Twenty years of innovation
China's largest special economic zone celebrates 20th anniversary
"China's... Hainan Province, the largest special economic zone (SEZ) in the country, celebrated its 20th anniversary in its capital city of Haikou on Saturday."'Setting up SEZs was an important measure of China's reform and opening-up. The SEZs have played a pioneering role in prompting the reform,' said Chinese Vice Premier Li Keqiang at the celebration ceremony...
"Hainan SEZ was a pioneer in experimenting with the market economy, developing the land with foreign investment, implementing a provincial insurance system, abolishing the agricultural tax and school fees for nine-year compulsory education...
"The province will continue to implement its visa-free policies for tourists and open up aviation rights, introduce renowned overseas travel agencies and hotel management corporations, according to the action plan for the long-term goal of a first-class international tourist island..."
China's island province urged to further reform, open up
"Chinese Vice Premier Li Keqiang on Sunday urged Hainan Province, China's largest special economic zone (SEZ), to further carry out reform and opening up as it embraces its 20th anniversary...
"It saw its gross domestic product expand 7.6-fold in real terms in the past two decades while pioneering in experimenting with the market economy and in other fields of foreign investment use, agricultural tax and education..."
posted by Ken Wedding @ 8:34 AM
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