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  • China Duty Free Group reports profit growth in 2020

    China Duty Free Group Co., Ltd. (CDFG), a state-owned enterprise operating duty-free business, reported profit growth in 2020.

    February01,2021


  • Economic Watch: China's resort island opens two more duty-free shops

    Two new offshore duty-free shops opened on Sunday in Haikou, capital of south China's island province of Hainan, raising the number of duty-free shops in the province to nine.

    February01,2021


  • Surge in Hainan duty-free sales during New Year holiday

    Duty-free sales in China's island province of Hainan reached 540 million yuan (about 83.6 million U.S. dollars) during the three-day New Year holiday, an increase of 195.16 percent year on year, Haikou Customs said Monday.

    January05,2021


  • ​Capital city of south China's Hainan unveils measures to boost consumption

    Haikou, capital city of south China's Hainan Province, recently unveiled a work plan to boost consumption, reported Hainan Daily Wednesday.

    November18,2020


  • Development zone set to bring more benefits for local companies, residents

    The development of Hainan Free Trade Port is drawing a much desired blueprint for locals, tourists and business people as a whole.

    September08,2020


  • Shopping boosted after Hainan raises duty-free shopping quotas

    Offshore duty-free shopping in Hainan soared to 5.58 billion yuan ($816 million) in the two months from July to August, increasing 221.9 percent year-on-year, with cosmetics becoming the best seller in both sales volume and transactions, Haikou Customs District of China said on Tuesday.

    September08,2020


  • China's resort island to open three new duty-free shops

    China's island province of Hainan plans to open three new offshore duty-free shops this year, authorities said at a Wednesday press conference.

    August20,2020


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