Since the Hainan Free Trade Port closed the customs, the added value of pearl processing and domestic sales have exceeded 100 million

China News Service, Haikou, October 15 (Zhang Haoyu Li Boya) After the Hainan Free Trade Port was closed, the development of Hainan's gold and jewelry industry accelerated with the empowerment of processing value-added policies. Haikou Customs disclosed on the 15th that since the island-wide customs closure in Hainan on December 18, 2025, as of the end of September this year, Haikou Customs has supervised a cumulative value of 120 million yuan in pearl processing value-added domestically sold finished products.

The gold and jewelry industry is one of Hainan's key featured industries. After the value-added processing and tariff-free policy is rolled out across the island, it will effectively promote industrial transformation and upgrading. Taking the processing of value-added pearl jewelry as an example, the calculated import tariff for the pearl raw materials imported by the company is 21%. If the pearl raw materials imported for 700,000 yuan are subject to the processing value-added tariff-free policy and passed through the "second-tier" offshore islands, the tax and fees can be saved by more than 140,000 yuan, which greatly reduces the company's operating costs and enhances the market competitiveness of end products.

In order to promote the continued implementation of the tariff-free policy for value-added processing, Haikou Customs has launched a "one enterprise, one policy" guidance to provide detailed answers to practical questions such as enterprise qualification filing, ERP data transmission, value-added rate calculation, and account book list declaration. It has immersed the entire process to simulate airport port cargo arrival, tally, declaration, inspection, etc., and worked with enterprises to sort out the difficulties and blockages in the customs clearance process for the import of pearl materials and finished product exports, and work together to promote standardized declarations and efficient inspection and release.

Recently, a batch of pearl jewelry worth more than 900,000 yuan from Hainan Baoji Jewelry Co., Ltd. was successfully cleared and released at the second-tier port of Sanya Airport under the supervision of customs officers at Sanya Airport under Haikou Customs. The relevant person in charge of the company said that in September this year, the company officially passed the customs AEO certification, and can enjoy a series of preferential management measures such as priority processing, reduced supervision frequency, and optimized services. Both "first-line" imports and "second-line" departures from the island can be quickly released.