The Hainan Free Trade Port will now launch island-wide customs clearance. Multiple batches of zero-tariff goods will enter Hainan Island through the port and airport, involving crude oil, medical equipment, aviation materials, food ingredients, etc. This morning, the first batch of “zero customs duty” petrochemical raw materials arrived at Yangpu Port. The import volume was 179,000 tons, with a value of nearly 400 million yuan, saving the company about 10 million yuan. After the customs closure and operation of the Hainan Free Trade Port, the “zero tariff” policy will further expand the scope of benefits. The relevant commodity taxes will be expanded from 1,900 to about 6,600, accounting for about 74% of the total commodity tax purposes.

The Hainan Free Trade Port will now launch island-wide customs clearance. Multiple batches of zero-tariff goods will enter Hainan Island through the port and airport, involving crude oil, medical equipment, aviation materials, food ingredients, etc. This morning, the first batch of “zero customs duty” petrochemical raw materials arrived at Yangpu Port. The import volume was 179,000 tons, with a value of nearly 400 million yuan, saving the company about 10 million yuan. After the customs closure and operation of the Hainan Free Trade Port, the “zero tariff” policy will further expand the scope of benefits. The relevant commodity taxes will be expanded from 1,900 to about 6,600, accounting for about 74% of the total commodity tax purposes.