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Chapter 549 - Chapter 506: Premier Yun Summons (2nd update, seeking monthly tickets)_1

If this policy was implemented in a few municipalities under the central government, or perhaps in the South China Sea Special Zone or Haili Island, it might be feasible. However, implementing it in Wanghai City would be more difficult.

For duty-free on off-shore islands, this means that some import products which are supposed to be taxed, such as value-added tax, tariffs and other taxes, will be exempted or reduced. This would significantly boost Wanghai's future. Take Donggang Special Zone for instance, the reason it is considered a shopping paradise is precisely because of this policy. Purchases made here are cheaper than anywhere else.

"Zhenbang, do you realize the huge sensation this proposal will cause nationwide once it's unveiled? The resistance it will meet will definitely be enormous." Qiao Yiren looked at Nie Zhenbang and asked.

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