Hainan Free Trade Port releases six new institutional innovation cases

Feb 21, 2025 12:07:54 AM
Tag :   Free   trade   release   Hainan   Port

Home>>

Hainan Free Trade Port releases six new institutional innovation cases

(People's Daily Online) 17:02, February 20, 2025

Hainan Free Trade Port releases six new institutional innovation cases

Containers are loaded and unloaded at Yangpu port in south China's Hainan Province. (People's Daily Online/Fu Wuping)

The Hainan Free Trade Port in south China's Hainan Province released six new institutional innovation cases on Feb. 19, 2025.

The six cases include: the expansion of the exemption of import tariffs on domestic sales of goods with added value from processing in the Yangpu Bonded Port Area to the whole Hainan Island, a new model for the special approval of imported plant propagation materials, innovations in offshore duty-free supervision and services, a "Credit + Smart" integrated service at seaports, full coverage of the enterprise integrated service platform on the Hainan Island, and the "Five-in-One" reform for foreign-invested enterprise registration.

In recent years, Hainan has introduced 158 institutional innovation cases in 19 batches, aligning with international trade and economic standards while supporting industrial development.

Hainan Free Trade Port releases six new institutional innovation cases

Researchers work in a lab in Yazhou Bay Science and Technology City in Sanya, south China's Hainan Province. (People's Daily Online/Meng Fansheng)

Hainan Free Trade Port releases six new institutional innovation cases

Consumers shop at Haikou International Duty Free City in Haikou, south China's Hainan Province. (Photo courtesy of China Duty Free Group)

Hainan Free Trade Port releases six new institutional innovation cases

A Japanese fishing vessel arrives at Dazhou Island in Wanning, south China's Hainan Province, on April 16, 2024, to load fish fry. (Photo/Fu Kaixiong)

(Web editor: Hongyu, Liang Jun)

Related news

Copyright © 2020 PE News Internet Ventures. All rights reserved.Privacy Policy | About us