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    <title>Global South Media Briefing on Hainan FTP Held in Haikou</title>
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    <description>Hainan Free Trade Port will commence island-wide special customs operations with an established framework and infrastructure; current tax measures will be consolidated into 17 policies, including ten &quot;zero-tariff&quot; policies, two VAT refund measures, stamp duty exemptions for offshore trade, four income tax policies including the dual 15% cap, and a shift to negative list management increasing zero-tariff coverage from 21% to 74%.</description>
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