Resources Science ›› 2021, Vol. 43 ›› Issue (2): 229-240.doi: 10.18402/resci.2021.02.03

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Resource endowment, economic foundation, and the construction of Hainan Free Trade Port

CHENG Yeqing1,2(), ZHANG Jinping1,2, CHEN Yan1,2()   

  1. 1. College of Geography and Environmental Science, Hainan Normal University, Haikou 571158, China
    2. Hainan Key Laboratory of Earth Surface Processes and Environmental Change, Haikou 571158, China
  • Received:2021-01-02 Revised:2021-02-17 Online:2021-02-25 Published:2021-04-25
  • Contact: CHEN Yan E-mail:34794249@qq.com;cheny662@nenu.edu.cn

Abstract:

The construction of the Hainan Free Trade Port is a momentous measure of China’s reform and opening up and a major strategic decision scientifically planned by The Central Committee of the Communist Party of China, which has great significance for China’s in-depth reform and innovation, establishing a new high-level open and modern economic system, supporting economic globalization, and building a community with a shared future for mankind. Facing the overall goals and practical needs of the construction of the Hainan Free Trade Port, and from the perspective of comprehensive geographical research based on the policy interpretation and theoretical analysis of the overall plan of the construction of the Hainan Free Trade Port, this study analyzed the resource endowment, economic foundation, industrial transformation, and the existing problems in the construction of the Hainan Free Trade Port, and discussed the optimal allocation of resources and economic transformation path in response to regional changes, resource constraints, and economic globalization, aiming at providing a scientific basis and practical reference for promoting the construction of the Hainan Free Trade Port. The study concluded that: (1) Hainan has superior geographical conditions and abundant natural resources, which can provide resource support for the construction of the Hainan Free Trade Port, but it faces a number of resource constraints such as poor geographic proximity to major economic centers, insufficient reserve land resources, and shortage of high-end human resources. (2) Since the establishment of Hainan Province and the special economic zone, the economic scale of the region has continued to grow, the industrial structure has been continuously optimized, the level of industrial specialization has been improved, and the supporting capabilities of key industries have been enhanced, but there still exist outstanding problems such as relatively poor quality of economic growth, weak advantages of dominant industries, low degree of industrial specialization, and suboptimal industrial spatial layout. (3) We should pay more attention to the limitation of geographical location, shortcomings of resource and quality of economic growth of Hainan, and strengthen the construction of transport infrastructure and economic cooperation with the Chinese hinterland and the international market, optimize the allocation of natural and social resources, accelerate economic transformation and industrial upgrading, and promote its economic location advantages, resource guarantee capabilities, and economic quality and competitiveness, so as to promote the institutional reform and innovation, the construction of modern industrial systems, and the construction process of the Hainan Free Trade Port effectively and achieve the development goal of a high-level free trade port.

Key words: resource endowment, location quotient, resource allocation, economic transformation, Hainan Free Trade Port