Based on the overall free trade port plan and Hainan’s current situation, we sorted out eight potential industries.

For Hainan, the biggest difficulty in developing processing and manufacturing industry is that there is no upstream and downstream industrial chain, no industrial workers, and no technical talents. Therefore, Hainan's processing and manufacturing industry has been very backward for many years. But this policy is undoubtedly a God-given opportunity: "Goods containing imported materials produced by enterprises in encouraged industries and with a value added of more than 30% (inclusive) processed in the Hainan Free Trade Port will be exempted from import tariffs when entering the mainland through the 'second line'." < /p>

This means that any imported products, semi-finished products, raw materials, spare parts, as long as they undergo simple rough processing (such as assembly, filling, packaging, etc.) in Hainan and reach 30% value-added, you can enter the mainland. There is no need to pay customs duties. This is bound to attract a large number of rough processing companies to relocate to Hainan, especially those suppliers of products with higher import tariffs.

Once the rough processing industry forms a scale, it can make up for Hainan’s shortcomings in the industrial chain, industrial workers, and technical talents to a certain extent, laying a good foundation for the development of Hainan’s real economy. The experience of Made in China is that from low-end manufacturing to high-tech industries, it requires a step-by-step process. Hainan lacks this process and needs to make up for it.

With the growth of the rough processing industry, the development of oil and gas chemicals in Yangpu and pharmaceuticals in Haikou has begun. The industrial environment of Hainan's processing and manufacturing industry will be greatly improved. Ecological environmental protection, biomedicine, new energy vehicles, The development of high-tech industries such as smart cars and deep-sea and deep-space industries will also receive better support.

What should you do when you see this? Hurry up and search the import and export tariffs online to see which categories have the highest tariffs and which ones are feasible for rough processing.

One possible problem is that some people may look down on the rough processing industry. If the government does not support or even suppress it, everything will return to zero. This kind of high-achieving situation often happens, especially since Hainan has so many high-profile figures and idols carry a heavy burden. I hope that policymakers will not be burdened by these nominal things.

Another important policy in the overall plan: "Implementing 'zero tariff' positive list management for ships, aircraft and other commercial vehicles and yachts imported into the island for transportation and tourism." Combined With relevant policies such as opening up navigation rights and building the "China Yangpu Port" shipping port, Hainan's transportation industry will undoubtedly achieve extraordinary development.

It is not an accident that Hong Kong, Singapore, and Dubai are all transit points for cargo transportation and passengers. Think about it, all means of transportation have zero tariffs, and the costs of expensive ships and planes must be lower than in other regions, which means that freight and air tickets will be cheaper than in other regions. Coupled with the flexible visa system, convenient entry and exit management, and the local tourism and shopping resources, if you are not particularly anxious, you will want to stop by.

Hainan not only has these, but also has unique advantages in natural scenery and climate. Then, it is very natural for it to become a transit mecca for tourists. It is conceivable that in the future, Chinese people traveling abroad, foreigners traveling to China, and even foreigners traveling to foreign countries will be very willing to choose to transit and stay in Hainan.

The free trade port will promote Hainan to become one of the global shipping and aviation centers. The business opportunities here may belong to large enterprises and large investors, but the employment opportunities are very broad.

Hainan is positioned as having three districts and one center, and this center is the international tourism consumption center. Consumption is inevitably inseparable from the retail industry. There is such a policy in the overall plan: the China International Consumer Goods Expo is held, and overseas exhibits at national-level exhibitions enjoy tax-free import and sales during the exhibition period.

The first China International Consumer Goods Expo will be held in March next year, and this is just a small policy. Of course, what’s more important is the zero tariff on the entire island after the customs closure, zero tariff on some goods before the customs closure, and the duty-free shopping quota on outlying islands of 100,000 yuan per person per year. This will surely stimulate the great development of Hainan's retail industry. It can be expected that before the closure of the customs, the retail industry was limited to some commodities and duty-free shops. After the closure of the customs, it will definitely bring prosperity to the streets and alleys of Hainan.

Related to the retail industry is cross-border e-commerce. Zhang Yong, a researcher at the Shanghai Free Trade Zone Comprehensive Research Institute of Fudan University, said in an interview with The Paper, “Returning and repairing goods for cross-border e-commerce is now a difficult problem because the warehouse is too small and cannot accommodate so many goods. If Hainan implements There is zero tariff on the entire island. Although cross-border e-commerce is currently blooming across the country, Hainan is expected to become a logistics distribution base for cross-border e-commerce radiating services across the country."

There are two scenarios for cross-border e-commerce. One. One is to sell foreign goods to the mainland, and the other is to sell mainland goods to abroad. In the first scenario, after mainland customers place an order, shipping from Hainan will be much faster than shipping from overseas. In the second scenario, returns, exchanges and after-sales services for overseas customers will be more convenient because there is no need to go through customs.

And if logistics distribution and after-sales services are in Hainan, then why are operations and sales not located in Hainan?

The retail industry has relatively low barriers to investment and employment. But this is also an industry with fierce competition. It is not easy to stand out and build a brand. Are you interested in such a job?

People, property, and things all over the world flow freely here. Every day, people come and go, goods are imported and shipped in the air and sea, and money is collected and paid online and offline. This in itself is a very complicated matter. . Even if the government and public institutions have provided great freedom and convenience, handling these matters properly requires the participation of quite a few private institutions and professionals.

These services are generally divided into several categories, one is professional services such as legal, accounting, and management consulting, the other is knowledge services such as design, medical care, and education, and the other is investment, human resources, and other consulting and management services. Serve.

In these fields, a large number of professional talents are needed. These talents may come from the island or from all over the world. This is a relatively elite and high-income professional group. If you happen to be an expert in this field, you can expect that whether you are a partner or a part-time employee, your career prospects are very optimistic.

Since it is called a free trade port, trade and logistics must be an important industry. "Build a special customs supervision area for the whole island's customs sealing operation. For trade in goods, implement a liberalization and facilitation system arrangement with 'zero tariff' as the basic feature. For trade in services, implement 'both access and operation' as the basic feature Characteristic liberalization and facilitation policy measures. ”

The core policy of goods trade lies in the twelve words of “liberalization of the first line, control of the second line, and freedom within the island”. This means that the entire island of Hainan is a bonded warehouse. This bonded warehouse is not only the largest in the world, but also has the longest storage period in the world - "There is no storage period for goods in the Hainan Free Trade Port." This is full of temptations for people doing business all over the world.

Many people will be confused. Hainan neither produces nor consumes products, so why does trade take place in Hainan? This question can also be asked to Hong Kong, Singapore, and Dubai. Compared with their huge trade volumes, their local production and consumption are negligible. So why does so much cargo flow through these places?

The laws in the world are all kinds of strange. The most annoying thing for a person who is engaged in product production is to have his products affected by so many laws and customs. Therefore, trade between many countries and regions is not conducted directly, but through third-party transit.

First of all, transit helps improve efficiency and reduce costs. Products are stored in warehouses in several locations around the world, ensuring that you can distribute them to customers in need as quickly as possible. Secondly, in order to adapt to the legal requirements of different countries and the need for reasonable tax avoidance, some simple processing or packaging is required. Third, we also need to provide services such as returns, exchanges, and repairs. Fourth, we must be able to obtain fair judgment when commercial disputes occur.

The secret of what kind of place is most suitable for warehousing and transit lies in the five-character mantra of "taxation, freedom, and rule of law." Because tax (zero, low, simple) allows you to save money, freedom provides you with convenience, and the rule of law provides you with protection.

After seeing this, do you really want to do trade? There are specializations in the craft. Contrary to producers, what traders are best at is understanding the different laws and customs in various regions.

There are quite a lot of financial policies in the overall plan: "Expand the opening up of the financial industry internally and externally. Take the lead in implementing the policy of expanding the opening up of the financial industry in the Hainan Free Trade Port. Support the construction of international energy, shipping, property rights , equity and other trading venues. Accelerate financial reform and innovation, support the development of real estate investment trust funds (REITs), and steadily expand various forms of industrial financing channels, and relax capital for foreign-owned enterprises. The scope of financial use. Innovative technological financial policies, products and tools.”

If these are realized, Hainan will undoubtedly become China’s second financial center after Shanghai. Of course, we should not stand so high first, but be down to earth first, take Shanghai as our teacher, and learn from scratch.

From the perspective of free funds and the free exchange and remittance of RMB under Hainan’s free trade account, Hainan will become an offshore center for RMB and help the internationalization of RMB.

Another policy that seems to have little to do with finance: "For tourism, modern service industry, and high-tech industry enterprises established in Hainan Free Trade Port, their new overseas direct investment before 2025 will be The income from overseas direct investment is exempt from corporate income tax. This is a very big discount. If you originally planned to invest money from Shanghai to Southeast Asia, you will pay for this income tax. Willing to set up an investment company in Hainan. As a result, Hainan will become a springboard for Chinese enterprises to invest overseas.

The Hainan Free Trade Port’s legal system and freedom of people, money and property will make foreign investors willing to choose Hainan as an entry point. Bridges in Mainland China.

At present, most foreign investment chooses to enter mainland China from Hong Kong. Hong Kong's role is irreplaceable in the short term, but having Hainan as a learner and competitor is obviously not a bad thing.

The financial industry is an industry full of challenges and constant innovation. In this regard, Hainan needs a large number of talents. If you were a student from Hainan, would you choose to study a finance-related major?

The current price of real estate in Hainan is higher than its economic development level and residents' spending power. Therefore, Hainan has implemented the strictest purchase restrictions in the country. In the overall plan, real estate only showed up because it was related to financial policies, and the real estate industry itself was not mentioned.

However, real estate will still be one of the most important industries in Hainan Free Trade Port. We mentioned so many industries earlier, no matter which industry develops, there will be demand for real estate. To work, you need a place to work, to travel, you need hotel accommodation, and to live, you need a place to settle down... Therefore, it is expected that Hainan's real estate will continue to develop in the next 20 years.

Since the free trade port implements the three freedoms of people, property and goods, purchase restrictions will likely become a mere formality to a certain extent. When it comes to people's freedom, domestic residents have already been allowed to settle in Hainan, and the introduction of overseas talents and labor force will inevitably require a green light for them to purchase properties. According to Beijing's policies, it is far easier for foreigners working in Beijing to purchase real estate than Chinese people without Beijing registered permanent residence.

Of course, real estate is not static. The most important change will be that it shifts from being driven by demand from outside the island to being driven by demand within the island, and from being mainly residential to focusing on both commercial and residential properties. These changes will change the real estate industry in Hainan. This change will be more beneficial to large developers with strength and brand.

The real estate industry chain is very long, including construction, decoration, gardening... there are many related practitioners. Are you a little excited when you see this? Do you feel you need to make any changes?

Tourism is one of the three leading industries that features prominently in the overall plan. The significance of tourism to Hainan cannot be overemphasized. Since everyone is familiar with it, I will briefly mention a few points.

First, I hope everyone will pay attention to new directions such as medical tourism, cultural tourism, sports tourism, elderly care and health care, as well as the development of new business formats such as B&Bs and farms.

Second, in attracting international tourists, service standards must be improved. Foreign language communication skills and understanding of foreign cultures have become an important aspect, which is still a shortcoming in Hainan. In this regard, we can consider introducing some overseas labor force, such as Filipino maids. We believe that they will bring a better experience to international tourists in terms of hotel services and medical services.

The third is to solve the problem of too high prices in peak seasons and too few tourists in off-seasons. Your customers' pain points are your opportunities, and solving these difficult problems is your biggest business opportunity.