Core Points - The Hainan Free Trade Port will implement a "zero tariff" policy after its full island closure operation starts in December 2023, significantly enhancing the liberalization and facilitation of goods trade [1][2] Summary by Sections Changes in "Zero Tariff" Policy - The coverage of "zero tariff" goods will increase significantly, expanding from 1,900 tax items to approximately 6,600 tax items, which accounts for about 74% of all goods, a 53% increase compared to pre-closure policies [1] - The restrictions on the policy will be further relaxed, allowing "zero tariff" goods and their processed products to circulate among eligible entities without paying import duties [1] Regulatory Characteristics of "Zero Tariff" Goods - A regulatory time limit will be set for eligible "zero tariff" goods, which will automatically lift customs supervision upon expiration. This includes specific management for "zero tariff" vehicles and self-use production equipment [2] - Goods transported from mainland ports to the Hainan Free Trade Port can also enjoy the "zero tariff" policy, expanding the eligible scope by at least 30% [2] - "Zero tariff" goods and their processed products can be stored freely within the Free Trade Port without a storage time limit, which can help reduce operational costs for logistics and trade companies [3]
海口海关:海南自贸港封关后“零关税”货物监管呈现三大特点
Zhong Guo Xin Wen Wang·2025-10-31 12:34