China to build a free trade port of high quality and high standard !!!

The President of China,Xi Jinping has recently called for the building of a free trade port of high quality and high standard in China's Hainan Province in the South

Also being the Communist party of China's general secretary, Xi made remarks giving instructions on the construction of the Hainan free trade port, and hailed the program to be an important and strategic decision made by the Communist Party of China's Central Committee for the promotion of the innovative development of socialism with Chinese characteristics.

During a visit to the Hainan island in April 2018, Xi announced about the decision to develop Hainan into a pilot free trade zone. In addition to that, he underscored the program's significance for the reform and opening up of China in the new era.

Efforts should be made in order to align the process of the free trade port construction with the convenient and facilitate free flow of factors of production, prioritization of the innovation of institutional integration and high level international economic and trade rules.