Hainan Provincial Department of Commerce, Development and Reform Commission, Department of Justice, Department of Finance, Department of Natural Resources and Planning, Department of Ecology and Environment, Department of Transport, Department of Tourism, Culture, Radio, Film and Sports, Office of Hong Kong and Macao Affairs, Food and Strategic Reserves Bureau, and Drug Administration, Haikou Central Branch of the People's Bank of China, Haikou Customs, Hainan Regulatory Bureau of China Banking and Insurance Regulatory Commission, Hainan Regulatory Bureau of China Securities Regulatory Commission, Southern Regulatory Bureau of National Energy Administration, South-Central Regional Administration of Civil Aviation Administration, Hainan Branch of the State Administration of Foreign Exchange:

In order to implement the decisions and arrangements of the CPC Central Committee and The State Council, implement the Overall Plan for China (Hainan) Pilot Free Trade Zone, and promote the construction and development of the Hainan Pilot Free Trade Zone, the Ministry of Commerce and other departments have proposed implementing policies for other pilot free trade zones in the Hainan Pilot Free Trade Zone, which has been approved by The State Council. The policy contents applicable to Hainan Pilot Free Trade Zone are hereby notified as follows:

First, enhance investment and trade facilitation

(1) Innovate the inspection and quarantine supervision model for international exhibitions, and explore an international network verification mechanism for inspection and quarantine certificates. (Responsible department: General Administration of Customs)

(2) For the import and export of large equipment, such as aircraft, ships and Marine engineering structures, by financial leasing enterprises registered in the special supervision area of the Customs, which involve trans-customs areas, the Customs shall, on the premise of ensuring effective supervision and implementation of the current relevant tax policies, carry out the supervision entrusted by the Customs in other places according to the actual needs of logistics. (Responsible department: General Administration of Customs)

(3) Set the standard to the highest international level, and implement a higher standard of "first-line opening" and "second-line safe and efficient control" goods trade supervision system in the special customs supervision areas. On the basis of the comprehensive implementation of the "advanced zone and post-declaration", the customs management procedures will be simplified to the greatest extent. For "second-line" goods in and out, the facilitation system of "batch entry and exit, centralized declaration" and "self-transport within the zone" has been fully implemented to promote efficient operation of the logistics chain. Actively explore the supervision and service mode of "independent tax declaration, self-service customs clearance, automatic examination and release, key audit", and create a special customs supervision area with the highest openness and the best facilitation. (Responsible departments: General Administration of Customs, Ministry of Commerce)

(IV) Actively carry out comparison with major trading countries on automobile certification standards, and promote two-way mutual recognition of certification and accreditation results with major trade and investment cooperation countries (regions); On the premise of controllable risk and legal compliance, carry out rectification business of parallel import automobile standard compliance within the special supervision area of Customs; Promote the networking of the parallel import service and management platform for vehicles in the Hainan Pilot Free Trade Zone with the customs data information system; To support the development of parallel import automobile sales and service standards; To support bonded display trading of parallel imported automobiles in the special customs supervision area of Hainan Pilot Free Trade Zone. (Responsible departments: General Administration of Customs, Ministry of Commerce)

(5) Support the establishment of ports for the first time to import drugs and biological products. (Responsible department: Food and Drug Administration, General Administration of Customs)

(6) Implement the pilot medical device registrant system, allowing the medical device registration applicant or registrant to entrust enterprises with appropriate production conditions to produce samples or products. (Responsible department: Food and Drug Administration)

(7) Supporting the Hainan Pilot Free Trade Zone to further strengthen cooperation with Hong Kong and Macao and open up further in relevant areas under the framework of the Closer Economic Partnership Arrangements between the Mainland and Hong Kong and between the mainland and Macao. (Responsible departments: Ministry of Commerce, Hong Kong and Macao Affairs Office)

(8) Phasing out or relaxing restrictive measures on trade in services for cross-border delivery and movement of natural persons in appropriate areas. (Responsible department: Ministry of Commerce)

9. Improve the mechanism for protecting the rights and interests of investors and allow qualified foreign investors to freely transfer their legitimate investment gains. (Responsible departments: Ministry of Commerce, People's Bank of China, State Administration of Foreign Exchange)

(10) Allowing foreign law firms to practice joint management with Chinese law firms. Foreign law firms that have set up representative offices in the Hainan Pilot Free Trade Zone are allowed to exchange lawyers as legal advisers with Chinese law firms by agreement. (Responsible department: Ministry of Justice)

(11) To allow mainland lawyers in partnership law firms operated by Hong Kong, Macao and the mainland to accept and undertake administrative litigation legal matters applicable to mainland law. To allow Hong Kong, Macao and Mainland partnerships to engage Hong Kong, Macao and Mainland lawyers in the name of the firm. (Responsible department: Ministry of Justice)

(12) Allow qualified wholly foreign-owned travel agencies to apply for pilot outbound tourism business (except to Taiwan). (Responsible department: Ministry of Culture and Tourism)

Second, further opening up the financial sector

13. Promote the use of RMB for pricing and settlement of oil and other bulk commodity trade with commodity exporting countries and Belt and Road countries and regions, and support the RMB pricing and settlement of bonded fuel oil supplies. (Responsible department: People's Bank of China, etc.)

(14) Support the entry of private capital into the financial industry, and support qualified private capital to set up in accordance with the law private banks, financial leasing companies, finance companies, auto finance companies, consumer finance companies and other financial institutions. (Responsible departments: People's Bank of China, China Banking and Insurance Regulatory Commission)

15. Strengthen strategic cooperation with overseas RMB offshore markets, prudently encourage overseas institutions and enterprises to issue RMB bonds and asset securitization products. (Responsible departments: People's Bank of China, China Securities Regulatory Commission)

(16) To support the Hainan Pilot Free Trade Zone in exploring capital and market connectivity mechanisms with Hong Kong and Macao under the framework of Closer Economic Partnership Arrangements between the Mainland and Hong Kong and between the Mainland and Macao; To support qualified insurance companies in Hong Kong and Macao to set up business institutions, and to support qualified insurance intermediaries in Hong Kong and Macao to carry out business; To allow Hong Kong and Macao residents to engage in relevant insurance business after obtaining Mainland insurance qualification and being employed by Mainland insurance institutions. (Responsible departments: Ministry of Commerce, Hong Kong and Macao Office, People's Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission)

(17) Cancel the prior examination and approval of the holding qualifications of senior executives of insurance branch companies, and put the provincial banking and insurance regulatory institutions on record. (Responsible Department: China Banking and Insurance Regulatory Commission)

(18) Encourage insurance funds to support the development of leasing industry and enrich insurance investment tools. We will support qualified financial leasing companies and finance leasing enterprises to use the interbank market to issue bonds and asset securitization products. We will support cross-border financial leasing services. (Responsible departments: People's Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission)

(19) Encourage all kinds of institutional investors, individuals and other social capital to set up investment funds, encourage domestic capital to cooperate with overseas institutions to set up joint venture investment funds, build fund towns, and attract domestic and foreign well-known fund related institutions to settle in. We will support the development of a national fund management service platform focusing on project investment and financing services. (Responsible departments: China Securities Regulatory Commission, People's Bank of China, National Development and Reform Commission)

3. Accelerating the development of shipping

(20) To permit the charter of foreign vessels for temporary transport under certain conditions. (Responsible department: Ministry of Transport)

(21) It will be further facilitated for international ship management enterprises to provide services for sending seafarers abroad. Support the establishment of pilot seamen reform ports, and provide policy support for seamen training in accordance with regulations. (Responsible department: Ministry of Transport)

(22) To meet the development needs of Hainan Pilot Free Trade Zone, support and guide liquid cargo and dangerous goods transport enterprises to strengthen integration and achieve large-scale and intensive development. (Responsible department: Ministry of Transport)

(23) To study the feasibility of developing OTC derivatives business of freight index, subject to compliance with national regulations. (Responsible department: Ministry of Transport, China Securities Regulatory Commission)

(24) To maximize the paperless process covering ship arrival and departure, port operation and other port operations, and promote the electronic management of certificates in the field of trade. (Responsible departments: General Administration of Customs, Ministry of Transport, Ministry of Commerce)

(25) To develop convenient multimodal transport with the "one order system" as the core. Establish and improve standards, specifications and service rules suitable for multimodal transport on islands and inland, and strengthen the connection with international multimodal transport rules. We will build a public information platform for multimodal transport, and promote open sharing and connectivity of information on multimodal transport between different modes of transport and different enterprises. (Responsible departments: Ministry of Transport, National Development and Reform Commission, Ministry of Commerce, General Administration of Customs, Civil Aviation Administration)

(26) Actively explore the establishment of cooperation mechanisms with relevant agencies of countries along the Belt and Road in transport safety, environmental protection, customs clearance and other fields. (Responsible departments: Ministry of Transport, Ministry of Ecology and Environment, General Administration of Customs)

Four, other aspects

(27) Support the Hainan Pilot Free Trade Zone in exploring the establishment of a complementary mechanism for public credit information and financial credit information. (Responsible departments: National Development and Reform Commission, People's Bank of China)

(28) Strengthen top-level design and explore and innovate the petroleum reserve mode combining government reserve and enterprise reserve. (Responsible departments: National Development and Reform Commission, Energy Administration, Food and Strategic Reserves Administration)

(29) Explore the establishment of a new model of economical and intensive land use. Land can be used in a mixed manner according to different functional purposes, the same land or the same building can be used for multiple functions, industrial land can be provided for a flexible period of time, and land supply measures such as leasing before letting can be adopted according to industrial policies and project types. (Responsible department: Department of Natural Resources)

(30) Allow the establishment of offshore bonded fuel oil supply warehouses, and allow enterprises registered in the pilot free trade zone to carry out the mixing and blending of bonded oil products under different tax codes, provided that they meet regulatory conditions and are not used for domestic sales. Encourage oil enterprises to produce bonded fuel oil. Direct supply of bonded fuel oil across customs areas. (Responsible departments: General Administration of Customs, Ministry of Commerce, National Development and Reform Commission, Ministry of Finance)