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Construction of Hainan FTP gives impetus to duty-free shopping


Construction of Hainan FTP gives impetus to duty-free shopping
Xinhua |
Updated: 2021-07-06 09:21
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A woman browses products at a duty-free store in Haikou, Hainan province, on June 18. WANG CHENGLONG/FOR CHINA DAILY
HAIKOU-South China s island province of Hainan has seen exponential growth in duty-free sales in the year after a new policy was implemented.
Hainan s offshore duty-free sales hit 46.8 billion yuan ($7.2 billion) in the period from July 1, 2020 to June 30, soaring 226 percent year-on-year, provincial Customs said in Hainan s capital Haikou on Saturday.
Duty-free shops in Hainan sold over 60 million duty-free items to more than 6.2 million customers during the period, up 211 percent and 102 percent year-on-year, respectively. ....

Cheng Long , Liu Feng , Gao Xujiang , Qin Lin , Shen Xiaoming , Guangxi Zhuang , Chinese Characteristics At Hainan Normal University , Research Center , Haikou International Duty Free City , China Duty Free Group , South China , Hainan Free Trade Port , Sanya International Duty Free City , Haitang Bay , Moodie Davitt Report , Hainan Free Tade Port , Free Trade Port , Chinese Characteristics , Hainan Normal , செங் நீண்டது , லியூ ஃபெங் , குயின் லின் , ஆராய்ச்சி மையம் , சீனா கடமை இலவசம் குழு , தெற்கு சீனா , ஹைனன் இலவசம் வர்த்தகம் போர்த் ,

Policies help fuel duty-free hub hopes


Policies help fuel duty-free hub hopes
By MA ZHIPING |
China Daily |
Updated: 2021-07-05 09:25
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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. ....

Feng Fei , Xie Xiangxiang , China Post , Hainan University , China International Consumer Products Expo , Hainan Free Trade Port , Five Year Plan , Moodie Davitt Report , ஃபெங் ஃபெ , சீனா போஸ்ட் , ஹைனன் பல்கலைக்கழகம் , சீனா சர்வதேச நுகர்வோர் ப்ராடக்ட்ஸ் எக்ஸ்போ , ஹைனன் இலவசம் வர்த்தகம் போர்த் , ஐந்து ஆண்டு திட்டம் , மனநிலை டேவிட் அறிக்கை ,