Group 1 - Hainan Free Trade Port is entering the final stage of preparations for its full closure operation, set to officially start on December 18 this year [1] - The implementation of the "zero tariff" policy has led to a cumulative import of goods worth 241.6 billion yuan and tax exemptions totaling 46.8 billion yuan as of June this year [2] - The processing and value-added domestic sales tax exemption policy has expanded from the Yangpu Free Trade Port Area to the entire Hainan Free Trade Port, with a cumulative value of 104.6 billion yuan expected by July 2025 [2] Group 2 - The processing and value-added domestic sales tax exemption policy will be further optimized post-closure, including relaxed eligibility criteria and expanded import material scope, which will lower production costs for enterprises [3] - A promotional event for private enterprises to participate in the Free Trade Port construction saw over 100 companies attending, resulting in 42 signed projects across various sectors including clean energy and digital economy [3] - The installation of smart inspection equipment at multiple ports in Hainan is underway, utilizing technologies like facial recognition and big data to facilitate "seamless customs clearance" in the future [4] Group 3 - The arrival of the "Lighthouse Star" cruise ship at Sanya Phoenix Island International Cruise Terminal marks a significant milestone, with streamlined inspection processes ensuring smooth passenger clearance [5] - Hainan's provincial government aims to convert policy benefits into tangible enterprise gains while attracting more quality investments through additional policy incentives [5]

Core Insights - Hainan Province's Danzhou City is leveraging the opportunities presented by the Hainan Free Trade Port, focusing on creating an international business environment to attract industries such as shipping and trade, thereby diversifying its industrial chain [1][2] Policy Benefits - The processing and value-added domestic sales tax exemption policy is a key tax incentive of the Hainan Free Trade Port, with Danzhou's Yangpu implementing mechanisms to encourage enterprises to benefit from this policy [2] - Hainan Auscar International Grain and Oil Co., as a pilot enterprise, has saved nearly 300 million yuan in tariffs since 2021, with its annual output value increasing from 1 billion yuan to nearly 6 billion yuan by 2024 [2] - The cumulative domestic sales of goods in Danzhou reached 8.494 billion yuan, with a total tariff exemption of 655 million yuan by mid-2025 [4] Transportation and Logistics - Yangpu International Container Port has opened 56 container shipping routes, including 30 foreign trade routes, enhancing its connectivity with ASEAN and South Asia [5][6] - The establishment of the Hainan International Ship Registration Administration has streamlined the registration and management of international vessels, contributing to a total tax refund of 400 million yuan for newly built vessels and over 1.1 billion yuan in tax exemptions for foreign vessels [5][6] Industrial Cluster Development - The Hainan Free Trade Port policies have attracted numerous enterprises to Danzhou, leading to the formation of multi-industry clusters [7] - The first phase of the 1.2 million kW offshore wind power project in Danzhou, with a total investment of approximately 12 billion yuan, is expected to generate an average annual power output of 3.54 billion kWh [7] - Various food processing projects and the first digital processing trade zone in the country have been established in Yangpu, contributing to the rapid formation of a health food industry cluster [8]

Core Viewpoint - The implementation of the duty-free policy for value-added processing and domestic sales in Hainan is accelerating the development of the manufacturing industry and promoting industrial clustering, with over 800 million yuan in duties exempted over four years [3][4][8]. Group 1: Policy Impact - The duty-free policy has expanded from specific zones to the entire island, benefiting various industries and leading to a cumulative domestic sales value exceeding 10.46 billion yuan [3][8]. - The policy has significantly reduced operational costs for companies, enhancing their confidence in deepening their presence in Hainan's free trade port [4][5]. - The policy has attracted numerous domestic and international jewelry enterprises, fostering a competitive industrial cluster [2][3]. Group 2: Industry Development - The first successful case under the policy involved Hainan Jingrun Pearl Technology Co., which imported seawater pearls and benefited from a 21% duty reduction [1][4]. - The policy has led to the establishment of new enterprises, such as Hainan Ouyijia Food Co., which invested 159 million yuan in a cold chain processing base for imported meat, projecting an annual output value exceeding 1 billion yuan [5][6]. - The policy has also been applied to various sectors, including petrochemicals and textiles, with significant duty exemptions reported [6][8]. Group 3: Future Prospects - The upcoming full closure operation in December 2023 is expected to further enhance the duty-free policy, allowing for the inclusion of locally produced materials in the value-added calculation [8][9]. - The policy will lower the entry barriers for companies, allowing those with less than 60% of their revenue from encouraged industries to benefit from the duty exemptions [9]. - The expansion of the policy's applicability to zero-duty goods is anticipated to create a synergistic effect, enhancing the competitiveness of Hainan's manufacturing sector [9].

Core Insights - Hainan Probiotech Co., Ltd. has successfully completed the first order under the tariff-free processing and value-added domestic sales policy, becoming the first company in Ding'an to benefit from this initiative [1] Company Overview - Hainan Probiotech was established in February 2024 and is located in the Ding'an Talin Industrial Park, focusing on the research, production, sales, and import-export of sodium caseinate [1] Policy Impact - The processing and value-added domestic sales tariff exemption policy is a core policy of Hainan Free Trade Port, encouraging industries to produce goods that either do not contain imported materials or have over 30% value added through local processing [1] - The successful completion of the first order by Hainan Probiotech serves as a model for other companies in Ding'an [1]

Group 1 - The core viewpoint emphasizes the importance of effective policy implementation, highlighting that proactive engagement from relevant departments is crucial for businesses to benefit from new policies [1] - The article discusses the need for collaboration between government and enterprises, where businesses should actively integrate policy benefits into their operations, while departments should address the needs of companies and facilitate policy access [1] - It suggests that services can be enhanced by departments taking initiative to communicate and deliver various tax and tariff benefits directly to businesses, ensuring they feel the positive impact of the policies [1] Group 2 - The article mentions specific policies such as zero tariffs on raw materials, tax incentives, and the importance of timely communication of these benefits to businesses [1] - It highlights the necessity for ongoing optimization of policies to expand the benefits to a larger number of enterprises, thereby fostering greater economic growth [1] - The focus is on creating a supportive environment where businesses can thrive through effective policy application and government support [1]