AUSCA enjoys nearly 300m yuan in tariff relief in Hainan FTP

Following the implementation of special customs operations, businesses established in Hainan's Free Trade Port (FTP) have enjoyed practical benefits from the import tariff exemption policy for products with no less than 30 percent added value. AUSCA International Oils and Grains Co, established in the Yangpu Economic Development Zone in August 2020, has enjoyed nearly 300 million yuan ($42 million) in tariff relief since it began operations.

Video: Ma Mengmeng