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Trade

GLOBALink | China's Hainan reports growing offshore duty-free sales during Spring Festival holiday

January 31, 2023


Abstract : During the week-long Spring Festival holiday, which ended on Friday, duty-free shopping boomed in south China's island province of Hainan as its tourism gradually rebounded, unleashing new consumption vitality.

HAIKOU, Jan. 30 (Xinhua) -- During the week-long Spring Festival holiday, which ended on Friday, duty-free shopping boomed in south China's island province of Hainan as its tourism gradually rebounded, unleashing new consumption vitality.

Hainan reported a total of 1.56 billion yuan (about 234 million U.S. dollars) in offshore duty-free sales during the holiday, a year-on-year increase of 5.88 percent, according to Haikou Customs. The number of shoppers for duty-free products in Hainan from Jan. 21 to 27 totaled 157,000, up 9.51 percent from last year's Spring Festival holiday, which ran from Jan. 31 to Feb. 6. Each shopper spent an average of nearly 10,000 yuan.

This photo taken on Jan. 29, 2023 shows commodities at a duty-free shop in Haikou, south China's Hainan Province. (Xinhua/Pu Xiaoxu)

Customers select cosmetics at a duty-free shop in Haikou, south China's Hainan Province, Jan. 29, 2023.(Xinhua/Pu Xiaoxu)

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Keyword: Hainan Spring Festival holiday offshore duty-free sales

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