# zero tariff
Latest news and articles about zero tariff
Total: 2 articles found
Hainan’s Big Push: How China’s Free‑Trade Port Is Racing Ahead — and What Could Stall It
Two months after launching island‑wide closed‑port operations, Hainan reports sharp gains in duty‑free coverage, new business registrations and tourism, driven by expanded zero‑tariff lists and visa liberalisation. Officials characterise the early phase as a successful pressure test but stress the harder task ahead: translating short‑term inflows into sustained, high‑quality economic upgrading while tightening enforcement against smuggling.
China Opens Hainan to Duty‑Free In‑Island Shopping — But Limits and Controls Come First
China’s finance, customs and tax authorities have authorised a zero‑tariff scheme for qualifying imported goods bought by residents inside Hainan Free Trade Port, exempting customs duties, VAT and consumption tax within a positive list and an annual per‑person cap of RMB 10,000. The policy applies to Hainan residents and foreign residents with permits, requires purchases at designated duty‑free shops, forbids resale, and places anti‑smuggling responsibilities with the Hainan government.