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Chinas Duty Free Shop

  • China's Hainan records surging duty-free shopping

    The southern Chinese island province of Hainan reported 49.5 billion yuan ($7.78 billion) of offshore duty-free shopping in 2021, up 80 percent year-on-year, with more than 70 million items bought
    http://www.chinadaily.com.cn/a/202201/12/WS61de6d78a310c...

  • China's Hainan sees soaring duty-free sales in 2021 - CGTN

    The duty-free shops host more than 720 brands in a total shopping area of 220,000 square meters. Since July 1, 2020, Hainan has raised its annual tax-free shopping quota from 30,000 yuan to 100,000 yuan per person. The duty-free purchase limit for cosmetics has been raised from 12 items to 30.
    https://news.cgtn.com/news/2022-01-02/China-s-Hainan-see...

  • China's Hainan records surging duty-free shopping

    China's Hainan records surging duty-free shopping. HAIKOU, Jan. 12 (Xinhua) -- The southern Chinese island province of Hainan reported 49.5 billion yuan (about 7.78 billion U.S. dollars) of offshore duty-free shopping in 2021, up 80 percent year on year, with more than 70 million items bought by 6.72 million shoppers.
    https://www.australiannews.net/news/272154200/chinas-hai...


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  • CHINESE DUTY-FREE CONSUMPTION - Market Research China

    Inbound duty-free market in China Due to policy support in recent years, Chinasinbound duty-free shopping is now competing with South Koreasdominant position. Offshore duty-free shops grew quickly during the last few years with the relaxation of restrictions and the increased number of product categories. 21 1.28 1.65 1.85 2.33 2.88
    https://daxueconsulting.com/wp-content/uploads/2020/09/C...

  • China's Hainan eyes 100b yuan of duty-free sales in 2022

    Customers purchase bags at a duty-free shop in Haikou, Hainan province, on Oct 1, 2021. PhotoIC HAIKOU -- China's island province of Hainan has set itself the target of over 100 billion yuan ($15.8 billion) in total sales from its duty-free shops in 2022, according to the government work report delivered Friday at the annual session of the provincial people's congress.
    https://global.chinadaily.com.cn/a/202201/24/WS61ee4e96a...

  • Hainan eyes 100 bln yuan of duty-free sales in 2022 - China

    China's island province of Hainan has set itself the target of over 100 billion yuan (about 15.8 billion U.S. dollars) in total sales from its duty-free shops in 2022, according to the government
    http://www.china.org.cn/business/2022-01/22/content_7800...



  • China's Hainan eyes 100 bln yuan of duty-free sales in 2022

    A customer views a watch in a duty-free shop in Haikou, capital of south China's Hainan Province, Jan. 3, 2022. (XinhuaGuo Cheng) HAIKOU, Jan. 21 (Xinhua) -- China's island province of Hainan has
    https://www.msn.com/en-xl/news/other/chinas-hainan-eyes-...

  • China's consumers spent $73.6 billion on luxury goods at home

    A major driver for the local luxury market is the growth of duty-free stores in Hainan, an island province in southern China. In the last two years, new government policies have cut taxes and introduced other business-friendly measures aimed at turning the region into a free-trade port and international consumption center.
    https://newsnationusa.com/news/business/chinas-consumers...

  • China's shoppers spent $73.6 billion on luxurious items at

    More duty-free shops in China A significant driver for the native luxurious market is the expansion of duty-free shops in Hainan, an island province in southern China. In the final two years, new authorities insurance policies have minimize taxes and launched different business-friendly measures aimed toward turning the area right into a free
    https://daily-paper.net/chinas-shoppers-spent-73-6-billi...


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  • Hainan duty free stores plan to increase sales to $15.8

    According to Wang Xuan, deputy general manager of China Tourism Group Duty Free Corporation, a company operating duty-free stores, a new international shopping mall will open in Haikou HAIKOU
    https://tass.com/economy/1392445

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