{"id":1552,"date":"2018-04-15T11:53:33","date_gmt":"2018-04-15T14:53:33","guid":{"rendered":"http:\/\/www.abrazpe.org.br\/?p=1552"},"modified":"2018-04-15T11:53:33","modified_gmt":"2018-04-15T14:53:33","slug":"china-to-set-up-free-trade-zone-in-southern-island-province-of-hainan","status":"publish","type":"post","link":"https:\/\/www.abrazpe.org.br\/index.php\/2018\/04\/15\/china-to-set-up-free-trade-zone-in-southern-island-province-of-hainan\/","title":{"rendered":"China to set up free trade zone in southern island province of Hainan"},"content":{"rendered":"<p class=\"estimated-read-time\">Tempo de leitura:<small> 1 minuto<\/small><\/p> <p>China will set up an international free trade zone and port on the island of Hainan, state radio said on Friday, citing President Xi Jinping, granting foreign firms greater economic freedom in the southernmost province.<\/p>\n<p>The announcement came on Hainan\u2019s 30th anniversary as a province. Originally administered as part of nearby Guangdong on the mainland, the South China Sea island was given province status in 1988 and was declared the country\u2019s fifth special economic zone as part of former leader Deng Xiaoping\u2019s opening up of China.<\/p>\n<p>In recent weeks, shares of listed Chinese firms such as Hainan Expressway Co and Hainan Strait Shipping Co had soared. Investors were betting that Xi would unveil new plans to further open up the island province\u2019s economy when he attended the Boao Forum &#8211; Asia\u2019s equivalent of Davos &#8211; in Hainan this week.<\/p>\n<p>There has also been speculation that China intends to establish Hainan as a rival to free-wheeling Hong Kong, a former British colony that returned to Chinese rule in 1997.<\/p>\n<p>Xi also said China supported Hainan in setting up international energy and shipping-related commodity exchanges, state radio reported. \u00a0At the Boao Forum, Xi pledged to further open China\u2019s economy and cut import tariffs this year.<\/p>\n<p>Hainan is rich with natural resources both onshore and offshore. Sinopec operates an oil refinery there while Cnooc drills for gas in some offshore fields. \u00a0Hainan also accounts for about half of China\u2019s rubber output. \u00a0Known for its sandy beaches and resort-lined coast, Hainan has also been a frequent host of the Miss World pageant since the early 2000s.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-china-economy-hainan\/china-to-set-up-free-trade-zone-in-southern-island-province-of-hainan-idUSKBN1HK1GX\">Leia mais<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><small> 1 minuto<\/small> China will set up an international free trade zone and port on the island of Hainan, state radio said on Friday, citing President Xi Jinping, granting foreign firms greater economic freedom in the southernmost province. The announcement came on Hainan\u2019s 30th anniversary as a province. Originally administered as part of nearby Guangdong on the mainland, the South China Sea island was given province status in 1988 and was declared the country\u2019s fifth special economic zone as part of former leader Deng Xiaoping\u2019s <a href=\"https:\/\/www.abrazpe.org.br\/index.php\/2018\/04\/15\/china-to-set-up-free-trade-zone-in-southern-island-province-of-hainan\/\" class=\"more-link\"><span>Continue lendo<\/span>\u2192<\/a><\/p>\n","protected":false},"author":4,"featured_media":132,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["entry","author-adm_hb2018","post-1552","post","type-post","status-publish","format-standard","has-post-thumbnail","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/1552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/comments?post=1552"}],"version-history":[{"count":1,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/1552\/revisions"}],"predecessor-version":[{"id":1553,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/posts\/1552\/revisions\/1553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media\/132"}],"wp:attachment":[{"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/media?parent=1552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/categories?post=1552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abrazpe.org.br\/index.php\/wp-json\/wp\/v2\/tags?post=1552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}