Government Work Report: China to step up the construction of Hainan Free Trade Port News source:hiHainan / By Chen Shumin / 05 22,2020 15:32:00 / others

At 9 a.m. on May 22, the opening ceremony of the third session of the 13th National People s Congress was held at the Great Hall of the People in Beijing. On behalf of the State Council, Premier Li Keqiang delivered the Government Work Report to the third session of the 13th National People s Congress.

According to the Government Work Report, China will actively make use of foreign investment. China will significantly shorten negative list for foreign investment and draw up a negative list for cross-border trade in services. And it will grant greater autonomy to pilot free trade zones to carry out reform and opening-up, step up the construction of Hainan Free Trade Port, establish new pilot free trade zones and integrated bonded areas in the country s central and western regions, and launch further comprehensive trials on opening up the service sector. China will create an impartial market environment where Chinese and foreign companies are treated as equals and engage in fair competition.