province wide open business registration", reduced the time for enterprises to open, set up a "single window" for international trade, and introduced measures to optimize the management and service of foreign personnel by public institutions, and promoted the solution of the problem of multiple job restrictions for public institutions to hire foreigners. At the same time, the price of three coconuts can buy the world's advanced special drug insurance with high insurance coverage; Foreign schools such as Harrow School and Lide School have settled in Hainan. Provide better services to various market entities. Hainan has gone from optimizing services for individuals to improving the business environment for enterprises, based on its unique ecological advantages, and striving to create a livable, conducive to learning, nurturing, and business environment. The free trade port is constantly emitting its unique charm.

Sun Ying introduced Hainan's unique development advantages to the guests from six aspects. Hainan is the world's largest free trade port, the only international tourism consumption center in China, the largest economic special zone in China, a pioneering international tourism island, the only tropical island province in China, and the "center of the world" in terms of geographical location. At the same time, the guests were introduced to the phased achievements of Hainan since the announcement of the establishment of a free trade zone on April 13, 2018, with a focus on tourism, modern service industry, and high-tech industry. Through the overall introduction of headquarters and management teams, the number of new market entities has increased at a rate of over 30% per year.

It is reported that in the past two years, the number of market entities in Hainan has increased by more than 440000, a growth of 66%. Famous domestic and foreign enterprises have seized the opportunity to invest in Hainan. In 2019, there were 338 newly established foreign-invested enterprises in Hainan Province, an increase of 102.4%. As of now, the Hainan Provincial Government has established strategic partnerships with 24 central enterprises, and 40 regional headquarters, settlement centers, or business subsidiaries of central enterprises have successively landed in Hainan, with a registered capital of 47 billion yuan. China Travel Service, China Duty Free, Ctrip, Tuyi, Meituan, Caesar, Zhongxin, Fliggy, Tongcheng, Tuniu and other well-known tourism enterprises and OTA groups have entered Hainan to help build an international level tourism destination.

↑Liu Cheng, Deputy Director of the Provincial Department of Tourism and Culture, and Xu Xianghong participated in the investment promotion meeting for interactive communication.

Building an International Tourism Consumption Center

Increase investment in tourism, culture, and sports

This year marks the beginning of Hainan's comprehensive construction of a free trade port, and all policies are about to be fully implemented. 2020-2025 is a very important investment layout and investment window period. Sun Ying stated that before the closure operation in 2025, Hainan's tourism, culture, and sports investment promotion will highlight the orientation of a free trade port and the positioning of an international tourism consumption center, leverage the advantages of an international tourism island, a "national comprehensive tourism demonstration zone," a "national sports tourism demonstration zone," and a "national public cultural service system demonstration zone," adhere to the supply side structural reform as the main line, promote the deep integration of tourism with culture and sports, health and medical care, elderly care and health, etc., form a "tourism+" and comprehensive tourism industry chain system, and increase investment promotion and project construction efforts.

The tourism industry will promote investment attraction from seven aspects. Firstly, we will continue to focus on attracting investment from domestic and foreign brand theme parks, and introduce tourism integrated theme park projects such as amusement, experiential, and sightseeing types; The second is to expand shopping tourism, increase offshore duty-free business entities, and create a global duty-free shopping center; The third is cruise and yacht tourism, focusing on policies such as "Hainan Island Tour" and "Upstream Sea Tour", introducing cruise companies to develop Hainan cruise tourism products; The fourth is to attract top products and promote the development of forest tourism in Hainan; Fifth, attract investment around the circular tourism road; Sixth, focus on attracting investment for comprehensive tourism; The seventh is to introduce and create a number of nighttime performance shows, tourism performances, sea night tours and other nighttime consumption projects to meet the needs of tourists for nighttime tourism consumption.

The cultural industry will increase investment efforts from seven aspects. One is to create a tourism and performing arts theme park, promote the establishment of a performing arts group headquarters base, create a tourism and performing arts town, and introduce tourism and performing arts products; Secondly, we will promote the construction of the National South Sea Cultural and Creative Industry Park and establish a cultural and creative social service platform; The third is to utilize the Hainan International Cultural and Art Trading Center, relying on the advantages of Hainan Free Trade Port's location and institutional innovation, to carry out comprehensive services such as global cultural and art exhibition, warehousing, appraisal, evaluation, traceability, pledge, and trading; Fourthly, relying on cultural industry parks, developing anime and digital art brands, creating digital cultural and creative festivals, and introducing leading digital cultural and artistic enterprises; The fifth is to introduce well-known cultural and creative enterprises, create distinctive cultural and creative products and tourism products; The sixth is to introduce investment brand festivals and events, as well as first-class domestic and foreign festivals, music festivals, art weeks, fashion weeks, electronic music festivals, etc; Seventh, we will build a national foreign cultural trade base and vigorously develop industries such as art trade and cultural equipment trade.

The sports industry will increase investment efforts from three aspects. One is to carry out investment promotion around building a "National Sports Tourism Demonstration Zone"; The second is to carry out investment promotion around improving the marketization, internationalization, and specialization level of the sports industry; The third is to carry out investment promotion around safeguarding the national sports development strategy and creating a sports winter training paradise.

↑At the launch ceremony of the "Meet for a Better Hainan" free trade port, provincial leaders, leaders of the Provincial Department of Tourism and Culture, and attending guests took a group photo.