Core Viewpoint - The Hainan Free Trade Port is set to operate under a full island closure, with Guangdong Province's customs ready to support this initiative through enhanced risk management and development reforms [1]. Group 1: Customs and Logistics - Guangdong customs will strengthen reform, openness, and regional collaboration to support the Hainan Free Trade Port, emphasizing the importance of the Guangdong-Hainan connection [2]. - The "Parallel Port" logistics model has been introduced to improve logistics efficiency, allowing for shared shipping resources between Zhuhai, Shenzhen, and Hainan, thus creating a second maritime channel for goods [5]. - Since the pilot of the "Parallel Port" model in September 2024, it has facilitated 62 voyages, transporting over 14,700 TEUs (Twenty-foot Equivalent Units) of goods, significantly enhancing supply stability for Hainan [5]. Group 2: Risk Management - Guangdong customs will implement a collaborative risk prevention strategy, leveraging an integrated risk control mechanism to combat smuggling and illegal activities, particularly in the context of zero tariffs [6]. - The Zhuhai Xuwen Port is identified as a key area for combating smuggling, with a focus on maintaining a balance between facilitating business and strict regulation [6]. - In 2023, there was a 62.9% year-on-year decrease in high-risk individuals involved in smuggling activities in the Zhuhai and Maoming regions, indicating effective enforcement measures [6].

Core Insights - The successful transportation of feed rice bran from Ho Chi Minh City, Vietnam, to Zhanjiang, Guangdong, via Yangpu Port marks a significant milestone in the construction of the parallel port logistics model [1][2] Group 1: Logistics Model - The "parallel port" logistics model, guided by the General Administration of Customs, integrates the customs and port operations of Yangpu, Shekou, and Zhanjiang, allowing for flexible loading and unloading of goods based on demand [1] - This model aims to achieve "integration of domestic and foreign trade" and "multi-directional feeding between ports," significantly enhancing logistics efficiency and flexibility [1] - The customs at the three ports utilize a supporting technology system to streamline the customs process, enabling "one declaration, one inspection, and one release," which reduces costs for enterprises [1] Group 2: Future Developments - The company plans to use the inaugural voyage as a starting point to deepen the application of the parallel port model and optimize the logistics route from Southeast Asia to Yangpu and South China [2] - Future efforts will focus on refining transportation plans based on cargo types to provide more precise and efficient logistics services [2] - The company aims to leverage the advantages of the Hainan Free Trade Port policy to strengthen cooperation with ports and logistics enterprises in countries along the Belt and Road Initiative, positioning Yangpu Port as a key logistics hub connecting Southeast Asia and South China [2]

Core Viewpoint - The construction of the "Parallel Port" in Guangdong and Hainan has achieved a significant milestone with the successful first shipment of goods from Vietnam to Zhanjiang via Yangpu Port, marking a breakthrough in logistics efficiency and integration [2][3]. Group 1: Logistics Model - The successful transportation of feed rice bran from Ho Chi Minh City, Vietnam, to Zhanjiang, Guangdong, was facilitated by the "Parallel Port" logistics model, which integrates customs and port operations across Yangpu, Shekou, and Zhanjiang [2]. - This model allows for flexible loading and unloading of goods among the three ports, achieving the goal of "integrated parallelism of domestic and foreign trade" and significantly enhancing logistics efficiency [2][3]. - The customs authorities in the three regions have implemented a streamlined process involving "one declaration, one inspection, and one release," which simplifies customs procedures and reduces costs for enterprises [2]. Group 2: Future Developments - The company plans to use this inaugural shipment as a starting point to further deepen the application of the "Parallel Port" model and optimize logistics routes from Southeast Asia to Yangpu and South China [3]. - Future efforts will focus on refining transportation plans based on cargo types to provide more precise and efficient logistics services [3]. - The company aims to leverage the advantages of the Hainan Free Trade Port policy to strengthen cooperation with ports and logistics enterprises in countries along the "Belt and Road" initiative, positioning Yangpu Port as a key logistics hub connecting Southeast Asia and South China [3].

Core Insights - The "Parallel Port" logistics model has entered a new phase of regular and efficient operation, marking a significant milestone in its integration with the Western Land-Sea New Corridor [1] - The first "secondary transfer" operation from Zhanjiang to Hainan via Chongqing has been successfully completed, showcasing enhanced cooperation among the three regions [4] - The initiative aims to expand the international logistics corridor, improving trade facilitation and connecting the southwestern region with Southeast Asia [5] Group 1 - The successful delivery of goods from Chongqing to Hainan via Zhanjiang signifies the deepening integration of the "Parallel Port" model with the Western Land-Sea New Corridor [1] - The operation involved two layers of sea-rail intermodal transport, highlighting the collaborative efforts of local governments and customs [4] - As of September 29, the "Parallel Port" vessels have completed 45 voyages, carrying a total of 271,000 tons of cargo [5] Group 2 - Zhanjiang Customs plans to continue enhancing customs reform and regulatory services to maximize the synergistic effects of the "Parallel Port" model and the Western Land-Sea New Corridor [9] - The initiative aims to position Zhanjiang as a high-level open hub that serves national strategies and connects inland areas with global markets [9]

Core Insights - The "Parallel Port" logistics model in Zhanjiang, Guangdong, has successfully transported over 766,100 tons of goods in one year, demonstrating significant growth and efficiency in cross-border logistics [3][4]. Group 1: Logistics Model Overview - The "Parallel Port" logistics model was initiated by Zhanjiang Customs in collaboration with Shenzhen and Haikou Customs, leveraging Zhanjiang's strategic location to connect the Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port [3]. - In its first year, the model has expanded from a pilot program to over 100 participating enterprises, with a diverse range of goods now being transported [3][4]. - The shipping capacity has improved significantly, with vessel loading rates increasing from 30% to approximately 80%, indicating enhanced logistics efficiency [3]. Group 2: Innovations and Policies - The model integrates multiple ports, including Shekou, Zhanjiang, Yangpu, and Nansha, creating an efficient maritime transport network akin to a "bus loop" [3]. - New policies have been introduced, such as the "Parallel Port + Departure Port Tax Refund" service, which has reduced tax refund processing time from over 20 days to just 3 days, improving capital turnover for enterprises [4]. - The "Parallel Port + Western Land-Sea New Corridor" initiative has lowered overall logistics costs by about 25%, facilitating a new export route for the western region through Hainan Free Trade Port [4].

Group 1 - The meeting focused on enhancing customs cooperation between China and ASEAN, emphasizing the importance of the international land-sea trade corridor amid complex global trade dynamics [1][3] - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, with ASEAN being China's largest trading partner for the past 5 years. In the first eight months of this year, trade between China and ASEAN reached 4.93 trillion yuan, a year-on-year increase of 9.7% [1] - The meeting highlighted various successful initiatives by customs representatives, such as the "smart customs" platform with 145 participating countries, and the introduction of logistics models that reduce cross-border costs [2] Group 2 - Discussions included improving customs clearance for cross-border rail and road transport, and enhancing the efficiency of the "ASEAN Express" and digital land-sea corridor construction [3] - The meeting decided to strengthen international cooperation on the land-sea trade corridor, optimize customs processes, and ensure the stable operation of international rail transport between China, Laos, and Thailand [3] - There is a commitment to explore the optimization of customs procedures to facilitate efficient cross-border rail transport and expand the coverage of customs liaison coordinators for timely updates on trade corridor conditions [3]