Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Hainan duty-free sales rise 24 pct in H1

August 08, 2018


Abstract : Offshore duty-free shops on China's island province of Hainan sold 5.25 billion yuan (772 million U.S. dollars) of goods in the first half of this year, up 24 percent from the same period of last year, local customs said.

海南省

HAIKOU, Aug. 8 (Xinhua) -- Offshore duty-free shops on China's island province of Hainan sold 5.25 billion yuan (772 million U.S. dollars) of goods in the first half of this year, up 24 percent from the same period of last year, local customs said.

Official data showed that the two duty-free shops, one in the provincial capital of Haikou and the other in the resort city of Sanya, received 1.47 million customers and sold over 7 million items in the first half of 2018.

The State Council gave Hainan permission to run a trial offshore duty-free program on April 20, 2011, to help develop the island into a world-class tourist destination by 2020.

Without any restrictions on the number of purchases, non-Hainan residents are allowed to buy duty-free products worth up to 16,000 yuan each year before they leave the island by flight or train.

Travelers can also order online and pick up their purchases at the airport or railway station.

The province announced in April that it plans to establish another offshore duty-free shop in Boao, a town in the city of Qionghai.

Scan the QR code and push it to your mobile phone

Keyword: Hainan

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial