Connect with us

Hi, what are you looking for?

Imsilkroad

China adjusts administrative regulations on Hainan FTZ

Abstract : China announced on Sunday that it will temporarily adjust the implementation of five administrative regulations in the pilot free trade zone (FTZ) of the southernmost province of Hainan to support its all-round reform and opening up.

BEIJING, June 28 (Xinhua) — China announced on Sunday that it will temporarily adjust the implementation of five administrative regulations in the pilot free trade zone (FTZ) of the southernmost province of Hainan to support its all-round reform and opening up.

The adjustments, effective from June 28, 2020 to Dec. 31, 2024, cover regulations on customs guarantees, tariffs, international maritime transport, inspection of ships and offshore facilities, as well as domestic waterway transport, according to a circular issued by the State Council.

Self-driving entry of overseas yachts will enjoy a guarantee-free policy in the Hainan FTZ, while the approval power concerning the operation of international passenger ships and international bulk shipping of hazardous liquid shall be delegated to the provincial transport department, the circular said.

After the adjustments, foreign ship inspection agencies will be allowed to provide classification services for Chinese ships that are registered in the Hainan FTZ and engaged in international voyages.

China announced plans in April 2018 to build a pilot FTZ covering the whole island and explore the establishment of a free trade port with Chinese characteristics. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China adjusts administrative regulations on Hainan FTZ

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...