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Hainan duty-free shops see record sales during Spring Festival

February 12, 2019


Abstract : Sales of duty-free shops in South China's Hainan Province hit a record high during the weeklong Spring Festival holiday, reaching 601 million yuan ($8.9 million), local customs figures showed.

BEIJING -- Sales of duty-free shops in South China's Hainan Province hit a record high during the weeklong Spring Festival holiday, reaching 601 million yuan ($8.9 million), local customs figures showed.

Four duty-free shops in the province sold 643,000 items during the holiday, up 30.43 percent year-on-year, and the sales increased 33.56 percent on a yearly basis, domestic news site cnr.cn reported on Monday, citing local customs statistics.

On Friday alone, sales reached 108 million yuan, a new daily record, the report said.

The province continued to see a travel boom during this year's Spring Festival holiday. Haikou, its capital, witnessed 1.55 million trips during the week, up 0.45 percent year-on-year, and received 1.83 billion yuan in tourism revenue.

The province will focus on building a consumption center for tourists with global influence this year, and it will also set up a tourism management system based on international industry rules, local news site hnrb.hinews.cn said on Monday.

In 2019, Hainan will seek to nurture new sectors through efforts such as advancing internet industries, including projects by domestic internet companies like Alibaba Group Holding and Tencent Holdings.

Source: Global Times

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Keyword: Hainan-FTZ duty-free-shop

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