China chooses to not shut its doors but open up wider to the outside

China announced a number of special measures on Thursday aimed at further relaxing market access in the Hainan Free Trade Port, showing the country's drive to further open up to the world.

Officials and experts said the move is part of the government's ongoing efforts to build a testing ground for reforms and pursuing opening-up at higher levels. It is also intended to help build Hainan Island into an internationally influential and high-quality free trade port, which will serve as a new growth engine for both the national and the global economy.

The country rolled out 22 measures to facilitate the free flow of key production factors and cultivate industries with comparative advantages internationally, according to a document jointly released by the National Development and Reform Commission and the Ministry of Commerce.

New measures include supporting online sales of prescription drugs, helping the island develop an online games sector, exploring the delegation of the approval of online games to Hainan, supporting Hainan in building charging stations for new energy vehicles and pressing ahead with autonomous driving technologies and boosting the innovative development of homegrown high-end medical equipment.

The newly announced measures led shares of companies with links to Hainan free trade port to jump 1.17 percent on Thursday, with Huawen Media Group and Lanhai Medical Investment Co both surging by the 10 percent daily trading limit, according to Shanghai-based information provider Wind Info.

The plan aims to establish a basic free trade port policy system with a key focus on enhancing free trade and investment by 2025.

Facing a complicated and grim international situation, China chooses to not shut its doors but open up wider to the outside, which will help inject new impetus to global economic recovery. We are aiming to more free trade between countries abroad and home.

We Epic products will seize the chance to export our Stainless Steel Bottles, Ceramic Mugs, Garden Watering Cans. Welcome to send inquiry and will exert all our effort to support your business.