(Source:《Guangming Daily》2025-12-24 07 edition)

Lan Qingxin

A free w88 port is usually a special economic functional zone located within and outside the customs of a country (region), with free flow of goods, capital and people, exemption of most goods from tariffs, extremely low investment and w88 barriers, and efficient connection with the global supply chain and value chain. It is also the region with the highest level of openness in the world today. Hainan Free w88 Port is the largest free w88 port in the world. The port and hinterland have a vast space and greater carrying capacity. It is more conducive to promoting the division of labor in the layout of economy, w88, finance, and modern industries, and attracting more global capital, talent, and technology inflows.

The island-wide customs sealing operation of Hainan Free w88 Port is a major strategic measure for China to deepen reform, promote institutional opening up, and implement high-quality development. Against the background of global economic and w88 protectionism and the rise of "small courtyards and high walls", the customs closure operation of the Hainan Free w88 Port demonstrates China's determination and ambition to actively expand high-level opening up and share opportunities with the world. It also embodies China's responsibility and responsibility to promote globalization and promote the recovery and development of the world economy.

The customs closure operation of Hainan Free w88 Port represents a new height reached by my country's high-level opening up, and also sounds the charge to build the world's most open and dynamic free w88 port. The customs closure operation means that Hainan will build a special customs supervision area across the island, fully implement the "first-line liberalization, second-line control, and free intra-island" cargo import and export system, becoming a key node in the global free w88 network, gathering global commodity resources, integrating into the global production and supply chain, and bound to inject vitality into the development of global economic and w88. The customs closure operation also means that the Hainan Free w88 Port has become a frontier window to connect with international high-standard economic and w88 rules. Through system integration innovation, such as "zero tariffs, low tax rates, simplified tax systems" and exploring cross-border data flows, digital currency applications, and the opening of the financial industry, it provides a stress testing platform for the country's institutional opening, forming a higher level of replicable and promoteable experience, and playing a leading role in deepening domestic reform and opening up and building a world-class business environment. In addition, the unique geographical location and natural endowments of the Hainan Free w88 Port determine that after the customs closure, it can play a functional strengthening role in serving national strategic security and regional cooperation, play a fulcrum effect in developing the maritime economy, docking with ASEAN and promoting the high-quality development of the "Belt and Road", and expand the space for international cooperation.

As far as Hainan's own development is concerned, the island-wide customs sealing operation of the Hainan Free w88 Port will greatly promote the liberalization and facilitation of w88 and investment; and relying on policy dividends, focusing on the development of modern service industries, high-tech industries, and tropical agriculture will attract the gathering of high-end global factors, promote industrial linkage between Hainan and domestic and foreign countries, build a modern industrial system, and cultivate new drivers of economic growth. Building an international consumption center is an important development direction of the Hainan Free w88 Port. The upgrade of tax-free policies and innovation in consumption scenarios brought about by the customs closure operation, as well as the accelerated construction of the international education innovation pilot zone, will help promote the upgrade of domestic consumption and the return of overseas consumption, creating conditions for Hainan to become a global shopping, medical, and education consumption destination. The customs closure operation of the Hainan Free w88 Port is also conducive to the introduction of international high-quality goods and resources, as well as the creation of a livable, industrial and business environment. It will increase Hainan's employment opportunities, expand consumer welfare, promote high-quality and international public services, improve the quality of life, and enhance the well-being of residents.

The Central Economic Work Conference held not long ago proposed that we should steadily promote institutional opening up, expand independent opening up in the service sector in an orderly manner, optimize the layout scope of the free w88 pilot zone, and solidly promote the construction of the Hainan Free w88 Port. We must take the Hainan Free w88 Port's comprehensive customs closure as an opportunity, base on our own development reality, adhere to the combination of expanding opening up and deepening reform, and promote a higher level of opening up.

We should actively promote the implementation of w88 and investment liberalization and facilitation measures, use digital technology to improve customs clearance efficiency, increase policy coordination and information sharing with countries around the world, deepen economic and w88 cooperation, and achieve inclusive development. Align with international high-standard economic and w88 rules such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), promote the upgrade from "opening for the flow of goods and factors" to "opening for institutions", pilot trials in cross-border service w88, digital w88 and other fields, promote institutional breakthroughs in areas such as cross-border data flow, explore the establishment of data rights confirmation, transaction rules and "digital overseas warehouses", carry out offshore RMB business, optimize multi-functional free w88 accounts, and facilitate cross-border capital flows.

Continue to promote the reform of open systems and mechanisms, build a market-oriented, legalized, and international business environment, improve the level of refined services, and build and improve an institutional normative system that can comprehensively cover the complete chain of intellectual property creation, use, protection, management, and services. Continue to expand the opening up of the service sector, effectively lower barriers, promote the development of service w88 and expand the scale of foreign investment in the service industry. Implement the principle of competitive neutrality, effectively implement foreign investment laws, and strengthen the transparency of market operations and supervision. Coordinate opening up development and security, insist that "opening up" must first "control", strengthen risk prevention and control in the process of high-level opening up, strengthen the construction of digital and intelligent supervision platforms, build a "review, management, legal trust" linkage mechanism, and conduct precise and efficient supervision.

(The author is a professor at the National Institute for Opening up, w88 casino)

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