Core Viewpoint - The Hainan Free Trade Port is set to officially start its closure operation on December 18, 2025, following five years of construction and the establishment of a preliminary policy system [1] Group 1: Tax Policy Changes - After the closure, independent legal entities registered in Hainan Free Trade Port will be exempt from import taxes on goods outside the taxable item catalog [1] - The range of "zero tariff" goods will expand significantly from 1,900 to approximately 6,600 tax items, covering about 74% of all goods, an increase of nearly 53 percentage points compared to before the closure [2] - The threshold for the processing value-added goods to be exempt from tariffs has been lowered, allowing more enterprises to benefit from the policy [2] Group 2: Ongoing Tax Reforms - The Ministry of Finance has introduced multiple tax policies, including duty-free shopping for outbound tourists and preferential corporate and personal income tax rates [3] - The Ministry will continue to implement existing tax incentives to attract high-end talent and quality enterprises to Hainan [4] - The Ministry plans to actively research tax policies for imported goods consumed by local residents, allowing for duty-free purchases of certain imported products [4]

Core Viewpoint - The Hainan Free Trade Port will officially start its closure operation on December 18, with a focus on implementing a competitive tax system to support its development [1][3]. Tax Reform Measures - The Ministry of Finance will implement a step-by-step approach to tax reforms, including zero tariffs, low tax rates, and simplified tax systems, as outlined in the overall plan for Hainan Free Trade Port construction [1][3]. - Current preferential policies for corporate income tax and personal income tax will be maintained to attract high-end talent and quality enterprises to Hainan [3][4]. Expansion of Tax Policies - The range of zero-tariff goods will be expanded, and the list of taxable imported goods will be adjusted as needed [4]. - The duty-free shopping policy for outbound island residents will continue, with adjustments made to meet diverse consumer shopping needs [4]. Consumer Tax Policies - Research will be conducted on tax policies for imported goods consumed by residents on the island, with plans to allow tax-free purchases of certain imported products [4]. - The reform of sales tax, which includes the consolidation of various taxes such as value-added tax and consumption tax, will be advanced steadily and systematically [4].

Core Viewpoint - The Hainan Free Trade Port is set to officially start its customs closure on December 18, 2025, implementing more favorable "zero tariff" policies for imported goods, significantly expanding the range of goods eligible for these benefits [2]. Group 1: Policy Developments - The central government has approved the establishment of a policy system for the Hainan Free Trade Port, which has been progressively developed over the past five years [2]. - The "zero tariff" policy will increase the proportion of eligible imported goods from 21% to 74% after the customs closure [2]. Group 2: Processing and Value-Added Policies - The processing and value-added tax exemption policy has been a significant initiative, with 122 enterprises registered for this policy, resulting in approximately 100.3 billion yuan in internal sales and 8.4 billion yuan in tax exemptions over four years [3]. - The policy allows goods processed in Hainan with over 30% value added to be exempt from import duties when sold to the mainland [3][4]. Group 3: Policy Optimizations - The new policy will lower the threshold for enterprises to benefit, removing the requirement that 60% of total revenue must come from encouraged industries [4]. - The range of eligible imported materials will be expanded to include "zero tariff" goods, enhancing the policy's applicability [4]. - The calculation formula for value-added will be optimized to include the value of locally produced goods, making it easier for enterprises to meet the 30% value-added requirement [4]. - The cumulative value-added calculation will be expanded to allow for value addition across different enterprises, promoting industry chain development [4][5]. Group 4: Overall Impact - The overall adjustments to the processing and value-added policies are expected to lower the barriers for enterprises, broaden the scope of beneficiaries, and better meet the production needs of local businesses, fostering the development of industrial chains and clusters [5].

Core Viewpoint - The Hainan Free Trade Port is experiencing significant growth in foreign investment and trade, with preparations for its operational closure in place [1] Investment and Economic Growth - Hainan Free Trade Port has attracted actual foreign investment of 102.5 billion yuan, with an average annual growth rate of 14.6% [1] - The region has seen foreign direct investment of 9.78 billion USD, with an impressive average annual growth rate of 97% [1] - A total of 8,098 new foreign-funded enterprises have been established, reflecting an average annual growth of 43.7% [1] Trade Performance - Goods trade and service trade have experienced average annual growth rates of 31.3% and 32.3%, respectively [1] - The economic openness of Hainan has increased, with investments from 176 countries and regions, raising the economic external degree to 35% [1] Visa Policy - Hainan boasts the most favorable visa exemption policy in the country, allowing visa-free entry for citizens from 85 countries [1]

Core Viewpoint - The establishment of a "zero tariff" policy in Hainan Free Trade Port marks a significant step towards trade liberalization and facilitation, with a comprehensive tax policy framework set to be implemented upon the port's closure [1][2]. Group 1: Tax Policy Changes - The new tax policy will implement a "zero tariff" system as the core of the goods trade liberalization, integrating existing "zero tariff" policies into a new framework [1]. - The policy includes three main components: exemption from import taxes for goods outside the import tax list for registered independent legal entities and qualifying organizations, free circulation of "zero tariff" goods and their processed products within the island, and exemption from import duties for goods produced by encouraged industries with over 30% value addition when entering the mainland [1]. Group 2: Policy Enhancements - The coverage of "zero tariff" goods will significantly increase from 1,900 to approximately 6,600 tax items, representing 74% of all goods, with a shift to a negative list management approach [2]. - The beneficiaries of the policy will expand from only registered independent legal entities and institutions to include all entities with actual import needs across the island [2]. - Restrictions on the policy will be relaxed, allowing "zero tariff" goods and their processed products to circulate freely among beneficiaries without the need to pay import taxes, enhancing the competitiveness of the local industry and promoting industrial clusters [2]. Group 3: Implementation and Future Outlook - The Ministry of Finance will monitor the implementation of these policies and make adjustments based on market feedback, collaborating with the Hainan provincial government to enhance services and management [2]. - Previous "zero tariff" policies on raw materials, transportation tools, and self-use production equipment have laid a foundation for the new system, contributing to a higher level of openness for Hainan Free Trade Port [2].

Core Viewpoint - The establishment of the Hainan Free Trade Port is set to officially commence on December 18, 2025, aiming to enhance openness and promote high-quality development, with a focus on facilitating international and domestic exchanges [1]. Group 1: Policy Measures - The current closure policy measures can be summarized as "Four More": 1. Implementation of a more favorable "zero tariff" policy for goods, increasing the proportion of "zero tariff" items from 21% to 74% for "first-line" imports [2]. 2. More relaxed trade management measures, allowing for open arrangements for certain prohibited and restricted imports [2]. 3. More convenient passage measures, utilizing eight existing open ports as "first-line" ports and establishing ten "second-line" ports for innovative passage measures [2]. 4. More efficient and precise regulatory models, ensuring low intervention and high efficiency for "zero tariff" goods and relaxed trade management goods [2]. Group 2: Key Features of the Free Trade Port - The key features of the Hainan Free Trade Port can be summarized as "4, 3, 2, 1": - "4" refers to the convenience of the flow of people, goods, capital, and data, with 85 countries' personnel eligible for visa-free entry [3]. - "3" indicates accelerated openness in goods trade, service trade, and investment, with the highest level of foreign investment access in the country [3]. - "2" highlights increased tax incentives for enterprises and individuals, with tax reductions exceeding 310 billion yuan for enterprises and 170 billion yuan for individuals [3]. - "1" signifies the continuous improvement of legal guarantees based on the Hainan Free Trade Port Law, with over 40 supporting regulations established [4]. Group 3: Import and Export Regulations - The Ministry of Commerce has developed a comprehensive list of prohibited and restricted import and export goods, clarifying management boundaries for businesses [5]. - The list cancels import licenses for 60 old mechanical and electrical product codes, covering about 80% of products under import license management, meeting the production needs of Hainan enterprises [5].

发改委副主任王昌林：企业和个人两方面的税收优惠力度持续加大 金十数据7月23日讯，国家发展改革委副主任王昌林表示，2020年6月，《海南自由贸易港建设总体方 案》正式发布以来，一批标志性、引领性创新举措已推出，自贸港政策制度体系初步建立。货物贸易、 服务贸易和投资三大领域加快开放。制定进口原辅料、交通工具及游艇、自用生产设备"零关税"政策， 全国首张跨境服务贸易负面清单出台实施，推出22项放宽市场准入特别措施，外资准入负面清单开放程 度全国最高。企业和个人两方面的税收优惠力度持续加大。出台企业和个人所得税税率"双15%"优惠政 策，累计减免税额分别超过310亿元和170亿元。加工增值免关税政策试点范围扩大至全岛。离岛免税购 物额度增加至每人每年10万元。 （央视新闻） ...

"3"指的是，货物贸易、服务贸易和投资三大领域加快开放。制定进口原辅料、交通工具及游艇、自用 生产设备"零关税"政策，全国首张跨境服务贸易负面清单出台实施，推出22项放宽市场准入特别措施， 外资准入负面清单开放程度全国最高。 "2"指的是，企业和个人两方面的税收优惠力度持续加大。出台企业和个人所得税税率"双15%"优惠政 策，累计减免税额分别超过310亿元和170亿元。加工增值免关税政策试点范围扩大至全岛。离岛免税购 物额度增加至每人每年10万元。 "1"指的是，以海南自贸港法这一专门法律为基础的法治保障不断完善。通过法律形式明确自贸港各项 制度安排，出台40余项配套法规，有力保障了改革创新举措落地实施。 王昌林说，总的看，随着这些政策制度的实施，海南自贸港开放发展蹄疾步稳、蓬勃兴起，取得了重要 阶段性成效，也为启动全岛封关运作打下了坚实基础。 新京报讯7月23日，国新办就海南自由贸易港建设有关情况举行新闻发布会。 国家发展改革委副主任王昌林介绍相关情况。支持海南探索建设中国特色自由贸易港，是习近平总书记 亲自谋划、亲自部署、亲自推动的改革开放重大举措。2020年6月，党中央、国务院正式发布《海南自 由贸易港 ...

泰山体育将在海口打造高端体育器材制造基地 相关人士表示，海南自贸港拥有独特的开放政策环境，利用零关税、低税率、往来签证便利等政 策，不仅可在此设立研发、生产基地，更可打造体育用品"买全球、卖全球"结算总部，重点瞄准欧美及 东南亚等海外市场;充分利用消博会等大型会展汇聚国内外优质消费精品的展示交易平台优势，聚焦重 点新品发布，开拓国际市场。 今年是海南自由贸易港封关运作、扩大开放之年，海口全市上下把投资促进作为经济工作的重要抓 手，泰山体育产业集团及落地海口高新区项目成为海口聚焦重点产业细分赛道，精准招引的优质企业、 项目之一。 海口国家高新区相关负责人表示，投资协议的签署标志着园区先进制造业再添"一员大将"，高新区 将充分发挥"企业秘书"服务机制，做好项目"全生命周期"服务，助推项目早开工、早建成、早投产、早 达效，力争泰山体育产业集团的"海口造"产品早日进入大众视野。 据了解，泰山体育产业集团是制定多项国际标准的全球顶级赛事服务商之一，是服务8届奥运会及 2000余次国内外赛事的"双奥企业"，拥有体育行业全国唯一的国家体育用品工程技术研究中心、国家级 工业设计中心、国家体育用品竞技器材检测实验室、博士后科研 ...

省七届人大常委会第24次主任会议召开 决定省七届人大常委会第十九次会议于7月28日至30日召开 海南日报海口7月21日讯(海南日报全媒体记者 袁宇)7月21日，省七届人大常委会第24次主任会议 在海口召开，决定省七届人大常委会第十九次会议于7月28日至30日召开。 主任会议研究省七届人大常委会第十九次会议建议议程、日程。建议议程：审议《海南自由贸易港 口岸管理服务暂行条例(草案)》《海南自由贸易港促进民营经济发展若干规定(草案)》《海南自由贸易 港外商投资条例(草案)》《海南自由贸易港"二线口岸"通关信用管理若干规定(草案)》《海南省涉企行 政检查暂行条例(草案)》《海南自由贸易港生态环境分区管控规定(草案)》《海南省各级人民代表大会 及其常务委员会审查监督预算条例(修正草案)》，审议省人民政府关于提请审议《海南省电力建设与保 护条例(修订草案)》《海南自由贸易港涉税专业服务规定(草案)》《海南省院前医疗急救管理规定(草 案)》《海南自由贸易港旅游条例(草案)》《海南省生态环境监测和评价规定(草案)》《海南自由贸易港 安居房建设和管理若干规定(修正草案)》的议案，审议海口市人民代表大会常务委员会关于报请审查批 ...