Core Points - The first batch of enterprises recognized under the "Hainan Self-produced Goods Enterprise (Goods) Directory" has been released, involving four companies in Hainan [1] - The recognized companies include Hainan Fushi Coffee Culture Co., Ltd. (coffee beans), Baoting Zhinong Agricultural Development Co., Ltd. (coconuts), Hainan Yinggehai Salt Field Co., Ltd. (sun-dried pickled salt, small packaged salt, refined salt), and Hainan Dongfang Salt Field Co., Ltd. (sun-dried pickled salt, small packaged salt) [1] - The recognition is based on the "Interim Measures for the Recognition of Hainan Self-produced Goods under the Duty-free Policy for Processing and Value-added in Hainan Free Trade Port," which outlines the standards and conditions for recognition [2] Summary by Category Companies - Four companies have been recognized for their self-produced goods, which include coffee beans, coconuts, and various types of salt [1] Policies - The "Interim Measures for the Recognition of Hainan Self-produced Goods" was issued by the provincial government in July, optimizing the duty-free policy for processing and value-added in Hainan Free Trade Port [2] - The measures specify the recognition standards, conditions, and procedures for self-produced goods in Hainan [2]

Core Viewpoint - The Hainan Provincial Government has issued a temporary management measure for the recognition of self-produced goods under the tax exemption policy for processing and value-added in the Hainan Free Trade Port, which aims to encourage local industries and enhance economic activity in the region [1] Group 1 - The policy allows for goods processed in Hainan Free Trade Port, which contain imported materials and have a value-added processing rate of 30% or more, to be exempt from import tariffs when entering the mainland [1] - The policy stipulates that while import tariffs are exempted, import value-added tax and consumption tax will still be levied according to regulations [1]

Core Viewpoint - The Hainan Provincial Government has issued a temporary management method for the recognition of Hainan-produced goods under the duty-free policy for processing and value-added, aimed at ensuring the implementation of the policy and encouraging industrial development [1] Group 1: Policy Implementation - The method applies to the recognition management of Hainan-produced goods, defining them as goods produced and processed in the Hainan Free Trade Port and used by enterprises that have filed for processing and value-added [1] - The method clarifies the principles, procedures, and standards for recognition management, as well as the responsibilities of relevant units [1] Group 2: Recognition Process - Enterprises producing Hainan goods must apply for recognition in order for their goods to be identified as Hainan-produced and to enjoy related policy benefits [1]

Core Points - The General Administration of Customs has released interim measures for tax collection on processing and value-added goods exempt from tariffs in Hainan Free Trade Port, aimed at encouraging enterprises in specific industries [1][2] - The new measures lower the threshold for enterprises to benefit from the policy by removing the requirement that the main business income from encouraged industries must account for over 60% of total income [2] - The scope of imported materials has been expanded to include "zero-tariff" goods, allowing for a broader range of products to qualify for the tax exemption [2] Summary by Sections Policy Overview - The interim measures allow goods processed in Hainan Free Trade Port with a value-added rate of 30% or more to enter the mainland without import tariffs, while still subject to VAT and consumption tax [1] - The policy was initially piloted in the Yangpu Bonded Port Area in July 2021 and has since been optimized and expanded to cover the entire Hainan Free Trade Port [1] Changes to Eligibility and Scope - The new measures eliminate the previous requirement for enterprises to have 60% of their total income from encouraged industries, making it easier for more companies to qualify [2] - The definition of imported materials now includes goods that have not completed import tax procedures, such as bonded goods and "zero-tariff" goods [2] Calculation and Accumulation of Value-Added - The calculation formula for value-added has been optimized to include the value of self-produced goods from Hainan Free Trade Port, facilitating the achievement of the 30% value-added rate [2] - The measures allow for cumulative calculation of value-added from processing by different enterprises, encouraging the extension of industrial chains [2] Implementation Timeline - The measures will take effect from the date of the operational closure of Hainan Free Trade Port, while the previous interim measures for Yangpu Bonded Port Area will remain in effect until then [3]