Update: China introduces zero-tariff policy on imported goods for Hainan residents

Xinhua
05 Feb 2026, 12:45 GMT+10

BEIJING, Feb. 5 (Xinhua) -- China on Thursday introduced a zero-tariff policy on certain imported goods for consumption by residents in the Hainan Free Trade Port (FTP).

The policy, effective immediately, was announced in a joint statement by the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration.

It provides that import duties, along with value-added tax and consumption tax levied at both the import and domestic stages, will be exempted on eligible goods purchased by FTP residents at designated retail stores.

Eligible residents include Chinese citizens with a Hainan identity card, a local residence permit, or a local social security card, as well as overseas personnel who work and live in Hainan and hold valid residence permits.

Each eligible resident is granted an annual duty-free shopping quota of 10,000 yuan (about 1,437.4 U.S. dollars), with no limit on the number of purchases. The policy covers daily necessities, including specified food and beverages, daily chemical products, household goods, and maternal and child supplies.

The policy is part of broader efforts to advance high-standard building in the Hainan FTP, aiming to enable residents to directly benefit from the island's opening-up and enhance their sense of gain, according to the statement.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.

More Information

Business

Section

Alibaba pledges $431 mln to boost Qwen app during holiday rush

BEIJING, China: China's Lunar New Year shopping and travel rush is once again becoming a high-stakes battleground for tech giants,...

Tech hit the skids again, but Dow Jones gains 260 points

NEW YORK, New York - AI stocks continued to be pounded on Wednesday dragging the tech sector sharply lower, however the Dow Jones surged...

From cars to clothing, Latin America resists China import surge

HONG KONG: From factory floors to street markets, governments and businesses across Latin America are scrambling to respond to a surge...

Airlines warn supply chain woes will linger amid political risk

SINGAPORE: As the global aviation industry gathers in Singapore, airline executives and regulators are confronting a tougher path to...

Gold, oil and metals tumble after Warsh named next Fed chair

SINGAPORE: A broad selloff swept through global commodities markets on Monday, dragging down prices of precious metals, energy, and...

Tech stocks dive, lead broader market lower

NEW YORK, New York - Wall Street finished well in the red on Tuesday as investors bailed out of tehnology stocks. The losses came despite...

Asia Pacific

Section