Economy > Regional

Duty-free sales in China's resort island exceed 7.7 bln USD in 9 yrs

Xinhua News,HAIKOU
2020-04-20 11:56

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HAIKOU, April 20 (Xinhua) -- China's island province of Hainan raked in 55.07 billion yuan (about 7.78 billion U.S. dollars) in duty-free sales in the past nine years, according to customs of the provincial capital city of Haikou.

The State Council gave Hainan permission to run a pilot offshore duty-free program on April 20, 2011, in an effort to make the island a world-class tourist destination.

Statistics showed that duty-free shops in Hainan received over 16.09 million customers and sold over 72 million duty-free goods over the past nine years.

In January last year, Hainan opened two new offshore duty-free shops in Haikou and Qionghai, adding to the previous two in Haikou and Sanya.

The province opened two duty-free experience shops in Sanya last week where customers are allowed to visit the bricks-and-mortar stores and place orders online.
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