With the continuous release of Free Trade Port policy dividends, overseas investment by enterprises based in south China’s Hainan Province has maintained strong growth. In the first half of this year, the number of overseas investment projects filed by Hainan for enterprises increased by 103.66 percent year-on-year, while the total overseas investment amount grew by 108.48 percent year-on-year.
An aerial drone photo taken on Oct. 18, 2024 shows a view of the Haikou Comprehensive Bonded Zone in Chengmai County, south China’s Hainan Province. (Xinhua/Pu Xiaoxu)
"Driven by the policies of the Hainan Free Trade Port, we are going global from Hainan," said Huang Wu, general manager of Yixintang (Hainan) Import and Export Co., Ltd. In April this year, the company invested in establishing Yixintang Boan International Company in Hong Kong. Both the registration certificate and overseas investment filing were completed efficiently, and the company is now preparing to begin operations.
In recent years, Hainan has been actively improving high-level investment liberalization and facilitation. It has significantly relaxed market access restrictions, deepened reforms such as the "admission upon commitment" system, and strictly implemented the "non-prohibited, freely permitted" principle. A total of 127 administrative licensing items have been optimized into notification and commitment-based items. At the same time, Hainan has vigorously improved the business environment at its ports, halving port service fees for goods, promoting information sharing and coordination among port departments, and significantly reducing overall customs clearance time—all contributing to a freer and more convenient foreign trade environment.
Additionally, Hainan continues to upgrade and optimize Free Trade Port policies such as the "zero tariff" lists, the 15 percent income tax rate for enterprises and individuals, and the 30 percent value-added processing exemption from import duties for domestic sales. Hainan has also launched "Hai Yi Dui," a one-stop service platform for enterprise-support policies, delivering tangible benefits directly to enterprises.
原文地址:http://en.people.cn/n3/2025/0811/c90000-20351530.html