Hainan will increase the fourth tax-free license for outlying islands. Who will it be spent on?

At present, An Baili, Lingnan Holdings, Dashang and other companies are all vying for tax-free licenses for outlying islands, but the specific cost has not yet been decided. With the rapid development of Hainan's tourism industry, it is particularly important to expand Hainan's consumer market, increase tax-free licenses for outlying islands and increase the core competitiveness of Hainan's consumer market.

As early as July, three companies were granted tax exemption permits for outlying islands. After several months of development, the sales of these three companies have been increasing, and the related share prices are also rising. Therefore, the addition of the fourth tax-free license for outlying islands in Hainan this time is to take a fancy to the huge consumer market brought about by the tax-free policy, thus attracting more people to travel to Hainan. This will not only promote the economic development of Hainan, but also improve the competitiveness of domestic enterprises in the international market, and make Hainan the most famous tourist destination in the world. Therefore, no matter who gets the fourth tax-free permit for outlying islands, it will only be beneficial to the development of Hainan.

The reason why Hainan can vigorously develop the tax exemption policy lies in its special status. As early as 1978, the country carried out reform and opening up, so many cities have many opportunities for development. Hainan is a famous tourist destination in China, and its unique geographical location naturally becomes a special care province in China. Since then, Hainan has become the only provincial-level special economic zone in China, thus enjoying more autonomy in economic development. After decades of development, Hainan has become a world-famous tourist attraction and consumption area. These facts prove the correctness of China's reform and opening up. It is believed that Hainan will increase more tax-free licenses for outlying islands in the future, and the fourth tax-free license is only the beginning.

If we want to seek economic development, then we should actively carry out reform and opening up. Now we can live in such a prosperous and stable China, thanks to the correct strategy of China's economic development. Only by persisting in reform and opening up in the future can we achieve a better life.