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China Focus: China passes law on Hainan free trade port © Provided by Xinhua HAIKOU, June 10 (Xinhua) China on Thursday passed a law on the Hainan Free Trade Port (FTP), making institutional arrangements for the construction of the Hainan FTP at the national legislative level. Analysts believe that the law will lay a solid legal foundation for the construction operations, ensuring Hainan s opening-up and development based on the rule of law. The law clarifies that the Hainan FTP covers the whole island, and establishes policies and systems in steps or phases to realize the liberalization and facilitation of trade, investment, the cross-border flow of funds, personnel exit and entry, and transportation, and ensure the secure flow of data.

Lyu weiShen xiaomingStanding committee of hainan provincial people congressParty of china central committeeStanding committeeNational people congress standing committeeHainan free trade portCommunist partyChina central committeeNational peopleCongress standingHainan provincial peopleLaw basedநின்று குழு ஆஃப் ஹைனன் மாகாண மக்கள் காங்கிரஸ்கட்சி ஆஃப் சீனா மைய குழுநின்று குழு