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Duty-free discounts fueling greater travel spending


Duty-free discounts fueling greater travel spending
By HE WEI and MA ZHIPING in Haikou |
China Daily |
Updated: 2021-05-10 07:04
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Visitors cluster around an 88-carat black diamond encased in a glass pyramid at the China International Consumer Products Expo in Haikou, Hainan province, on Saturday. [Photo/China Daily]
Duty-free shopping in China is bolstering consumer spending with a spate of policies driving retail sales, and industry players are not shying away from forecasting more gains after the sector s stellar growth in the past year.
Brands from home and abroad are flocking to introduce new products and exclusives for travel retailers during the China International Consumer Products Expo in Haikou, capital of Hainan province, where incentives like zero import taxes and shorter negative lists are fueling business optimism. ....

Qian Jiannong , Fabrice Megarbane , Kentaro Fujiwara , David Fang , Carol Luk , Denis Cheng , Fosun Tourism Group , Nestle International Travel Retail , Nestle Health Science , China International Consumer Products Expo In Haikou , China International Consumer Products Expo , Shiseido China , Vital Proteins , Hainan Free Trade Port , L Oreal North Asia Zone , Tourism Group , Fosun Tourism , கெண்டரோ புஜிவாரா , டேவிட் ஃப்யாஂக் , டெனிஸ் செங் , கூடு சர்வதேச பயணம் சில்லறை , கூடு ஆரோக்கியம் அறிவியல் , சீனா சர்வதேச நுகர்வோர் ப்ராடக்ட்ஸ் எக்ஸ்போ , ஶிஸேடொ சீனா , இன்றியமையாதது ப்ரோடீந்ஸ் , ஹைனன் இலவசம் வர்த்தகம் போர்த் ,