WebBy 2024, significant progress will be made in the construction of the Hainan Pilot Free Trade Zone. By 2025, a free trade port system will be "basically established" in Hainan. By 2035, China aims to make its free trade port … WebApr 13, 2024 · April 13, 2024, 6:00 AM · 3 min read. BEIJING , April 13, 2024 /PRNewswire/ -- A news report from China.org.cn on Hainan Free Trade Port: "The spring breeze brushes through Hainan …
The Hainan Free Trade Port Law brings new market opportunities
WebApr 12, 2024 · In 2024, Hainan's foreign trade stood at 84.9 billion yuan ($13.3 billion), which shows an increase in trade of 73.9 percent in the past four years. In Q1 of 2024, Hainan customs supervised 14.7 ... WebMar 1, 2024 · Three new duty-free shops opened at the end of last year, and total revenue of such tax-exempt items on Hainan island reached a record 540 million yuan between January 1 to January 3, roughly... buildwithprecon
China: Tariff exemption for imported materials - KPMG United States
http://www.ehainan.gov.cn/hainanfreetradeport.html WebSep 28, 2024 · Hainan Free Trade Port’s incentives include lower corporate and income tax rates for qualified entities between January 1, 2024 and December 31, 2024. ... (US$775,000) are allowed to be included in the current costs and expenses and to be fully deducted on a one-time basis before calculating the taxable income, and there is no … cruises to bimini from fort lauderdale