Wangfujing Group boosts Hainan FTP

Offshore duty-free shopping in Hainan province has become key to boosting consumption upgrade in China, with the duty-free sector playing a significant role in supporting the backflow of international spending into Hainan.

Domestic retailer Wangfujing Group just opened its Wangfujing International Duty-free Port in Wanning, Hainan in early April.

"China's market is also in the recovery stage, so expanding and promoting consumption has become a main priority,” said Du Tao, General Manager of Wangfujing Group.