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Conference spokesperson Liu Jie: Duty-free shopping in Hainan off the island increased significantly during the Spring Festival holiday; China's door of opening-up will only open wider.
Introduction by Liu Jieyi: The full island closure of Hainan Free Trade Port is a landmark measure demonstrating China’s unwavering commitment to expanding high-level opening-up and promoting the development of an open world economy. After the closure, Hainan Free Trade Port’s level of trade liberalization and facilitation has significantly improved, making international connections more convenient. During the Spring Festival holiday, the amount of duty-free shopping on Hainan’s islands increased by 30.8% compared to last year’s Spring Festival, and the number of inbound foreign travelers visa-free increased by 75.6%. The flow of goods and people has been significantly improved. The operation of the free trade port’s closure is a new exploration by China in steadily expanding institutional openness in rules, regulations, management, and standards, demonstrating China’s firm resolve to continue reform and opening-up. China always adheres to opening-up as a fundamental national policy; the door to openness will not close but will open wider and wider. (CCTV News)