USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

Hainan duty-free shops bring in $818 million

chinadaily.com.cn | Updated: 2013-06-17 17:34

Revenue at the two duty-free shops in Hainan province hit 5.02 billion yuan ($818.76 million) and the stores attracted 2.06 million people in the first half of 2013, the Xinhua Agency reported.

The offshore duty-free policy, introduced in 2011, has helped boost the province's tourism income by 17-percent year-on-year in 2012.

Every traveler to the island aged 16 or above can spend up to 8,000 yuan on duty free twice a year.

Residents also can also avail of duty-free shopping covering 21 categories, including cosmetics and watches.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US