Recently, Nongfu Spring Volcano Drinks Co., Ltd. used “zero tariff” imported materials to carry out processing value-added duty-free business, and successfully cleared customs and released goods. Following the “zero tariff” import of production equipment such as sterile filling machines for personal use, the company further applied the free trade port policy to achieve “double” benefits, marking the smooth implementation of the first “zero tariff” processing value-added business in Haikou City. After the island-wide customs clearance and operation, the Hainan Free Trade Port's “zero tariff” list was greatly expanded, and the value-added duty free processing policy continued to be optimized, allowing eligible enterprises to carry out production and processing of “zero tariff” imported materials. Processed products with a value-added ratio of 30% or more can be sold to the mainland through “second-tier” exemption from import tariffs, achieving the combined empowerment of the two core policies, helping enterprises reduce operating costs and open up the vast consumer market in the mainland.

Recently, Nongfu Spring Volcano Drinks Co., Ltd. used “zero tariff” imported materials to carry out processing value-added duty-free business, and successfully cleared customs and released goods. Following the “zero tariff” import of production equipment such as sterile filling machines for personal use, the company further applied the free trade port policy to achieve “double” benefits, marking the smooth implementation of the first “zero tariff” processing value-added business in Haikou City. After the island-wide customs clearance and operation, the Hainan Free Trade Port's “zero tariff” list was greatly expanded, and the value-added duty free processing policy continued to be optimized, allowing eligible enterprises to carry out production and processing of “zero tariff” imported materials. Processed products with a value-added ratio of 30% or more can be sold to the mainland through “second-tier” exemption from import tariffs, achieving the combined empowerment of the two core policies, helping enterprises reduce operating costs and open up the vast consumer market in the mainland.