Hey there! Have you heard the latest news from China? 🇨🇳 Let me tell you all about it!
In the southern part of China, there’s a beautiful island called Hainan. 🏝️ It’s known for its sunny beaches and palm trees. But guess what? It’s also becoming a super important place for trade! 🚢
Hainan has a Free Trade Port. “What’s that?” you might ask. Well, a Free Trade Port is a special area where goods from other countries can come in and out without paying extra taxes called tariffs. This makes trading easier and cheaper! 🤑
Recently, a big announcement was made by Mr. Cai Qiang, a leader working on the Hainan Free Trade Port project. He said that starting this year, even more goods will have “zero tariffs”! That means more items can be traded without those extra costs. How cool is that? 🎉
Why is this important? With fewer tariffs, it’s easier for countries to trade things like toys, gadgets, and clothes. This could mean more awesome products for everyone and better friendships between countries! 🤝
Also, they’re creating a special tax system just for the Hainan Free Trade Port. This system will help businesses grow and make trading even smoother. It’s like giving the port a superpower! 💪
So, next time you see something made in Hainan, you’ll know it’s coming from a place that’s making big moves in the world of trade! 🌍
Isn’t it exciting to see how places around the world are working together? Maybe one day, you might visit Hainan and see it all for yourself! ✈️
Reference(s):
NPC deputy: Hainan Free Trade Port upgrades preferential tax policies
cgtn.com
