Is the Era of High Profits in Hainan's Electromechanical Imports Coming to an End?
When Mr. Zhang first saw that German precision machine tool in the Hainan bonded warehouse, he realized that it was a business opportunity worth tens of millions - this equipment could solve the production capacity bottlenecks of three local automakers, but the complicated import process deterred the purchasers. This is precisely the significance of the Import of New Electromechanical Equipment through Agency in Hainan service.
With the expansion of the coverage of the "zero - tariff" policy in the free trade port, the import value of electromechanical products in Hainan surged by 67% year - on - year in 2023. Customs data from Zhongshitong shows that injection molding machines, CNC machine tools, and testing instruments account for 82% of the agency business volume.
- Tariff Reduction: Exemption from 13% VAT + 10% tariff for the import of production equipment
- Process Simplification: The processing period for the automatic import license of electromechanical products is shortened to 3 working days
- Demand Surge: New energy automakers and semiconductor factories are intensively building factories in Hainan
Ms. Li's environmental protection equipment company, through professional agency services, not only saved 28% of logistics costs but also avoided a 200,000 - yuan fine caused by incorrect HS coding.
1. Compliance Guarantee
A professional team handles documents such as 3C certification and energy efficiency filing, avoiding common risks such as "importing used equipment disguised as new products".
2. Cost Control
Utilizing the "tax - free for processing value - added" policy in Hainan, a Taiwanese machine tool saved 19% in taxes and fees after being assembled in Hainan and sold domestically.
3.
Through the pre - declaration system of Haikou Customs, the customs clearance time for precision instruments is compressed from the normal 7 days to 8 hours.
- Select an agency enterprise with AEO advanced certification
- Prepare a Chinese - English comparison table of equipment technical parameters in advance
- Confirm whether the target equipment is in the catalog of encouraged industries in the free trade port
- Reserve 15% of funds to cope with exchange rate fluctuations
When Hainan fully closes the island for customs operations in 2025, the import of electromechanical equipment will face a more open policy environment. Those early - birds who have laid out their plans are turning customs declarations into profit statements. Have you ever considered: Perhaps the next equipment upgrade opportunity in your industry is hidden in a certain import tax - free list?
- Further Reading
- Secrets of Shanghai Import Customs Declaration You Don't Know!
- Shaoxing Goods Import Customs Clearance Agency, It's So Important!
- Stop handling the import and export rights by yourself. Agency handling is the wise choice.
- Agent for Hubei's Import and Export Products, It's Surprisingly Important!
- Is the Imported Lighting Fixture Agency a Profitable Industry?
- How Deep is the Import of Soybeans?
If you require China procurement agency or import-export agency services, please get in touch with us through the following channels. Our professional consultants will reach out to you promptly for personalized support.
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