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Haikou's "second-line" ports begin customs supervision operation

China

China

China

Haikou's "second-line" ports begin customs supervision operation

2025-12-18 17:45 Last Updated At:23:37

Customs supervision channels at the "second-line" ports of Xinhai and Nanhai in Haikou for outbound cargos were officially put into operation on Thursday, marking another concrete step in advancing the regulatory framework of the Hainan Free Trade Port (FTP).

It came after the country launched island-wide special customs operations on Thursday in the Hainan FTP, the world's largest FTP by area, allowing freer entry of overseas goods, expanded zero-tariff coverage and more business-friendly measures.

The facilities serve as centralized inspection sites for trucks transporting goods leaving the island.

Under current arrangements, three categories of goods that enjoy facilitation measures at the "first line" -- zero-tariff goods, goods benefiting from duty-free treatment for value-added processing, and goods subject to relaxed trade management measures -- are required to pass through designated customs supervision channels at the "second line" when exiting Hainan.

The two second-line ports handled their first batch of outbound cargo shortly on Thursday morning, which included pharmaceuticals, medical devices and nuts, all of which are eligible for preferential policies.

"The first batch of our goods cleared here are medical device products, specifically disposable latex urinary catheters. The shipment totals 410,000 units, with a value of 880,000 yuan," said He Yongshen, general manager of Hainan Weili Medical Technology Development Co., Ltd.

According to customs authorities, the launch of the supervision channels is expected to provide more targeted support for industries that have benefited from policy incentives within the Hainan FTP framework.

"At present, the system mainly involves industries such as food processing, medical devices and jewelry," said He Bin, director of the Department of Free Trade Zone and Special Regional Development of Haikou Customs.

Haikou's "second-line" ports begin customs supervision operation

Haikou's "second-line" ports begin customs supervision operation

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U.S. dollar ticks up

 

The U.S. dollar increased in late trading on Thursday.

The dollar index, which measures the greenback against six major peers, gained 0.06 percent to 98.425 at 3 p.m. (2000 GMT).

In late New York trading, the euro decreased to 1.1725 dollars from 1.1745 dollars in the previous session, and the British pound was up to 1.3386 dollars from 1.3378 U.S. dollars in the previous session.

The U.S. dollar bought 155.52 Japanese yen, lower than 155.63 Japanese yen of the previous session. The U.S. dollar declined to 0.7940 Swiss francs from 0.7953 Swiss francs, and it fell to 1.3781 Canadian dollars from 1.3789 Canadian dollars. The U.S. dollar fell to 9.2846 Swedish kronor from 9.2984 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

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