--- title: "The value of domestic sales under the duty-free policy for processing and value-added in Hainan Free Trade Port has exceeded 7 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/228833603.md" description: "According to statistics from Haikou Customs, since the implementation of the duty-free policy for processing and value-added domestic sales in the Hainan Free Trade Port at the Yangpu Bonded Port Area in July 2021, as of February 16 this year, the value of processing and value-added domestic sales reached 7.05 billion yuan, with approximately 560 million yuan in duties exempted. So far, a total of 113 enterprises in Hainan have been approved as processing and value-added pilot enterprises, benefiting multiple industries including agricultural and sideline food processing, pharmaceutical manufacturing, general equipment manufacturing, and jewelry" datetime: "2025-02-19T09:53:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228833603.md) - [en](https://longbridge.com/en/news/228833603.md) - [zh-HK](https://longbridge.com/zh-HK/news/228833603.md) --- # The value of domestic sales under the duty-free policy for processing and value-added in Hainan Free Trade Port has exceeded 7 billion yuan According to statistics from Haikou Customs on February 19, since the implementation of the duty-free policy for processing and value-added domestic sales in the Yangpu Free Trade Port Area in July 2021, as of February 16 this year, the value of processing and value-added domestic sales reached 7.05 billion yuan, with approximately 560 million yuan in duties exempted. So far, a total of 113 enterprises in Hainan have been approved as pilot enterprises for processing and value-added, benefiting multiple industries including agricultural and sideline food processing, pharmaceutical manufacturing, general equipment manufacturing, and jewelry ### Related Stocks - [001215.CN](https://longbridge.com/en/quote/001215.CN.md) - [000153.CN](https://longbridge.com/en/quote/000153.CN.md) - [002082.CN](https://longbridge.com/en/quote/002082.CN.md) ## Related News & Research - [India's peak power demand hits record 265 GW amid heatwave conditions](https://longbridge.com/en/news/287081701.md) - [Should You Be Adding Daewoong Pharmaceutical (KRX:069620) To Your Watchlist Today?](https://longbridge.com/en/news/286824214.md) - [13:15 ETInventHelp Inventor Develops Newly Designed Propane Grill (TLS-1328)](https://longbridge.com/en/news/286948467.md) - [Weekly crude oil inventories fall -7.863M vs -2.942M estimate](https://longbridge.com/en/news/287085217.md) - [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md)