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The record-setting launch of 22 commercial satellites using a single Chinese rocket at Wenchang Space Launch Center in late February has ignited passion among space fans and added new appeal to Hainan, an island province popular for its tropical features－year-round sunshine, sprawling beaches, rainforests and enthralling boat tours.
Policies help fuel duty-free hub hopes By MA ZHIPING | China Daily | Updated: 2021-07-05 09:25 Share CLOSE Consumers browse cosmetics at a duty-free store in Haikou, Hainan province, on June 18. [Photo by Wang Chenglong/For China Daily]
Shopping boom continues in Hainan with major spikes in customers, sales
The duty-free shopping boom has picked up momentum in Hainan province as fine-tuned national policies turn the resort island into a duty-free shopping hub, officials and experts said.
Offshore duty-free sales reaped 46.8 billion yuan ($7.2 billion) in the 12 months to June 30 in Hainan, surging 226 percent year-on-year, customs officials in Haikou, the provincial capital, said on Saturday.