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China to further ease market access for foreign firms in Hainan Free Trade Port

SOURCE / ECONOMY By GT staff reporters Published: Apr 12, 2021 07:02 PM Tourists in Qionghai, Hainan Province on April 4 Photo: VCGChina is ready to announce soon a series of policy measures for the Hainan Free Trade Port, including a reduced negative list for cross-border trade in services, aiming to further open up a wide range of sectors for foreign firms, including energy, food, electronics and machinery, officials said on Monday.   A draft of the negative list has been completed and the corresponding procedures are in progress, and 28 measures to further promote liberalization and the facilitation of trade will be released in the coming days, Wang Shouwen, vice commerce minister, told a press conference in Beijing.

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