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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.
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.
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.
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.
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.
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.
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.
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