Gelonghui, June 2 | The Hainan A-share sector rose across the board. Among them, Hyde shares, Dadonghai A, and Huawen Group rose and stopped, and intercontinental oil and gas came to a stop. Kangzhi Pharmaceutical, Hainan Haiyao, Beijing Liangliang Holdings, Shuangcheng Pharmaceutical, Haiqi Group, Luo Niushan, etc. all rose markedly. The Central Committee of the Communist Party of China and the State Council issued the “Overall Plan for the Construction of the Hainan Free Trade Port”, which proposes vigorously developing tourism, modern services and high-tech industries, continuously consolidating the foundation of the real economy and enhancing the competitiveness of the industry. By 2025, a free trade port policy system focusing on free trade facilitation and investment freedom and facilitation will be initially established. CITIC Securities said that the tax exemption limit for the outlying islands of the Hainan Free Trade Port was raised from 30,000 to 100,000, the income tax rate for incentives was reduced to 15%, the personal income tax rate for talents did not exceed 15%, and residents of the island were able to buy imported goods duty-free based on a positive list, etc., which would benefit the local duty-free and tourism industry to open up space for development.