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Business Leaders' Advisory Council For The Hainan Provincial People's Government Has Founded
2019-01-15

By Afra Jin/Hellosnya


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On January 12th the founding conference for Business Leaders' Advisory Council for the Hainan Provincial eople's Government was held in Sanya. 

Council members were selected at the conference with Jack Ma (Ma Yun) being elected Executive Chairman and Pony Ma (Ma Huateng) Vice Chairman. 

The primary council will consist of 5 exceptional Chinese entrepreneurs. They are founder and Chairman of Alibaba Group Holding Limited Jack Ma (Ma Yun), Chairman and CEO of Tencent Holdings Limited Pony Ma (Ma Huateng) ,Chairman of Sinochem Group Ning Gaoning, National School of Development Economics Professor at Peking University Zhou Qiren and founder of Ctrip Liang Jianzhang.


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Jack Ma said, “To realize a continuous quality GDP growth, the government and enterprises need to jointly improve economic conditions. A new FTZ Hainan should take an active part in the formulation of world trade rules. We can learn from Hong Kong, a developed FTZ, but eventually we will surpass Hong Kong.”


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In the speech he provided some tentative suggestions for the construction of Hainan FTZ (Free Trade Zone):

1. Hainan has exceptional tropical natural conditions. The main idea of Hainan construction should be aimed at creating a happy and healthy living environment for the people of Hainan. 

2. Build Hainan a digital free trade port, where entrepreneurs from all over the world are welcome. 

3. Develop e-WTP (Electronic World Trade Platform) in Hainan.

4. Implement tax system reforms and apply Blockchain Technology.

5. Put great efforts into developing occupational education and reserve talent resources from tourism and e-commerce industries.

6. “Overtake in the other lane”— Go ahead of others and do what has never been done before.

7. Support the development of small and medium-sized enterprises.

8. Optimize the business environment and create the Hainan "Gold Rush".

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