Hainan International Commodity Trade Center Project

(1) Preferential Policies

The maximum personal income tax for talents is 15%; encouraged enterprises are subject to 15% corporate income tax; the production equipment imported by enterprises for self-use is exempted from import duties, import value-added tax and consumption tax; imported operational vehicles and yachts are exempt from import duties, import value-added tax Consumption tax; imported production raw materials are exempted from import duties, import value-added tax and consumption tax; imported goods purchased by residents on the island are exempt from import duties, import value-added tax and consumption tax; the tax-free shopping quota for outlying islands is increased to 100,000 per person per year Increase the variety; tourism, modern service, and high-tech industries will be exempted from corporate income tax on newly-added overseas direct investment income before 2025; corporate capital expenditures can be deducted or accelerated depreciation and amortization at one time; overseas exhibits at the exhibition Import and sales tax exemption; implementation of the Hainan Free Trade Port’s cross-border service trade negative list; implementation of the Hainan Free Trade Port’s special list for market access; implementation of the Hainan Free Trade Port’s negative list of foreign investment access; implementation of a more convenient visa-free entry policy; The free and open cargo in and out policy greatly facilitates the project's international logistics function; the convenient cross-border capital circulation policy and the multi-functional free trade account system are extremely conducive to the construction of the project's global small commodity international trade settlement center.

(2) Unique Geographical Advantage

The project is planned to be located in the airport economic zone of Meilan Airport, which has obvious location advantages. First, it is adjacent to Meilan Airport, with convenient flow of personals and logistics, and complete surrounding logistics facilities. With the opening of Hainan’s 6th air rights, Meilan Airport’s international route resources have steadily increased; second, it is close to Haikou Port, with convenient airport and seaport linkages. The diversified needs of commodity logistics can be greatly satisfied; the third is the geographical advantage of being backed by the Qiongzhou Strait and close to the mainland, which not only facilitates the gathering of mainland people, but also facilitates the project's digital trade hub function to more conveniently connect the mainland and overseas regions.

6. Project Planning and Supporting Facilities