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The Hainan Provincial Committee of the Communist Party of China issued a proposal for formulating the fifteenth five-year plan for national economic and social development. Among them, it was mentioned to speed up the improvement of the free trade port policy system. Improve and optimize the policy system system mainly characterized by “zero tariffs, low tax rates, simplified tax system” and “five freedoms and convenience, one safe and orderly flow.” Dramatically raise the level of trade liberalization and facilitation, dynamically adjust and implement the list of goods and items prohibited and restricted from import and export, promote the optimization and adjustment of the catalogue of goods subject to import taxation, deepen the management reform of non-tariff measures, and improve the negative list of cross-border trade in services.

Zhitongcaijing·12/10/2025 02:25:04
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The Hainan Provincial Committee of the Communist Party of China issued a proposal for formulating the fifteenth five-year plan for national economic and social development. Among them, it was mentioned to speed up the improvement of the free trade port policy system. Improve and optimize the policy system system mainly characterized by “zero tariffs, low tax rates, simplified tax system” and “five freedoms and convenience, one safe and orderly flow.” Dramatically raise the level of trade liberalization and facilitation, dynamically adjust and implement the list of goods and items prohibited and restricted from import and export, promote the optimization and adjustment of the catalogue of goods subject to import taxation, deepen the management reform of non-tariff measures, and improve the negative list of cross-border trade in services.