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RESOLUTION OF THE NATIONAL PEOPLE'S CONGRESS ON THE ESTABLISHMENT OF THE HAINAN SPECIAL ECONOMIC ZONE

    Having examined the proposal of the State Council on establishing the
Hainan Special Economic Zone, the First Session of the Seventh National
People's Congress has decided:

    1. to delimit Hainan Island as the Hainan Special Economic Zone; and

    2. to authorize the People's Congress of Hainan Province and its Standing
Committee to formulate, in the light of the specific conditions and actual
needs of the Hainan Special Economic Zone and in accordance with the relevant
laws of the state, the relevant decisions of the National People's Congress
and its Standing Committee and the principles of the relevant administrative
rules and regulations of the State Council, regulations for enforcement in the
Hainan Special Economic Zone, which shall be submitted to the Standing
Committee of the National People's Congress and the State Council for the
record.