Chapter 644: Chapter 283 Journalist Q&A Chapter 644: Chapter 283 Journalist Q&A Yan Fei had just announced seven pieces of news, but he had not provided any detailed explanations, so although everyone was shocked by the news, they were also full of questions. Now that they had the opportunity to ask questions, all the media journalists raised their hands.

Lu Pingping glanced at the reporters below and casually pointed to a petite woman, who immediately stood up and said, “Mr. Yan Fei, hello! I am Gao Hong, a journalist from China's Xixi TV. First, I want to congratulate you on owning such a beautiful Dream Island, and then I would like to ask a question.”

Yan Fei said, “Please ask.”

Gao Hong said, “You have already mentioned that Dream Island is your private property, so how do you plan to manage the workers on Dream Island? Also, what is the relationship between Dream Island and the country? Will enterprises on Dream Island be taxed by the country? And what procedures do people need to go through if they want to visit Dream Island?”

All the journalists attending the news conference for Dream Island were specifically selected and appointed by the Chinese side. They had received clear instructions from their superiors before departure, knowing the relationship between China and Dream Island and also knowing the limits. Therefore, they would certainly hold back when asking questions, avoiding overly sensitive and tricky questions. Even so, the first journalist's question was quite sensitive and tricky, and a poor answer could leave a bad impression of Dream Island in the eyes of the Chinese people.

Yan Fei organized his thoughts for a moment, then spoke slowly, word by word, “Thank you for your question. The first thing I want to emphasize is that Dream Island is completely privately owned by me, so everything on Dream Island belongs to me, and I can establish the management methods for Dream Island on my own. However, the workers on Dream Island are Chinese, so when managing them, I will definitely maintain a high degree of consistency with the laws of China, but some changes suitable for the conditions of Dream Island will be made according to actual situations.”

“I am a Chinese, and Dream Island is my personal property, it is just an island, not a sovereign country. The nationality of the workers on Misty Island will not change. But according to international law, Dream Island is considered an island that has relinquished sovereignty and will not belong to any country in the future. Enterprises located on Dream Island, except for me, have no governance from any country, hence they naturally won't pay taxes to any country. However, the situation of Dream Island is very special; when its products are sold within China, a portion of special taxes will be paid to offset the economic losses caused by the inability to pay taxes to the country.”

The situation of Dream Island is very special, a case not previously seen in human history, which is why during the negotiations with the Chinese negotiation team, Yan Fei had taken the initiative to propose paying a portion of special taxes to the country to compensate for the losses that could not be collected through taxes. But because this is not a relationship between two countries, these taxes cannot be called tariffs, but special taxes instead.

Yan Fei said, “Because of my status as a Chinese person, Chinese people visiting Dream Island are not leaving the country but are entering a private area that belongs to an individual, and therefore no special procedures are necessary. However, since the area of Dream Island is not large and its capacity to receive guests is limited, those wishing to travel to Dream Island must make a reservation in advance through the Dream Island Official Website. Only after booking can one officially enter Dream Island.”

After listening to Yan Fei's explanation of Misty Island's status, everyone appeared contemplative, then once more they raised their hands.

Lu Pingping pointed to an ordinary-looking female journalist, who stood up and said, “Mr. Yan Fei, hello! I am Zhang Lu from Southern Newspaper. I would like to ask if the land on Dream Island can be bought and sold? If I want to build a house on Dream Island, what procedures are necessary?”

Yan Fei said, “It seems everyone is still very interested in the topic of houses!”

The audience started to laugh, as it is well known that whether willingly or not, real estate has become an important pillar of China's economy, which is why housing prices have remained high, far exceeding the purchasing power of ordinary people, leaving them sighing with desire. After discovering such a brand new island like Dream Island, they immediately thought of land and housing issues.

Yan Fei seriously said, “Whether now or in the future, there will be no sale of ownership rights to land on Dream Island in any form. If you want to use the land on Dream Island, it can only be done by leasing, and what is obtained is the right to use the land, not the ownership of the land. As for building a house on Dream Island, firstly, you need to obtain the right to use the land, and secondly, your construction must obtain approval and a permit from Dream Island.”

Upon hearing the conditions of land use on Misty Island that Yan Fei laid out, everyone felt a sense of familiarity. It turns out that Yan Fei was fully learning from China's experience! In China, land is state-owned, while on Dream Island, land is privately owned by Yan Fei; however, to a certain degree, their way of handling land ownership is consistent. It's only the sale of land use rights, keeping the ownership reserved, which has many benefits, already proven by China's experience. Therefore, Yan Fei certainly won't make the mistake of selling the ownership of land on Dream Island to others.

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