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In a move to bolster the growth of the Hainan Free Trade Port and broaden the spectrum of zero-tariff goods, a joint announcement by the Ministry of Finance, General Administration of Customs, and State Taxation Administration released on Sunday has unveiled adjustments to the zero tariffs policy for raw and auxiliary materials within the port.
China's consumption market gained momentum during the Spring Festival holiday spanning from Jan 28 through Tuesday, showing robust growth across multiple sectors including retail, tourism and cultural services, according to the latest data from the State Taxation Administration.