National Development and Reform Commission: After the closure of the Hainan Free Trade Port, a new batch of special measures to relax market access will be introduced.

Wang Changlin, Deputy Director of the National Development and Reform Commission, stated at a press conference by the State Council Information Office on July 23 that after the operation of the closure of Hainan Free Trade Port, the National Development and Reform Commission will work with relevant departments to further expand zero-tariff goods. On the other hand, it is necessary to adapt to the requirements of opening from the manufacturing industry to the service industry, and vigorously develop service trade. In terms of investment, efforts will be made to create an open, transparent, and predictable investment environment to promote cross-border investment. In terms of foreign investment access, further loosening will be implemented, new special measures for market access will be introduced, and the establishment of an investment facilitation system focusing on process supervision will be accelerated.