Core Viewpoint - The official launch of the full island closure of Hainan Free Trade Port on December 18 will significantly impact the movement of people, the living and working conditions of residents, and investment opportunities for businesses in Hainan [1]. Group 1: Customs and Trade Facilitation - The customs system will implement a "one line" and "two line" management approach, allowing for more freedom and convenience in the movement of goods between Hainan and foreign countries, while regulating the flow of goods with the mainland [3]. - New measures such as "batch departure and centralized declaration" will be introduced, enabling companies to handle customs procedures after goods have actually left the island, thereby reducing the burden on businesses [5]. - The "no-sense customs clearance" system will be established, allowing for real-time information sharing among customs, anti-smuggling, and port departments [9]. Group 2: Tax and Economic Incentives - The "zero tariff" list has expanded from over 1,900 items to more than 6,600 items, increasing the proportion of zero-tariff goods from 21% to 74% of all taxable items [14]. - Policies encouraging processing and value-added activities will be implemented, including the removal of restrictions on the main income ratio for eligible enterprises and the expansion of the range of imported materials [11]. - A "double 15%" tax incentive policy will be introduced, allowing qualifying enterprises and key talents to enjoy a reduced income tax rate of 15% [19]. Group 3: Consumer Benefits and International Cooperation - Residents of Hainan will have the opportunity to purchase 15 categories of "immediate purchase and pick-up" goods, including cosmetics and clothing, without limits on the number of purchases throughout the year [17]. - The full island closure will enhance opportunities for residents to participate in international exchanges and cooperation, with 86 countries allowing visa-free entry into Hainan [23]. Group 4: Investment and Business Environment - Since 2020, over 9,600 new foreign enterprises have been established in Hainan, with investments from more than 170 countries and regions. The full island closure will further solidify Hainan's role as a headquarters base for foreign companies entering the Chinese market [26].

Core Viewpoint - Hainan Free Trade Port officially launched its full island closure on December 18, which is expected to significantly impact the movement of people, the living and employment conditions of residents, and investment opportunities for businesses. Group 1: Customs and Trade Facilitation - The customs system is divided into "one line" for international trade and "two lines" for domestic trade, with the latter primarily regulating taxes and certificates for goods moving from the "one line" [3] - New customs measures such as "batch exit and centralized declaration" will allow companies to handle customs procedures after goods have actually left the island, reducing burdens on businesses [5] - The "no-sense customs clearance" system is being implemented, allowing for real-time information sharing among customs, anti-smuggling, and port departments [9] Group 2: Tax and Duty Policies - The "zero tariff" list has expanded from over 1,900 items to more than 6,600 items, increasing the proportion of zero-tariff goods from 21% to 74% of all goods [13] - A "double 15%" tax incentive policy has been introduced, allowing qualifying enterprises and key personnel to enjoy a 15% income tax rate [18] Group 3: Consumer Benefits - Residents can purchase 15 categories of "immediate purchase and pick-up" goods, including cosmetics and clothing, without limits on the number of purchases within a year [16] Group 4: International Cooperation and Investment - The full island closure will provide residents with more opportunities for international exchange and cooperation, supported by a visa-free policy for citizens from 86 countries [22] - Since 2020, over 9,600 new foreign enterprises have been established in Hainan, with investments from more than 170 countries and regions, enhancing Hainan's role as a headquarters base for foreign companies entering the Chinese market [25]

Core Viewpoint - The Haikou Customs has established new regulations for the "batch export and centralized declaration" management in the Hainan Free Trade Port, aimed at facilitating trade and customs procedures for goods entering and exiting the region [1] Group 1: Regulatory Changes - The new regulations allow for "zero tariff" goods and their processed products, as well as goods benefiting from tax exemption policies, to be exported in batches and declared centrally [1] - This approach applies to goods entering other regions of China through "second-line ports" after being processed in the Hainan Free Trade Port [1] Group 2: Trade Facilitation - Enterprises can first handle the actual export procedures for their goods in batches and then complete the customs declaration within a specified timeframe [1] - The regulations aim to streamline customs processes and enhance the efficiency of trade operations in the Hainan Free Trade Port [1]

Core Points - The article discusses the implementation of the "Batch Export, Centralized Declaration" management regulations by Haikou Customs to facilitate customs clearance for the Hainan Free Trade Port's "second-line ports" [1][2] - This new customs clearance model allows enterprises to handle the actual export procedures in batches before submitting centralized customs declarations within a specified timeframe [1][2] Group 1 - The "Batch Export, Centralized Declaration" (referred to as "分出集报") applies to zero-tariff goods and their processed products, as well as bonded goods that enjoy tax exemption policies when entering mainland China through "second-line ports" [1][2] - Enterprises must declare the "Batch Export Account List" and "Release List" through the China (Hainan) International Trade "Single Window" before each shipment [2] - The centralized declaration must be completed by the 25th of the following month, and cannot cross fiscal years or exceed the account cancellation deadline [2] Group 2 - The regulations specify that enterprises can use any "second-line port" in Hainan to export goods in batches [2] - The customs declaration must include the "Entry Port" and "Consumption Unit" based on the actual situation of the last batch of goods exported [2] - The applicable tax rates and exchange rates for centralized declaration are based on the date when the enterprise completes tax payment [2]

Core Viewpoint - The article discusses the implementation of the "Batch Export and Centralized Declaration" management regulation in Hainan Free Trade Port, which allows for a more flexible customs clearance process for certain goods [1] Group 1: Regulation Details - The "Batch Export and Centralized Declaration" (referred to as "分出集报") allows enterprises to first handle the actual export procedures for goods in batches before submitting centralized customs declarations within a specified timeframe [1] - This regulation applies to zero-tariff goods, processed products enjoying tax exemption policies, and goods entering Hainan from abroad with relaxed trade management measures [1] - The regulation will take effect from the date of the Hainan Free Trade Port's closure and operation [1]

Core Viewpoint - The new management regulations for "second-line ports" in Hainan Free Trade Port aim to facilitate customs clearance through a "batch exit and centralized declaration" model, enhancing trade efficiency and compliance [2][5]. Summary by Sections Regulations Overview - The "batch exit and centralized declaration" (referred to as "分出集报") allows enterprises to first handle the actual exit procedures for goods from Hainan Free Trade Port and then submit a centralized customs declaration within a specified timeframe [2][3]. Specific Requirements for Implementation - **Batch Exit**: Enterprises must declare the "batch exit account list" and "release list" through the China (Hainan) International Trade "Single Window" before each shipment. Relevant permits must be obtained prior to goods entering the mainland [3]. - **Centralized Declaration**: Enterprises are required to consolidate the declaration data for the current month and submit it by the 25th of the following month, ensuring timely tax payment. Centralized declarations cannot span across years and must adhere to the account verification deadlines [3]. Compliance and Credit Management - The regulations apply to enterprises with high certification and "white list" credit ratings as per the "Hainan Free Trade Port Second-Line Port Customs Credit Management Regulations." Goods can be shipped from any second-line port in Hainan [3][4]. Suspension Conditions - Customs may suspend the "batch exit and centralized declaration" for enterprises that do not meet the credit criteria, fail to submit declarations on time, or do not provide necessary permits. Enterprises can apply for reinstatement after resolving the issues [4]. Implementation Timeline - The regulations will take effect from the date of the Hainan Free Trade Port's closure operation [5].