Duty free shop competes for consumers

Consumers flocked to a duty free shop which opened in downtown Shanghai on Monday, although its prices were higher than airport duty free shops.

The shop, operated by China National Service Corporation, is an example of the efforts that Chinese enterprises make to unlock the potential of domestic consumers at a time of record low economic growth.

Products from more than 100 brands are being sold in the 3,300-square-meter, two-floor store that sits in a commercial complex in Jing'an district, one of Shanghai's busiest commercial hubs.