China's island province sees duty-free shopping surge after policy upgrading
Updated: July 13, 2020 15:39 Xinhua

BEIJING — China's island province of Hainan has recorded spending on offshore duty-free shopping by visitors of 450 million yuan (about $64.34 million) from July 1 to 7, according to the General Administration of Customs.

During the period, the average daily tax exemption was 9.39 million yuan, up 58.2 percent from the average daily amount in the first half of the year, the administration said.

Cosmetics, jewelry and watches were the most popular products, with their sales accounting for 77.3 percent of the total.

Starting from July 1, Hainan has increased its annual tax-free shopping quota from 30,000 yuan to 100,000 yuan per person each year.

The range of duty-free goods has also expanded, growing from 38 categories to 45, while the previous tax-free limit of 8,000 yuan for a single product has been lifted.

China released a master plan in early June on building the southern island province into a globally influential free trade port.

The customs administration said individuals who resell or smuggle duty-free goods will have the action included in their personal credit report, in accordance with laws and regulations, and will not be allowed to purchase off-shore duty-free goods for three years.

 

Copyright? www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright? www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218

a片,看黄a大片,欧美a片,日本a片,黄色a片,a片视频,美国a片,国产a片,a片毛片免费看,a片无限看,成人a片,a片大全