Various lists for the construction of the Hainan Free Trade Port will be fully promoted_News China

Signing of large projects in batches, “zero fee” policy accelerates implementation

Various lists will promote the construction of the Hainan Free Trade Port

At the end of the year, the construction of the Hainan Free Trade Port added firepower. A few days ago, 75 large projects were signed in batches. This is also the fifth batch of large projects that have been concentrated in Hainan this year. At the same time, Hainan Free Trade Port’s “zero fee” system agreements have accelerated implementation. The “Economic Information Daily” reporter learned that, following the publication of the “zero tariff” list for raw and auxiliary materials, three “zero tariff” lists for production equipment for own use by companies will soon also be published. businesses, operational vehicles and consumer goods for the island’s residents. In addition, the list of cross-border service trade in Hainan Free Trade Port is also ready to appear.

The analysis believes that favorable policies will effectively promote the construction of a free trade port, promote the free flow of factors of production, and especially enhance the level of development of the three main tourism industries, the modern service industry and the high-tech industries, and will enhance industrial competitiveness.

On December 13, at the Hainan International Convention and Exhibition Center, 75 key projects were signed (14 projects with foreign funds and 61 projects with domestic funds), with a total contractual investment of approximately 39 billion yuan, covering the top three tourism industries, the modern service industry and the high-tech industries. , With cultural and sports participation, education and health care, financial leasing, international settlement, financial technology, smart logistics, jewelry processing and other fields with the “show grade” of the free trade port. So far, Hainan has signed 5 lots of 314 key projects this year.

Concentrated project implementation is inseparable from strong political support. The “Master Plan for the Construction of the Hainan Free Trade Port” (hereinafter the “Master Plan”) released on June 1 clarified that Hainan will establish a “zero tariff” list of “one negative and three positive” for goods imported before the closure of the island. Management system, including the negative “zero tariff” list of production equipment imported by companies for own use, the positive “zero tariff” list for vehicles in operation, the positive “zero tariff” list of raw materials and auxiliary materials consumed by companies for their own use or production and processing in the “two heads out” mode, A positive list of “zero tariffs” on imported goods consumed by residents of the island.

On November 11, the State Administration of Taxation, the Ministry of Finance and the General Administration of Customs jointly issued the “Notice on” Zero Fee “Policy for Raw and Auxiliary Materials of the Hainan Free Trade Port”, clarifying that island companies import for their own production and use the “two external extremes” model Raw and auxiliary materials from the positive list consumed in the process of production and processing activities or in the process of trade in services in the mode “two outer extremes” are exempt from import duties, import value added taxes, and consumption taxes. The list was implemented from December 1.

Implementation of the list has brought immediate tax cuts to businesses. Haikou Customs data shows that on the first day of policy implementation, Haikou Customs accepted import declaration procedures for 4 “duty-free” products from 2 companies, with a value of 40.84 million yuan and 5.5 million yuan tax exemption.

“The list includes 12 tax numbers for parts and components used in aircraft maintenance. We are fortunate to be the first to enjoy the dividend from the policy,” said Liu Shuai, manager of the Customs Clearance Office of the Department of Purchases from Hainan Airlines Holding Co., Ltd. On December 1, a batch of the company’s weather radar transceivers completed import declaration formalities and were put into production after being promptly cleared through customs. They became the first “duty-free” raw material and ancillary products in the Hainan Free Port, exempt from paying 530,200 yuan tax.

Yin Zhengping, a researcher at the Foreign Trade Research Institute of the Ministry of Commerce, told a journalist from the Economic Information Daily that the “zero-duty” list of raw materials and auxiliary materials includes 169 8-digit tariff items, which is in consistent with the “encouragement of industrial enterprises that do not contain imported materials or contain imported materials.” Goods processed in the Hainan Free Trade Port with an added value of more than 30% (inclusive) will be exempt from import duties when entering the mainland through the ‘second line’, and import value added tax and the consumption tax will be charged according to the regulations. The policy is unique to China and reflects the Party Central Committee, The determination and efforts of the State Council to build a high-level open free trade port will play an important role in attracting the gathering of relevant beneficiary industries and promoting growth. economic and commercial in Hainan.

The remaining three “zero fee” lists are also on the agenda. Sun Shiwen, deputy secretary general of the Hainan Provincial People’s Government, said Hainan has a unique national policy of “zero tariffs, low tax rates and simplified taxes.” The other three “zero fee” lists are also expected to be released before the end of this year.

Shen Xiaoming, secretary of the Hainan Provincial Party Committee, pointed out that Hainan should accelerate the implementation of various policies and measures for the free trade port at this stage, especially the zero “one negative and three positive” tariff list, the list relaxed market access, the negative list of access to foreign investment and cross-border services. Negotiate negative lists, encouraged industry catalogs and other matters one by one, focus on coordination and resolve key blocking points.

It is worth noting that customs and other departments are already preparing for the early implementation of the “Four Lists”. Shi Zongwei, head of Haikou Customs, said that Haikou Customs is doing a good job in investigating tariff-free commodity import policies, formulating customs supervision measures under the direction of the General Administration and in the simultaneous planning of the construction of information systems to ensure that early fixes can be implemented when the policies are implemented.

Shi Zongwei noted that the “General Plan” gave Hainan the best “zero tariff” policy for China’s trade in goods so far. In particular, the implementation of “one negative and three positive” list management in the initial stage of the agreement has a very broad coverage, which includes both production equipment and raw and auxiliary materials, including transportation, shipping and logistics, and retail to the consumer, which will promote the free flow of factors of production. In particular, it will enhance the level of development of tourism, modern service industry and high-tech industry, and enhance industrial competitiveness.

In addition, the next version of the free trade port of the negative list of cross-border service trade is also opening new opportunities for the development of Hainan’s service industry. “The negative list of cross-border trade in services in the Hainan free trade port now set to be published will be China’s first negative list in the field of trade in services,” Shen Xiaoming said.

Shen Xiaoming believes that the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) will provide a “window of opportunity” for the services trade of the Hainan Free Trade Port. Seven member states, including Japan, South Korea and Australia, adopted negative list commitments for trade in services, while the remaining eight member states, including China, adopted positive list commitments. China promised to go from a positive list to a negative list within 6 years. “We have six years to promote the Hainan Negative List nationwide and make China’s commitment to multilateral trade agreements a reality. The six-year transition period is an important ‘window opportunity’ for Hainan to develop trade in services, “he said.

Zhu Keli, executive director of the China Information Association and dean of the New Economic Research Institute, told the “Economic Information Daily” reporter that Hainan is doing everything possible to build a high-level open free trade port. In the six months since the “Blueprint” was published, Hainan has placed systems integration and innovation in a prominent position and has achieved a stable start and a good start. In the past six months, the business environment has continued to optimize, new market players have grown substantially, the flow of talent is orderly and smooth, innovative foreign exchanges and cooperation, and the active introduction of foreign capital and international talent have effectively promoted the development of the three leading industries in Hainan.

Zhu Keli believes that this is Hainan Free Trade Port’s top priority with high quality and high standards. Integrated reforms and institutional innovations need to be promoted efficiently to create a legal, international and convenient business environment. Among them, the step-by-step implementation of the nation’s unique zero-tariff, low-tax and simplified taxation agreements will further improve the quality of market entities and fully unleash the vitality of market entities, accelerate the cultivation of new advantages in cooperation and competition with the characteristics of Hainan and will add impetus to the construction of free trade ports. . (Reporter Wang Wenbo Wu Maohui)