Haikou Enjoys New Policy Bonus With the Aim of Forming the Largest Offshore Duty-Free Town In Asia





(China.org.cn) --Tourists head to Asia may enjoy tropical sunshine and seaview in Thailand, Vietnam as well as Malaysia, while may have to turn to Hong Kong or Singapore, provided they want to clear up their to buy list. Now the newly released policy in Hainan province, China, allowing the visitors globally to have the both tasks finished at one stop.

Hainan province, which is better known for its reputable name “Hainan island”, a long-time popular tropical tourist destination with palm trees and soft beach, is taged with a new label of “shopping paradise” over the past recent years. 

On January 31, two newly opened offshore duty free shops in Haikou, the provincial capital, started to welcome consumers, uplifting the total number of the duty free shops within the island to 9.  Harbouring 4 out of the 9 shops solely, also with the construction of Haikou International Duty Free Complex, Haikou will build up the largest offshore duty-free town across Asia.

Apart from attarctive prices and discounts, another good news came on February 2, when China Ministry of Finance, General Administration of Customs and General Administration of Taxation jointly published the announcement allowing consumers who purchased the items physically in Hainan, to have the products delivered to their homes. 

“The price here is already cheaper than that in store counters elsewhere, even withou out discounts! Now the implementation of the delivery to home policy makes people don’t need to worry about whether their luggage will be overloaded”. A consumer from Shenzhen, Guangdong province, thumbs up for Hainan.

 “The items will be delivered out within 48 hours after the confirmation of visitors’ depatures, and the delivery expenses would be all on us.” A staff member of the duty free shop said.

In 2020, the total sales amount at Hainan’s offshore duty free shops (including tax-paid items) rose by 127% year-on-year, reached around CNY 32.74 billion (USD 5.05 billion).