Cheng Shi and Qian Zhijun: Hainan and Hong Kong find their functions. In the context of the high protectionism, the two places are expected to go win -win and become the core strategic fulcrum of China's high -level openness.

Wang Yuxing, walk with Zi.Since the overall plan of Hainan's Free Trade Port Construction on June 1, the market has focused on the similarities and differences between Hainan and Hong Kong.

Under the overall situation of China's reform and opening up, the differences between the two are that Hainan and Hong Kong will assume their special strategic functions, and their differences run through functional positioning, industrial structure, global role and system characteristics.The future of Hainan is not the second Hong Kong, but a unique self.The same thing is that the road to Hong Kong, the road of growth in Hainan has both an institutional design and a spiritual core, which has laid a multi -dimensional foundation for the same spirit and in -depth cooperation between the two places.

Looking forward to the future, Hainan and Hong Kong seek the differences in functional differences, and the similarities and co -existences will be the long -term theme of complementary, echoing, and inheritance.Under the global situation of high protectionism, the two places are expected to go win -win and become the core strategic fulcrum of China's high level of opening up.

The future of Hainan is not the second Hong Kong, but a unique self.

According to the overall idea of the overall plan of the Hainan Free Trade Port, the future of Hainan and the current Hong Kong have very different strategic functions. The differences between the two will be clearly reflected in the four levels.

First, in terms of functional positioning, Hong Kong is now the sixth international financial center in the world, focusing on connecting domestic and foreign trade flow and capital flow.In the future, Hainan will grow into a free flow of elements to guide the global agglomeration, configuration and fusion of materials, capital, personnel, technology, and data.

Second, in terms of industrial structure, trade, finance, real estate, tourism, and services constitute the main pillar of the current Hong Kong economy.In contrast, the industrial structure of Hainan in the future is more realistic and new. On the basis of the tourism and modern service industry, the high -tech industries are developed.Get the first advantage of the industrial upgrading fields such as the Industrial Internet and DCEP.

Third, in terms of the global role, Hong Kong is currently investing in China's virtual body, holding the status of international financial centers, connecting convenience tools such as Lugangtong and Bondon, and providing channels for international capital investment to Mainland China.In the future, Hainan will invest in China.The gathering effect of global production factors, the geographical space of 35,000 square kilometers, superimposed the first line of release, and the system design controlled by the second line is expected to attract international capital to take root in Hainan and directly integrate into the large cycle of the real economy of China.

Fourth, in terms of institutional characteristics, based on one country, two systems, Hong Kong will maintain a unique competitive advantage and development path.Unlike, the future of Hainan in the basic system is consistent with the Mainland, which is more conducive to liberalizing hands and feet, and exerting the first trial function of the test field.In addition, Hainan's innovative results also reflect Chinese characteristics, and it is easier to transplant to the Mainland, thereby promoting high -level openness from special cases to customary practice.

The road of benchmarking Hong Kong, Hainan's growth is both shaped and similar.

Focusing on external appearance, on the one hand, from the upgrading of the free trade zone to a free trade port, Hainan is expected to be in Hong Kong in Hong Kong in Hong Kong.On the other hand, the development goal of Hainan Free Trade Port does not happen overnight, but is divided into three stages of steady and stable, and promoted layer by layer. It is also similar to the exploration path of the development of the business environment in Hong Kong.

It is similar to the internal gods, and Qionggang has the spiritual characteristics of the same spirit.Looking back at history, Hong Kong has developed from Bianzheng Fishing Village to an international financial center, depending on the spirit of pioneering and self -reliance.With this reflection, for more than 30 years in the Special Economic Zone of the Provincial Economic Office, Hainan has actively made breakthroughs in financial, medical care, green industries, education, tourism, etc., showing a similar spirit of struggle.Looking forward to the future, based on a series of system innovation, Hainan is expected to bred the spirit of the five -finger mountain. On the basis of pioneering self -improvement, it further highlights the four spiritual traits: tolerance atmosphere; rational cognition; self -liberation; self -discipline gas field.As a result, Hainan Wuzhishan's spiritual expected to echo the corner of the spirit of the Lion Rock in Hong Kong, forming the humanistic heritage of in -depth cooperation between the two places.

Hainan and Hong Kong's lips and teeth are dependent on, and it is expected to win a win -win situation in the future.

Compared with Hong Kong, in the future, Hainan has both the differences in strategic functions and the similarities of mental cores.Based on this, under the overall situation of China's reform and opening up, the three major themes will lead the relationship between Qionggang in the long run.

The first is complementary.Hong Kong's highly developed financial markets will provide sufficient capital, professional strategic investors and diversified financial instruments for the development of Hainan's high -tech industries. Hainan will feed the Hong Kong's high -quality investment target and financial assets to consolidate the Hong Kong financial systemThe core pillar.Hong Kong's international leading service industry system and educational resources will provide high -quality talent echelons for Hainan's tourism, consumption and modern service industry, and Hainan will give back to the younger generation of Hong Kong with broad development space.

The second is echo.In the background of high protectionism, Hainan and Hong Kong will jointly constitute a key strategic fulcrum.Construction and RECP hub.Based on this, the Chinese economy will gain multiple strategic initiative.On the one hand, the headquarters economic effect of Qiong Port is a wedge, and actively participated in the re -shaped of the global industrial chain. While accelerating the integration of the global economy, the high -tech industry, digital economy, and fintech pushing China's position in the global value chain in the worldEssenceOn the other hand, with the duty-free shopping dividend of Qionggang as a springboard, it guides the return of overseas consumer demand and supports China to accelerate the upgrade from the center of supply chain to the global supply-demand chain dual hub.

The third is inheritance.In the process of building a rule of law, internationalization, and convenient business environment in Hainan, Hong Kong will provide multi -position mirror and benchmark. In the future, the spirit of Wuzhishan will also be sublimated and sublimated to the spirit of the Lion Rock.From Hainan as the starting point, the new open model and development concepts are expected to extend to the hinterland of China's economic hinterland, prompting the opening of the development from the point and the development of the policy to the culture.

(Author introduction: Cheng Shi is the international chief economist of ICBC; Qian Zhijun is an international senior economist of ICBC. This article only represents the author's point of view. Responsible for the email of the email: [email protected])