On December 18th, Hainan Free Trade Port officially launched the island wide lockdown, moving towards a new stage of higher-level opening up to the outside world. A series of policies benefiting enterprises and the people have been expanded and implemented. After nearly half a month of operation, consumers refreshed their shopping experience in duty-free shops; Foreign workers who come to China fall in love with their work and life in Hainan; Local enterprises on the island are facing new opportunities for development; Foreign funded enterprises are optimistic about their future development in China. Recently, reporters interviewed consumers, foreign workers in China, local enterprises on the island, and foreign-funded enterprises in Hainan, recording the sense of gain of four types of subjects. ——Editor: Mr. Zhang, a tourist from Beijing - High quality domestic products can also enjoy tax refunds on outlying islands. Originally, I only planned to buy some skincare products, but I didn't expect my phone to be so cost-effective now. Combined with various discount promotions in the store, the price has been discounted by over 3000 yuan compared to the official website! ”At the duty-free shop at Haikou Meilan Airport, Mr. Zhang, a tourist preparing to return to Beijing, just bought a Huawei three fold screen phone. Nowadays, in addition to mobile phones, consumers can also buy more high-quality domestic products at duty-free shops. This is due to the implementation of the offshore duty-free policy before the closure of Hainan Free Trade Port. The policy is clear. Business entities with qualifications for offshore duty-free goods distribution purchase six types of domestic goods, including coffee and tea, and sell them in offshore duty-free shops, which are considered as exports and eligible for VAT and consumption tax refunds (exemptions). Yao Jiangnan, the comprehensive sales manager of Haikou Meilan Airport Duty Free Shop, told reporters that since the operation of the customs clearance, there has been a significant increase in business travelers like Mr. Zhang, and domestic high-end electronic products have become popular souvenirs for them to bring to their friends and family. Zheng Fujia, an electronic product salesperson at the store, added that recently not only has there been a significant increase in inquiries for high-end models of some mobile phones, but also new technology trendy products such as flight cameras and electronic guitars that have been included in the tax-free category are highly favored by young travelers. Tourists from the outlying islands returned with a full load, and the shopping carts of the island residents became increasingly full. At the Sun Moon Square duty-free shop in Haikou city, Ms. Li, a 35 year old resident of Haikou, is shopping for imported milk powder and skincare products. After checking out, she walked out of the store directly with her shopping bag, without having to go to the airport to pick up the goods as before. In the past, if you wanted to buy duty-free goods, you had to gather opportunities for business trips or tourism on the island, which was very troublesome. According to the current policy, as long as there is one record of leaving the island within one year, it is possible to purchase the products on the 'buy and pick up' list without limit within the limit of 100000 yuan. ”Ms. Li sighed and said, "Nowadays, duty-free shops are like supermarkets at our doorstep, where you can buy them anytime and take them away. It's so convenient." From "buying only on outlying islands" to "buying anytime with records," policy adjustments have made people's lives more convenient. Li Yingjun, a staff member of the marketing department of Sun Moon Square Duty Free Shop, introduced that after the implementation of the policy, the duty-free consumption scenarios have been further expanded, especially the convenience measures for local residents, which have accelerated the integration of duty-free goods into their daily lives. According to statistics from Haikou Customs, from December 18th to 24th, Haikou Customs supervised a total of 1.1 billion yuan in duty-free shopping on outlying islands, a year-on-year increase of 54.9%. The optimization of tax-free shopping policies, combined with the favorable operation of customs closures and the peak winter tourism season in Hainan, have led to an increase in the popularity of tax-free sales on outlying islands due to multiple factors. ”Wang Chunhao, head of the Sanya Customs Duty Free Goods Supervision Department, introduced that in addition to expanding the beneficiaries to departing passengers and domestic goods entering the country, the variety of goods has also been expanded to 47 categories, including portable musical instruments, pet supplies, etc., meeting consumers' more diverse needs. The implementation of the policy "big gift package" has put forward higher requirements for regulatory services. Haikou Customs has greatly improved the turnover efficiency of the entire duty-free chain through innovative models such as "centralized+automatic" document review and graded supervision of duty-free enterprises, enabling duty-free shops to update their products faster and have more abundant sources of goods, optimizing the shopping experience. In the future, we will continue to increase our efforts in institutional innovation, so that the benefits of offshore duty-free policies can benefit more people, "said Wang Chunhao. At the same time, we also need to remind individuals to beware of the risks of" proxy purchases "to avoid affecting the duty-free shopping experience. (Reporter Sun Haitian) South Korean lawyer Choi Bi said: "There are more opportunities for foreign-related legal services." Just as he sorted out his documents, South Korean lawyer Choi Bi looked out the window and saw that the participants of the Haikou Marathon were starting from Guoxing Avenue. The surging crowd complemented the coconut trees and bustling commercial districts along the way. After the official launch of the island wide lockdown, he arrived at Hainan Free Trade Port and directly felt the vitality and enthusiasm of this land. After the lockdown, Hainan's external exchanges became smoother, and there were more opportunities for foreign-related legal services, which is the main reason that attracted me to work here. ”Choi Bi jae, who is currently the Chief Representative of Korea's Yoo Law Firm in Haikou, has nearly 30 years of professional experience. Ten years ago, realizing that Chinese companies would expand their business overseas and Korean companies would invest in China on a larger scale, he began providing legal services for companies from both countries in areas such as intellectual property protection and cross-border investment. Day after day, he and his colleagues have plans to establish a representative office in China. Where should we choose the location? Cui Bi is actively seeking advice from Chinese colleagues and international students. After several discussions, Hainan attracted Cui Bi's attention with the relevant measures to expand the opening up of the service industry. The landing time is faster than expected. Since last year, Cui Bi and external consultant Li Xian have been organizing and submitting materials. In July of this year, the representative office in China was registered with the Ministry of Justice. In December, Cui Bi obtained a work permit and a residence permit. The efficient multi department joint review and handling mode of one-stop processing and simultaneous certification saves him the trouble of running multiple departments. Filling out forms, submitting materials, entering the system, and conducting approvals are all interconnected in an orderly manner. Cui Bi exclaimed, "This is the speed at which Hainan Free Trade Port opens up." In order to attract high-end and scarce talents to gather, Hainan Free Trade Port implements a list management for high-end and scarce talents who work here and enjoy preferential policies. The portion of their actual personal income tax burden exceeding 15% will be exempted. After registration and filing, we can establish business institutions in Hainan to engage in some commercial non litigation legal affairs. My own professional experience and legal skills, after being recognized as qualified, can also better develop in free trade ports. ”Cui Bi said that only when institutions can be "on site" and lawyers can be "present", can enterprises obtain services with more peace of mind. Another phone call came in, and a South Korean company inquired with a law firm about the customs clearance policy of Hainan Free Trade Port. The burden of tariffs, ease of customs clearance, and feasibility of profit repatriation are all issues of concern for South Korean companies. The measures and tax preferential policies related to free and convenient trade, investment, and cross-border capital flow in the design of the Hainan Free Trade Port system happen to be the advantages that attract these enterprises. ”Cui Bi is optimistic about the development prospects of Korean companies in Hainan, and more companies investing here will bring more development opportunities to the representative office; The Hainan International Arbitration Court, which is expected to develop into one of the international dispute resolution hubs, and the establishment of a diversified commercial dispute resolution mechanism, can also enable the representative office to grow together. Cui Bi said that Hainan Free Trade Port has provided relevant preferential and convenient measures for foreign high-end talents in terms of taxation, medical care, and visa free entry. In Hainan, work is worry free and there are expectations, while life is comfortable and enjoyable. Wang Hai, General Manager of Hainan Jingrun Pearl Technology Co., Ltd. - The production cost of foreign trade enterprises has been reduced. In the imported raw material warehouse of Hainan Jingrun Pearl Technology Co., Ltd., workers are grading a batch of raw pearls that have just been imported from overseas. Pearls emitting a soft and delicate luster will be designed and processed into exquisite jewelry for sale in the mainland market. The imported raw material warehouse is also an independent customs supervision site, with high-definition monitoring equipment installed in one corner of the roof that operates 24 hours a day online, capable of monitoring the storage, processing, and shipment process of imported raw beads throughout the entire process. The monitoring system is connected to the customs intelligent supervision system to ensure that customs officers can supervise anytime and anywhere. In the past two weeks, we have imported another batch of pearls from the Philippines and Indonesia, with a value of about 900000 yuan and reduced tariffs by about 170000 yuan. ”The company's general manager Wang Hai introduced that the company needs to import a large amount of pearls from overseas for processing every year. Thanks to the optimization of the policy of exempting domestic sales of goods with a processing value-added of 30%, the previous 21% tariff can be reduced, which saves costs for the enterprise. At the same time, the import consumption tax and value-added tax corresponding to the value of the goods are calculated and levied in the final customs clearance stage, which can reduce capital occupation. In early January of this year, the company imported a batch of pearl raw materials from Indonesia. On January 22nd, the first batch of imported pearl processing products were successfully shipped to the mainland market, with a value of 83600 yuan and a tariff reduction of 17600 yuan. As of December 10th, the company has utilized the policy of processing value-added tax exemption to purchase and store approximately 40000 pieces of raw beads with a value of 12 million yuan, and produced 4090 finished products, with a total reduction of about 1.75 million yuan in tariffs. Reducing production costs not only benefits consumers, but also brings new opportunities for the company's development. Nowadays, the jewelry made from imported Nanyang pearls is sold at more favorable prices in mainland China, and its market competitiveness is enhanced, "Wang Hai said. After the closure of Hainan Free Trade Port, the company further extended its industrial chain layout, upgraded the production and manufacturing of pearl skincare products, and expanded the overseas pearl jewelry market. The policy of exempting value-added processing from tariffs continues to iterate and upgrade from pilot projects in one domain to full domain applications. At present, except for customs dishonest enterprises, the application of the value-added processing tariff exemption policy is not limited to enterprises of any size, state-owned enterprises, private enterprises, or foreign enterprises, achieving full coverage of enterprises within Hainan Province. After the Hainan Free Trade Port officially launched the island wide lockdown, the policy of exempting value-added processing from tariffs for the first time includes Hainan's self-produced materials and components in the value-added part; Expand the scope of imported materials and, based on the previous pilot program that only allowed bonded goods, include "zero tariff" goods in the scope of application. More and more enterprises are enjoying policy incentives and gaining broad market prospects. The application process for enterprises is more convenient. Hainan has developed value-added processing modules on the "single window" for international trade, allowing enterprises to pilot online applications and reducing the average application review time by more than 50%. At the same time, the Hainan government service platform "Haiyiban" has set up a "one-stop" service area for value-added processing exemption from tariffs. Through integrated processing and data sharing, enterprises can enjoy more convenience. In order to efficiently implement the unique policies of Hainan Free Trade Port, Haikou Customs continues to improve its policy guidance team, sending policies to the park and enterprises, providing precise guidance with "one enterprise, one policy", and providing full process services of "policy promotion+enterprise research+business guidance", bridging the "last mile" of policy implementation. A series of policy measures are continuously releasing dividends and activating new driving forces for industrial development. Wu Guangyu, President of Dun&Bradstreet China - We have seen broad opportunities in the Chinese market. In Haikou Fuxing City Internet Information Industrial Park, the employees of Hainan Dun&Bradstreet Data Technology Co., Ltd. are working hard to process data. At the beginning of the planning of Hainan Free Trade Port, five institutional designs were proposed for freedom and convenience, and one for safe and orderly flow, including data security and orderly flow. As a data company, we see vast opportunities in the Chinese market. ”Wu Guangyu, President of Deng Bai Shi China, introduced that with the help of local government departments, Hainan Deng Bai Shi Data Technology Co., Ltd. was registered and established in Haikou in 2022, and was approved as a pilot enterprise for data export security assessment in 2023. In China, on average, one small and medium-sized enterprise applies for a Dun&Bradstreet code every 10 minutes. ”Wu Guangyu stated that with the promotion of the construction of Hainan Free Trade Port, more and more international enterprises hope to settle in Hainan, while more local enterprises are eager to go global. Both sides urgently need an internationally recognized "credit language" and "data map" to clear the gap when exploring the two markets