Global EditionASIA 中文雙語(yǔ)Fran?ais
    Business
    Home / Business / Consumer products Expo

    Duty-free stores in Hainan record surge in sales

    chinadaily.com.cn | Updated: 2021-05-11 14:06
    Share
    Share - WeChat
    This photo taken on April 19, 2021, shows staff members helping customers at a duty-free store in Boao, Hainan province. [Photo/Xinhua]

    Total sales at Hainan's offshore duty-free stores in the first quarter of 2021 reached 13.6 billion yuan ($2.1 billion), a rise of 356 percent on the COVID-hit first quarter of 2020, Hainan Governor Feng Fei told guests at the China International Consumer Products Expo opening forum on Friday, according to the Moodie Davitt Report.

    Consumer activity has recovered strongly, the governor said, noting that the implementation of Hainan's Free Trade Port project has driven demand as has the introduction of the enhanced duty-free shopping policy last July.

    According to statistics from China's Haikou Customs, in the first quarter of this year, around 1.79 million people purchased 17.75 million items in the island province's duty-free shops during the quarter, up 176.8 percent and 327.7 percent year-on-year, respectively.

    Last year, China raised the annual cap on zero import duty to 100,000 yuan for each traveler departing from the tropical island to encourage more spending.

    By the end of 2020, offshore duty-free business in Hainan was worth approximately $5 billion, boosted by the enhanced shopping policy, said the report.

    "I have witnessed the regular improvement to the offshore duty-free shopping regulations, including of course the major enhancement to the policy in July 2020. This was a game changer for the duty-free and travel retail industry not only in Hainan but for the world," said Martin Moodie, founder and chairman of the Moodie Davitt Report.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲中文字幕无码久久2017| 久久中文字幕无码专区| 少妇性饥渴无码A区免费 | 久久超乳爆乳中文字幕| 人妻少妇伦在线无码专区视频| 在线中文字幕av| 无码人妻少妇伦在线电影| 少妇人妻无码专区视频| 特级做A爰片毛片免费看无码 | 超清无码无卡中文字幕| 无码国产精成人午夜视频一区二区| 中文字幕亚洲免费无线观看日本| 精品无码三级在线观看视频| 无码人妻丰满熟妇区五十路百度| 日韩欧美中文字幕一字不卡| 久久亚洲精精品中文字幕| 亚洲欧美日韩中文播放| 久久久久亚洲AV无码专区网站| 日韩精品专区AV无码| A级毛片无码久久精品免费| 狠狠综合久久综合中文88| 久久精品中文闷骚内射| 久久ZYZ资源站无码中文动漫| 无码人妻一区二区三区免费视频 | 亚洲av无码不卡| 中文字幕国产第一页首页| 最近免费视频中文字幕大全| 91中文字幕yellow字幕网| 中文字幕国产精品| 亚洲综合最新无码专区| 亚洲AV无码乱码在线观看| 无码毛片一区二区三区中文字幕| 成人无码小视频在线观看| 国产∨亚洲V天堂无码久久久| 无码国内精品人妻少妇| 人妻丰满AV无码久久不卡| 免费无码VA一区二区三区| 国产精品无码a∨精品| 97人妻无码一区二区精品免费| 国产激情无码一区二区app| 国产亚洲美日韩AV中文字幕无码成人|