Policies help fuel duty-free hub hopes By MA ZHIPING | China Daily | Updated: 2021-07-05 09:25 Share CLOSE Consumers browse cosmetics at a duty-free store in Haikou, Hainan province, on June 18. [Photo by Wang Chenglong/For China Daily]
Shopping boom continues in Hainan with major spikes in customers, sales
The duty-free shopping boom has picked up momentum in Hainan province as fine-tuned national policies turn the resort island into a duty-free shopping hub, officials and experts said.
Offshore duty-free sales reaped 46.8 billion yuan ($7.2 billion) in the 12 months to June 30 in Hainan, surging 226 percent year-on-year, customs officials in Haikou, the provincial capital, said on Saturday.
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