China News Service, Haikou, December 2 (Reporter Wang Ziqian) Hainan Free Trade Port will first test and expand the scope of implementation since December. This move will provide more stress testing platforms for the construction of the Free Trade Port and help promote the closure of the entire Hainan Island. Close process.
The General Administration of Customs announced on the evening of the 1st that from that day, the Hainan Free Trade Port’s Yangpu Free Trade Port Zone’s “first-line liberalization and second-line management” import and export management system will be extended to the Haikou Comprehensive Bonded Zone and Haikou Airport. Pilot comprehensive bonded zone.
Through the implementation of "zero tariffs" in the free trade port and preferential policies such as exemption of tariffs for processed value-added goods sold out of the zone, further speed up customs clearance, reduce corporate costs, improve the level of cross-border trade facilitation, and promote the island-wide customs closure of Hainan Free Trade Port Operation.
The "Overall Plan for the Construction of Hainan Free Trade Port" clarifies that, on the basis of the full implementation of various policies and systems for the early implementation of the Hainan Free Trade Port by 2025, it will be the first to implement the free trade port’s free trade convenience innovation of "opening the first line and controlling the second line" Management System.
Liu Feng, director of the Research Center for the Free Trade Port with Chinese Characteristics of Hainan Normal University, said in an interview on the 2nd that the expansion of the pilot supervision pilot will help accelerate the formation of the pilot free trade port opening up sea, land and air regions. It will not only create Hainan’s economy. The new bright spots of growth will also further do a good job in stress testing and system supply, boosting the Hainan Free Trade Port’s island-wide customs closure process.
In September 2020, the Hainan Free Trade Port's "first-line liberalization, second-line management" supervision pilot was implemented in the 2.3-square-kilometer Hainan Yangpu Bonded Port Area.
The policy drives the economic flow of the park to expand rapidly.
From January to October this year, the number of newly registered enterprises in Yangpu Free Trade Port Zone increased by 3.71 times year-on-year, the number of newly registered foreign trade enterprises increased by 2.94 times, and the trade import and export volume of the park increased by 32.8 times.
After the expansion of the pilot supervision pilot, the island-wide pressure test platform for customs closure has increased.
Haikou Comprehensive Bonded Zone is one of the 11 key parks of Hainan Free Trade Port, covering an area of 1.93 square kilometers.
Chen Shun, the person in charge of the park, said that through the superposition of the free trade port's "zero tariff" policy and the processing value-added policy, key industries such as high-end medical device manufacturing, jewelry and jade processing, high-tech industries, and high-end consumer goods manufacturing will be introduced.
The Haikou Airport Comprehensive Bonded Zone was approved for establishment on May 4 this year, with a planned area of 0.44 square kilometers. It has passed pre-acceptance and the first batch of tax-reduction and exemption equipment has arrived.
After the completion of the zone, it will rely on the policy stacking advantages of "free trade port + airport + special customs supervision area" to develop aircraft bonded maintenance, financial leasing, aviation material trade, air express, cross-border e-commerce, bonded storage and processing and other industries.
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