Hainan FTZ shares institutional innovation cases

The press conference of the third batch of the China (Hainan) Pilot Free Trade Zone's institutional innovation cases is held in Haikou on May 20. [Photo/sanya.gov.cn]

The CPC Hainan Provincial Committee Deep Reform Office (Free Trade Zone Office) released 12 free trade zone institutional innovation cases at a press conference held in Haikou on May 20.

These cases are all innovation achievements with Hainan characteristics, which fully reflect the standards of "initiative, implemented, effective, and reproducible". Most of them have certain references and promotion value due to receiving full recognition or special awards.

Sun Dahai, spokesperson of the CPC Hainan Provincial Committee, delivers a speech at the press conference of the third batch of the China (Hainan) Pilot Free Trade Zone's institutional innovation cases. [Photo/sanya.gov.cn]

Sun Dahai, spokesperson of the CPC Hainan Provincial Committee, said that Hainan always attaches great importance to institutional innovation. The provincial economic work conference places emphasis on promoting institutional innovation in 12 major fields. The Sixth Plenary Session of the Seventh CPC Hainan Provincial Committee has further proposed new requirements for the promotion of institutional innovation and made new arrangements for them. It claimed that all walks of life, all positions, and all links in Hainan must reflect on and promote institutional innovation, using it to solve problems encountered in the reform and opening up efforts, as well as promote a lawful, international, and convenient business environment, and an impartial, unified, and efficient market atmosphere.

He added that Hainan will continue to focus on institutional innovation, following the strategy of serving the country and the strategic orientation of "three districts and one center". Local government will coordinate and improve all aspects of institutional innovation, accelerate more institutional innovation cases that can be replicated throughout the country, and strive to play a "test area" role for national reform and opening up efforts.