Core Viewpoint - The implementation of the "zero tariff" policy for imported vehicles in Hainan Free Trade Port has generated significant public interest, but the benefits are limited to enterprises engaged in transportation and tourism, not individual consumers [1][2][3]. Group 1: Policy Details - The "zero tariff" policy allows eligible imported vehicles to be exempt from customs duties, value-added tax, and consumption tax, significantly reducing vehicle prices [1][2]. - The policy is applicable only to enterprises that operate in transportation or tourism, requiring vehicles to be used for business purposes and equipped with satellite positioning systems [2][3]. - Companies must meet specific criteria, such as owning at least 15 operational vehicles for three years or importing a minimum of 15 zero-tariff vehicles at once [3]. Group 2: Market Response - Following the announcement of the policy, there was a surge in interest, with many consumers expressing a desire to travel to Hainan to purchase vehicles, despite the restrictions [1]. - On the first day of the full closure operation, Sanya reported a sales figure of 1.18 billion yuan in duty-free sales, with a significant increase in customer traffic and sales compared to the previous year [4]. - The demand for other duty-free products, such as electronics and gold, has also risen, indicating a broader consumer interest in the benefits of the new policy [6][4]. Group 3: Consumer Restrictions - Individual consumers are not eligible to purchase zero-tariff vehicles, and any claims by businesses offering to facilitate such purchases should be approached with caution, as they may be fraudulent [3]. - Vehicles purchased under the zero-tariff policy cannot be freely transferred and must remain registered for operational use, with strict regulations on their usage outside Hainan [3].

Core Insights - Hainan Free Trade Port officially launched its customs closure on December 18, 2023, with the duty-free shopping policy being a key initiative to boost international and domestic consumption [1] - The first day of customs closure saw duty-free shopping amounting to 161 million yuan, with 24,800 shoppers and 118,000 items sold, representing year-on-year increases of 61%, 53.1%, and 25.5% respectively [1] - The positive effects of the new duty-free shopping policy were further highlighted on the first day of customs operations [1] Group 1 - CDF Sanya International Duty-Free City introduced various promotions, including 121.8 million yuan in vouchers and exclusive discounts for residents, enhancing the shopping experience for tourists [2] - Tourists, including those from Beijing and Russia, expressed excitement about the enhanced shopping experience and the variety of products available, with many specifically visiting to experience duty-free shopping [2] - The sales department of China Duty Free Group in Sanya prepared for the customs closure three months in advance to ensure a better shopping experience for domestic and international travelers [2] Group 2 - The Hainan customs authority emphasized the popularity of the duty-free shopping policy among the public and implemented innovative measures for efficient operation, including centralized and automated order review and drone delivery [3] - These measures were aimed at ensuring timely availability and efficient distribution of duty-free goods [3]