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
Local

Hainan duty-free sales rise 29 pct in Q1

April 15, 2019


Abstract : Offshore duty-free shops on China's island province of Hainan raked in 4.24 billion yuan (about 632.5 million U.S. dollars) in sales in the first quarter of this year, up 29.2 percent year on year, local customs said.

HAIKOU, April 13 (Xinhua) -- Offshore duty-free shops on China's island province of Hainan raked in 4.24 billion yuan (about 632.5 million U.S. dollars) in sales in the first quarter of this year, up 29.2 percent year on year, local customs said.

Official data showed that the duty-free shops received over 1 million customers and sold over 5.47 million items in the period, up 20.4 percent and 33.3 percent respectively over the same period of 2018.

Since December 2018, the duty-free shopping quota in Hainan was raised to 30,000 yuan per year from the previous 16,000 yuan, without limits on the number of purchases.

Hainan also opened two new offshore duty-free shops in Haikou and Qionghai in January this year, adding to the previous two in Haikou and Sanya.

The State Council gave Hainan permission to run a pilot offshore duty-free program in April 2011 in an effort to make the island a world-class tourist destination.

Scan the QR code and push it to your mobile phone

Keyword: hainan duty-free

Reading:

Beijing Benz recalls 1,925 cars over airbag problem

Shenyang FTZ undergoes leap-forward development

China willing to expand imports from Belgium: premier

Xinhua Headlines: American cattle farmers eager to sell quality beef to China

Merkel restates commitment to free trade on opening Hanover fair

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