Hainan’s New Zero-Tariff Policy on Drugs and Medical Devices in Boao Lecheng Pilot Zone
Hainan’s zero-tariff policy in the Boao Lecheng Pilot Zone exempts drugs and medical devices from import duties and VAT.
New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan
China’s National Immigration Administration (NIA) has introduced a new 144-hour visa-free policy for foreign tour groups from Hong Kong and Macao entering Hainan, expanding the scope of the existing 30-day visa-free policy.
Unlocking Opportunities: Hainan’s 2024 Encouraged Industries Revealed
Hainan has officially launched the 2024 catalogue of encouraged industries, featuring 33 new additions compared to the 2020 edition.
Hainan Carries Out Pilot Reform for Commercial Franchising
Hainan has launched a Commercial Franchise Reform Pilot Work Plan, providing several actions to promote the franchise industry within and beyond the province island
Hainan FTP Allows Qualified Foreign Universities to Run Independently in the Province
Foreign universities will have the opportunity to run independently in the Hainan FTP.
Hainan Province in China Allows Import of Urgently Needed Drugs and Medical Devices from May 1
Hainan will allow overseas medical devices, in vitro diagnostics (IVDs), and drugs that are unapproved at the national level – to be used exclusively in the Medical Tourism Pilot Zone. We discuss the specific conditions that apply.
New Facilitated Pick-up (Duty-Free) Policy in Effect in Chinese Province of Hainan
Hainan has announced two new ways to collect offshore duty-free items starting April 1, 2023 – with associated tax benefits.
Investing in Hainan: Industry, Economics, and Policy
As China advances with its free trade ambitions, it’s a good time to learn about investment opportunities in Hainan Free Trade Port (FTP).