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Yangpu Expands Pilot Policy of Domestic Sales of Processed Goods

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Yangpu Expands Pilot Policy of Domestic Sales of Processed Goods

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In an ongoing effort to enable enterprises to benefit from the policy exempting duties on locally processed goods with an added value exceeding 30% when sold domestically, recent measures have been taken to extend the pilot implementation of the policy in Yangpu. The list of beneficiaries now includes seafood products, bringing the total number of enterprises enjoying the duty-free policy in Danzhou to 12.


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Hainan, China's southernmost island-province, has always been at the forefront of the country's reform and opening-up. With the construction of its free trade port with Chinese characteristics, Hainan is now becoming a global economic powerhouse. Personally planned, deployed and promoted by Chinese President Xi Jinping, Hainan's economy master plan focuses on the development of high-quality new productive forces and promotes low-carbon and green industries, making it a world-class destination and a magnet for investors and visitors alike. As CGTN introduces The Forefront, a special series featuring talks on China's governance with the country's ministers and governors, CGTN's Wang Guan sat down with Feng Fei, secretary of Hainan's CPC Provincial Committee, in the debut episode for an exclusive interview to discuss Hainan's main policies and initiatives. Stay tuned to CGTN for The Forefront on March 12 at 11:30 Beijing Time.

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