Core Points - The Hainan Free Trade Port's "zero tariff" policy for imported medical devices and drugs has resulted in a total value of over 300 million yuan, with tax reductions exceeding 40 million yuan for enterprises [1] - The "zero tariff" policy is set to be fully implemented by the end of 2024, and in the past 10 months, 16 companies have qualified for the benefits, with over 518 types of medical devices and drugs included [1] - The Haikou Customs has established a "dual full" (year-round, all-day) appointment customs clearance mechanism to ensure immediate inspection and release of medical devices and drugs [1] Policy Implementation - The policy has been actively promoted through collaboration among various departments, leading to the continuous release of policy benefits [1] - Haikou Customs has enhanced its service by providing precise policy interpretation and "one-stop" customs clearance support, effectively responding to enterprise demands [1] Impact on Enterprises - The implementation of the "zero tariff" policy has facilitated the access of more international quality and domestically listed medical devices and drugs to enjoy the tariff benefits [1]

Core Points - The implementation of the "zero tariff" policy for imported drugs and medical devices in Hainan has led to a total value of over 300 million yuan benefiting from the policy, with tax reductions exceeding 40 million yuan [1] - Since the policy's launch in December 2023, 16 companies have qualified for the benefits, with over 518 types of medical products included [1] - The customs authorities have established a "dual full" appointment clearance mechanism to ensure efficient customs processing for medical imports [1] Group 1 - The "zero tariff" policy for imported drugs and medical devices in Hainan has been effective, with over 300 million yuan in value and tax reductions of more than 40 million yuan [1] - The policy was initiated in September 2024, with the first transaction occurring in December 2024, demonstrating a successful rollout [1] - The collaboration between various departments has facilitated the qualification of 16 companies and the inclusion of over 518 types of medical products [1] Group 2 - The Shanghai Jiao Tong University School of Medicine affiliated Ruijin Hospital in Hainan has benefited from customs support, ensuring timely procurement and clinical use of medical devices [1] - The Boao Airport Customs has implemented a "dual full" appointment clearance mechanism, allowing for immediate customs processing of medical imports [1] - The customs authorities have provided precise services and policy interpretations to help companies fully utilize the policy benefits [1]

Core Viewpoint - The announcement of the full island closure operation of Hainan Free Trade Port by the State Council signifies a major step towards high-level trade liberalization and facilitation, aiming to establish Hainan as a special customs supervision area by the end of this year [1][3][5]. Group 1: Policy Framework - The full island closure will implement a management model of "one line open, one line controlled, and free within the island," allowing zero-tariff goods to move freely between Hainan and other countries while maintaining strict controls with the mainland [3][5]. - The policy aims to balance the release of openness and the maintenance of security, marking a critical advancement in China's high-level opening-up process [3][5]. Group 2: Economic Impact - Hainan, as China's largest economic special zone, is positioned to serve as a testing ground for national reform and opening-up, with the full island closure expected to significantly enhance its high-quality development [5][7]. - Over 200 supporting policy documents have been issued since the initiation of the Hainan Free Trade Port, promoting rapid development in tourism, modern services, high-tech industries, and tropical agriculture [7][9]. Group 3: Trade Facilitation - The introduction of a "prohibited and restricted import/export goods list" will clarify which goods can enter the Hainan Free Trade Port, streamlining customs processes and enhancing trade efficiency [7][11]. - The number of goods eligible for zero-tariff policies is set to increase from approximately 1,900 to about 6,600, significantly expanding the scope of zero-tariff benefits [11][13]. Group 4: Infrastructure and Logistics - The establishment of new "second line" ports, such as Haikou New Port and South Port, will facilitate efficient passage of goods and personnel between Hainan and the mainland [13][14]. - Advanced data analytics and smart regulatory systems will be employed to ensure efficient customs operations while maintaining security [13][16]. Group 5: Industry Development - Policies encouraging processing and value-added production within Hainan will allow companies to benefit from tax exemptions when exporting processed goods to the mainland [14][16]. - The collaboration between local enterprises in the chemical and industrial sectors exemplifies the potential for enhanced value creation through policy incentives [16][18]. Group 6: Societal Benefits - New tax policies for residents and adjustments to duty-free shopping are being planned to ensure that the benefits of the new policies reach the general public [18]. - The full island closure is viewed as a systemic transformation that integrates regulation, industry, and public welfare, enhancing Hainan's role in the global supply chain [18].