News from CCTV: On December 18, the Hainan Free Trade Port officially launched island-wide customs clearance operations, implementing a regulatory model of "relaxation on the first line, control on the second line, and freedom on the island". After the customs closure, the number of zero-tariff products increased to more than 6,600, covering 74% of the product categories.
Custom closure is not island closure. As a landmark event in my country's expansion of high-level opening up to the outside world, it also means a key turning point in the construction of Hainan Free Trade Port from "blueprint planning" to "substantial operation." What changes will happen to the process of Hainan Free Trade Port? What new opportunities will it bring to Hainan? "News 1+1" contacted Nie Pingxiang, a researcher at the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, to provide analysis and interpretation.
The number of zero-tariff items has increased from 1,900 to 6,600. Which areas are they mainly concentrated in?
Researcher, Institute of International Trade and Economic Cooperation, Ministry of Commerce Nie Pingxiang: The current liberalization is mainly to better reduce corporate costs, mainly focusing on areas related to Hainan's leading industries. These fields are mainly divided into three categories: including raw materials, equipment, and transportation vehicles related to the leading industrial fields. The zero-tariff tax items have been increased to more than 70%. For many companies, especially those producing and operating in Hainan, it is a huge cost reduction.
What different experiences will it bring after the closure of the country?
Nie Pingxiang: In the next step, in addition to the corresponding opening-up policies for trade in goods, Hainan may also implement further opening-up policies in the field of service trade, such as medical care and education. This will bring high-quality medical resources and educational resources to benefit more people.
How to prevent tax evasion at the regulatory level with a sharp eye?
In precision supervision, what is the core supervision? This includes products imported with zero tariff, products on the restricted list of goods trade, and 30% value-added products. Regarding the 30% value-added, enterprise products must have a 30% value-added before they can enter the mainland market. Customs can accurately locate similar companies.
