海南自贸港离岸贸易印花税优惠成效初显 中新网海口9月26日电 (刘碧波 许小芬)国家税务总局海南省税务局总经济师刘星26日介绍，自2025年4 月1日离岸贸易印花税优惠政策在海南自贸港实施后，二季度海南全省21户企业享受到967万元印花税减 免，政策对离岸贸易的支持效应已初步显现。 为确保政策平稳落地，海南省税务局联合财政、商务、外汇管理等部门，建立跨部门协调机制，并与海 南省商务厅共享近三年离岸转手买卖企业信息，为政策精准推送及后续服务管理打下基础。 今年3月，财政部、税务总局发布《关于继续实施离岸贸易印花税优惠政策的通知》(财税〔2025〕10 号)，明确对注册登记在海南自由贸易港、中国(浙江)自由贸易试验区等自由贸易港(区)的企业开展离岸 转手买卖业务书立的买卖合同，免征印花税。 为了做好政策落实中的风险防控，海南省税务部门牵头构建"事前宣传辅导、事中提示提醒、事后风险 应对"全链条管理服务机制，联合相关职能部门建立申报信息复核机制，避免企业违规享受优惠。同 时，在海南省商务厅牵头建设的离岸贸易综合服务平台中，海南税务部门专门开发离岸转手买卖印花税 减免信息交互、审核模块，通过数字化手段提高协税护税效率 ...

Core Viewpoint - The Shanghai Lingang New Area is enhancing its role as a platform for higher-level opening-up, contributing to the "Lingang Plan" for international trade and investment [1][14]. Economic Growth and Development - The Lingang New Area has seen an average annual growth rate of 17.6% in regional production value over the past six years, with the number of market entities increasing to 156,000 [3]. - The area has introduced 166 innovative or leading open measures, with 79 being nationally pioneering cases [3]. - The number of listed companies in the Lingang New Area has increased from 9 in 2020 to 17 in 2024 [3]. Talent and Population - The Lingang New Area has attracted 141,000 talents, with a population of 580,000, reflecting a growth rate of 80% [4]. Offshore Trade and Services - The "Going Out" comprehensive service platform was established to assist Chinese enterprises in international expansion, featuring over 500 professional service institutions [15][16]. - The platform has facilitated over 15,000 offshore trade authenticity verifications, with total payment amounts exceeding 430 billion RMB, accounting for 70% of offshore trade [16]. Financial and Insurance Innovations - The area has developed a reinsurance market, with a trading scale of 39.26 billion RMB and premium registration exceeding 84.2 billion RMB [7]. - The establishment of a risk-sharing mechanism for the aviation industry has led to a reduction in insurance prices by over one-third [8]. Future Plans and Strategic Goals - The Lingang New Area aims to enhance its service network by expanding its presence across China and establishing over 40 liaison stations globally [15]. - The area is focused on integrating offshore trade, financial services, and digital solutions to create a comprehensive support system for enterprises [9][10]. Institutional Innovation - The Lingang New Area is positioned as a "testbed" for institutional innovation, contributing to Shanghai's development as a global financial center [10][17]. - The area emphasizes the importance of aligning local regulations with international standards to facilitate cross-border trade and investment [17].

Core Insights - The establishment of the Lingang New Area in Shanghai Free Trade Zone marks six years of significant institutional innovation, with 166 breakthrough cases, including 79 national firsts, aimed at enhancing China's reform and opening-up efforts [2][3] Group 1: Data Cross-Border Flow - The Lingang New Area has successfully implemented a data cross-border flow mechanism, allowing companies to legally and efficiently process data across countries, thus overcoming previous regulatory barriers [1][5] - Over 20 companies are now engaged in similar data processing businesses, supported by the establishment of an international data processing hub [1][5] Group 2: Foreign Investment and Telecommunications - The approval of foreign companies to engage in value-added telecommunications services in Lingang represents a significant step in aligning with international standards and enhancing digital solutions for global trade [3][6] - The establishment of a service platform for foreign telecommunications enterprises has facilitated the entry of three foreign companies into the pilot program, enhancing their market access [3] Group 3: Trade Facilitation - The "direct release" policy in the Yangshan Special Comprehensive Bonded Zone has significantly reduced customs clearance time from 2 days to 2 hours, cutting costs by 50% for enterprises [4] - The total import and export volume in the Yangshan Special Comprehensive Bonded Zone has grown at an annual rate of 26.9% since the start of the 14th Five-Year Plan [4] Group 4: Offshore Trade Growth - The offshore trade scale in Lingang has surpassed $15.04 billion in the first half of the year, marking a 23.6% increase and accounting for 48.2% of the city's total [7] - The introduction of tax exemptions for offshore trade until 2027 is expected to further stimulate growth in this sector [6] Group 5: Innovation and Entrepreneurship - The Lingang New Area emphasizes the importance of nurturing innovation and entrepreneurship, launching initiatives to support tech startups and attract talent [8][9] - The establishment of the "Maker Home" and funding programs aims to alleviate financial pressures on early-stage teams, fostering a conducive environment for innovation [9][10] Group 6: Long-term Vision - Lingang aims to create a high-quality institutional environment that attracts talent and enterprises, positioning itself as a key area for technology transfer and youth entrepreneurship [10]

Group 1 - The core viewpoint of the news is that China CITIC Bank Shanghai Branch has successfully implemented a pilot project for offshore trade background verification, enhancing the efficiency of cross-border financial services for foreign trade enterprises [1][2] - The pilot project involved a chemical trading company engaged in wholesale sales of chemical products, primarily operating in the Southeast Asian market, and facilitated an offshore settlement of nearly $500,000, improving processing time by 2-3 working days compared to traditional methods [1][2] - Offshore trade is recognized as a new form of international trade that enhances China's global resource allocation capabilities, aligning with national policies to support new trade formats and promote high-level financial openness [1][2] Group 2 - The challenges of verifying the authenticity of offshore trade backgrounds include difficulties in information acquisition, complex verification processes, and lengthy timeframes, which the bank aims to address through innovative regulatory policies and the integration of the national foreign exchange administration's cross-border financial service platform [2] - By leveraging big data and secure data sharing with customs and tax authorities, the bank has significantly improved the automation, standardization, and credibility of background verification, thereby reducing document review times and mitigating business risks for offshore trade enterprises [2] - Moving forward, the bank plans to expand its services in offshore trade settlements and cross-border financing, providing efficient and convenient financial services to enterprises engaged in international trade, thereby contributing to the development of a robust offshore trade financial ecosystem [2]

Group 1 - The People's Bank of China announced eight policy measures to be implemented in Shanghai, including a pilot program for offshore trade financial services in the Lingang New Area and the optimization of free trade account functions [1] - The pilot program for offshore trade financial services aims to enhance cross-border settlement efficiency by utilizing offshore trade specialized companies and the "electronic fence" function of free trade accounts [1] - As of July 18, the pilot program has seen 22 offshore trade transactions completed, with a total cross-border income and expenditure of 648 million yuan [1] Group 2 - The People's Bank of China is actively promoting the implementation of the free trade account function upgrade plan, which aims to create a funding management structure with higher entry thresholds and controlled penetration [2] - The upgrade plan is based on the existing free trade account system and is designed to support more reform and innovation tasks [2] - Feedback from the public consultation on the upgrade plan will be used to revise and finalize the implementation measures before formal release [2]

Core Viewpoint - The implementation of the offshore trade stamp duty exemption policy in the Hengqin Guangdong-Macao Deep Cooperation Zone is expected to reduce operational costs for companies and attract more cross-border businesses, thereby promoting economic diversification in Macau [1][2]. Group 1: Policy Implementation - Guangdong Jixing Metal Co., Ltd. has benefited from the new offshore trade policy, reporting a contract declaration of 120 million yuan that resulted in a tax exemption of 35,000 yuan [1]. - The policy, effective from April 1, 2025, to December 31, 2027, exempts stamp duty for offshore trade contracts in the China (Guangdong) Free Trade Pilot Zone [1]. Group 2: Economic Impact - The offshore trade stamp duty exemption is expected to accelerate the flow of high-end cross-border resources and support the moderate diversification of Macau's economy [1]. - The policy is seen as a means to help companies lower operational costs and attract more cross-border enterprises to the cooperation zone, aiding in achieving the second phase development goals [1]. Group 3: Government Support - The Hengqin tax authority is actively identifying eligible offshore trade enterprises and providing tailored policy guidance to ensure effective implementation [2]. - Future efforts will focus on collaboration with other departments to promote the healthy development of offshore trade and address any emerging issues faced by enterprises [2].

Core Viewpoint - Zhoushan is emerging as a significant hub for the commodity trading industry, leveraging national strategies to enhance its oil and gas industry and expand into various commodities, marking a historic opportunity for open development [1][2]. Group 1: Development of Commodity Trading Center - The establishment of the "Zhejiang International Commodity Trading Center" aims to expand the oil and gas industry experience into other commodities such as iron ore, non-ferrous metals, and agricultural products [1]. - The Zhoushan government has outlined a clear action plan to support the construction of the commodity trading center, focusing on enhancing trading platform capabilities and price influence [1][4]. - The integration of various trading platforms under the Zhejiang International Commodity Trading Center is a crucial step towards building a modern commodity circulation system in Zhejiang Province [2]. Group 2: Price Index and Market Influence - "Zhoushan Price" has become a significant price index for low-sulfur fuel oil, breaking the monopoly of overseas markets and enhancing its global market presence [3]. - The Zhejiang International Oil and Gas Trading Center has launched several price guidance products and indices to improve the influence of the Zhoushan Price, including the "Zhoushan Biodiesel Storage Comprehensive Price" [3]. - The trading center has facilitated transactions worth approximately 88.3 million yuan through its price window system, indicating a growing market activity [3]. Group 3: Policy Support and Future Plans - The Zhoushan government has been actively developing policies to support the integration of commodity trading and has proposed various measures to enhance the trading center's capabilities [4]. - Future plans include further integration of trading platforms, enhancing trading varieties, and optimizing trading models to increase transaction scale and price influence [4]. - The government aims to create a better business environment to attract various market participants and promote trade aggregation [4].

Core Viewpoint - The "Tongjiang Bridgehead Economic Zone" Sino-Russian economic and trade cooperation conference held in Tongjiang, Heilongjiang Province, resulted in the signing of 26 key projects across various sectors, aiming to enhance Sino-Russian economic cooperation and promote high-quality development in the region [1][2]. Group 1: Economic Cooperation - The conference highlighted the strategic importance of Tongjiang as a vital channel connecting Russia and Europe, with the Tongjiang port being the only port in Heilongjiang Province that supports water, road, and rail transport [1]. - The local government aims to leverage this conference to establish Tongjiang as a new high ground for Sino-Russian cooperation, emphasizing openness, quality resources, and supportive services for enterprises and investors [1]. Group 2: Project Signings and Initiatives - A total of 26 key projects were signed, covering areas such as smart logistics, cross-border trade, high-end manufacturing, and agricultural cooperation [1]. - The establishment of the Tongjiang-Russia Trade Industry Association marks a new phase of organized and standardized Sino-Russian economic cooperation [2]. - The signed projects include innovative explorations of the "two countries, dual parks" model, market expansion through "equipment research and development + technical services" joint ventures, and new business layouts in cross-border finance and digital supply chains [2].

Group 1: Economic Development and Policy Initiatives - Xiamen has transformed from a "test field" to a "demonstration zone" over 40 years of reform and opening up, showcasing significant economic development [1] - The Xiamen Free Trade Zone (FTZ) has introduced 632 innovative measures, contributing to national reform and providing replicable experiences [1][3] - The FTZ has become a key area for major reform policies, with 153 nationally pioneering initiatives and 31 "Xiamen experiences" promoted by the State Council [3] Group 2: Offshore Trade and Financial Innovations - The Xiamen FTZ has seen rapid growth in offshore trade and cross-border e-commerce, with policies established to support these new business models [4] - A "Global Supply Chain and Offshore Trade Financial Service Platform" was launched to enhance trade authenticity verification and reduce risks [4][5] - The FTZ has been designated as a pilot city for new offshore international trade, with policies that significantly lower transaction costs for businesses [5] Group 3: Cross-Border Trade Facilitation - Recent pilot policies have simplified cross-border trade and investment processes, reducing the time for transactions from a week to one day [7][8] - The implementation of cross-border RMB settlement has increased efficiency and reduced costs for enterprises, with a 27.7% average growth in cross-border RMB settlement over the past five years [9][10] - Companies have reported improved operational efficiency and reduced financial management costs due to the adoption of cross-border RMB transactions [11]

Core Viewpoint - The development of offshore finance in China should be explored with a higher perspective and broader vision, focusing on domestic economic needs while deeply integrating into the international financial system to form a new pattern of coordinated development between domestic and foreign markets [1] Group 1: Role of Offshore Finance - Offshore finance enhances the international influence of financial markets, attracting global financial resources and increasing the trading activity and liquidity of financial markets [2] - The introduction of various offshore financial products enriches the financial market functions in international financial centers like Shanghai, meeting diverse investor needs and strengthening resource allocation capabilities [3] - Engaging in offshore finance requires familiarity with international rules and laws, prompting financial institutions to innovate products and improve risk management, thereby enhancing their international competitiveness [4] Group 2: Promotion of Offshore Trade and Economic Growth - Offshore finance promotes the development of offshore trade by providing essential services such as cross-border payments and trade financing, which helps businesses expand their market competitiveness [5] - Offshore finance supports the growth of offshore economies by offering services to domestic enterprises expanding into international markets, creating a mutually beneficial relationship that drives sustainable economic development [6] Group 3: Challenges in Offshore Finance Development - There is insufficient coordination between domestic and foreign offshore finance, leading to inconsistencies in standards and operations, which can result in regulatory and interest rate arbitrage [8] - Domestic offshore financial accounts still have functional deficiencies compared to international standards, hindering the support for RMB internationalization [9] - The range of offshore financial products in domestic free trade zones needs to be further diversified, as current explorations remain theoretical without substantial pilot testing [10] - The legislative progress for offshore finance needs to accelerate, particularly in areas like offshore banking and trade dispute resolution [11] Group 4: Pathways for Strengthening Offshore Finance - It is recommended to establish offshore banks in free trade zones, which would operate under international standards and primarily serve domestic enterprises' cross-border transactions [12] - Accelerating the pilot and innovation of offshore financial products is essential, with a focus on adapting international best practices to local conditions [13] - Coordinating the development of domestic and foreign offshore finance markets is crucial, including enhancing market connectivity and regulatory collaboration [14] - Tax optimization measures should be implemented to reduce operational costs for financial institutions and attract more international business [15] - Strengthening legal frameworks and international regulatory cooperation is necessary to ensure compliance and stability in offshore finance [16] - Legislative efforts should be made to support various offshore financial activities, promoting legal and compliant operations within the domestic market [17]