Hainan uses full-chain system innovation to optimize the business environment and attract foreign investment projects.

China News Service, Haikou, October 1 (Reporter Zhang Qianyi) Whether the business environment is good or not is directly felt by business entities. From access to supervision to law enforcement, Hainan is innovating the entire chain of systems to continuously optimize the business environment and lay a solid foundation for the development of various business entities in Qiong.

At a press conference held by the Hainan Provincial Information Office on September 30, Lin Gang, deputy director and spokesperson of the Hainan Provincial Administration for Market Regulation, said that Hainan has implemented institutional innovation throughout the entire market supervision chain, striving to allow companies to "enter, retain, and develop well."

On December 18, 2025, the Hainan Free Trade Port officially launched Siemens Energy (Hainan) Co., Ltd., the first landmark foreign-invested manufacturing project after the island-wide customs closure, was established in Yangpu Economic Development Zone, and simultaneously started construction of a gas turbine assembly base and service center. The picture shows the unveiling ceremony of Siemens Energy (Hainan) Co., Ltd. Photo by China News Service reporter Luo Yunfei

Access is the “first door” to the business environment. Hainan will insist on paying equal attention to delegation and regulation, not only making subtractions and reducing costs on the "access side", but also making additions and optimizing services on the "development side".

Specific measures are, on the one hand, to deeply implement the market access commitment-based system, promote the introduction of local laws and regulations to solidify the reform results, open up cross-border notarization and authentication, identity verification channels, and promote the integrated management of foreign investment access and market access; on the other hand, establish and improve the enterprise classification and classification service system, supporting "advance assistance" customized guidance and "policy express" push mechanism, and promote the extension of services from "access convenience" to "full-cycle cultivation".

When access is relaxed, supervision cannot be absent. Lin Gang said that supervision should not only "disturb nothing" but also "be everywhere". Hainan will insist on taking credit as the basis and wisdom as the support to promote the transformation of the supervision model from "extensive inspections" to "precision control".

In terms of precise supervision by classification and classification, Hainan will comprehensively implement "double random and one open" supervision based on credit risk classification. Supervisory matters will determine the frequency of random inspections based on differentiated credit levels. Trustworthy business entities will be "undisturbed" and untrustworthy high-risk entities will be "focused on supervision" to achieve a two-way balance between improving supervision efficiency and reducing corporate burdens. It will accelerate the construction of a province-wide unified market supervision digital intelligence platform, use big data and artificial intelligence to accurately identify risk hazards, and promote the extension of supervision from post-processing to ex-ante prevention and in-process management and control.

A fair and orderly market order cannot be separated from the protection of the rule of law. Lin Gang said that Hainan will focus on precise law enforcement in key areas, deepen special rectification in the field of people's livelihood, coordinate the promotion of full-chain governance in key areas such as platform economy, prices, and advertising, and severely crack down on all types of illegal activities. (over)