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Offshore duty-free sales in China's Hainan likely to double in 2021: official
Offshore duty-free sales in China's southern island province of Hainan are expected to double in 2021 for the second year in a row, as fine-tuned favorable policies continue to draw more consumers, an official said Monday.
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.
China's island province sees duty-free shopping surge after policy upgrading
China's island province of Hainan has recorded spending on offshore duty-free shopping by visitors of 450 million yuan (about 64.34 million U.S. dollars) from July 1 to 7, according to the General Administration of Customs.
China moves to boost duty-free consumption
China is mulling measures to boost duty-free consumption, as a way of driving consumer spending.
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