On the 4th, the reporter learned from the Ministry of Finance that in order to support the development and opening up of the Hengqin Guangdong Macao Deep Cooperation Zone, with the consent of the State Council, the Ministry of Finance, together with the General Administration of Customs and the State Administration of Taxation, issued a notice clarifying the import and export tax policies related to goods in the Hengqin Guangdong Macao Deep Cooperation Zone. Hengqin is designated as a "first line" with the Macao Special Administrative Region, and Hengqin is designated as a "second line" with other regions within the territory of the People's Republic of China. According to the notice, the cooperation zone will implement a tax policy of opening up the first line of goods and regulating the second line. Firstly, in order to promote the efficient and convenient flow of goods on the "front line", except for goods that are not exempt from tax or bonded as explicitly stipulated by laws and regulations, eligible goods entering the cooperation zone through the "front line" are exempt from tax, while goods in other situations are bonded. Secondly, in order to promote the diversified development of Macau's industries, goods produced by enterprises in the cooperation zone, including imported materials, with a processing value added of 30% or more in the cooperation zone, are exempt from import tariffs and subject to import value-added tax and consumption tax in accordance with regulations when entering the mainland through the "second line". At the same time, for the sale of tax-free or bonded goods and their processed products to individuals within the cooperation zone, as well as for those entering the mainland through the "second line" for domestic sales, import taxes shall be levied in accordance with regulations. The third is that the relevant goods entering the cooperation zone through the "second line" of the mainland are considered as exports, and value-added tax and consumption tax refunds are implemented in accordance with regulations. Export tariffs are levied on taxable goods related to export tariffs. The fourth is to strengthen supervision, strengthen the management of key commodities, handle smuggling and other behaviors in accordance with the law, and effectively prevent risks. Compared with the current import tax policy for goods in the cooperation zone, the policy has been adjusted as follows: firstly, from relaxing the "first line" to relaxing the "first line", expanding the subject and scope of goods enjoying tax exemption or bonded policies, and promoting the efficient and convenient flow of "first line" goods. The second is to optimize and improve the "second line" management policies. Based on the previous policies, we will increase the value-added processing and tariff free policies, encourage processing and manufacturing within the cooperation zone, and promote moderate and diversified development of the Macao economy. In addition, the three departments have issued notices clarifying the tax policies related to personal luggage and postal items in the cooperation zone. Firstly, in order to facilitate the entry and exit of personnel to a high degree, within the limits of self use and reasonable quantity, and in compliance with relevant management regulations, except for items that are clearly prohibited from tax exemption by laws and regulations, items are allowed to enter the cooperation zone through "frontline" tax exemption. Secondly, when goods enter the mainland through the "second line", they should be regulated and taxed according to regulations. The tax exemption limit for passengers (excluding non resident passengers) carrying goods does not exceed 8000 yuan (including 8000 yuan). The third is to strengthen supervision, prohibit the resale of duty-free items, and strengthen the handling of smuggling and other behaviors. (Lai Xin She)