Hainan offshore duty-free sales soar +26% to RMB10.59 billion (US$1.54 billion) in first two months

Hainan sees $780k in sales to residents during first month of zero tariff policy

The new rules allow residents to purchase imported goods for personal consumption without paying tariffs The post Hainan sees $780k in sales to residents during first month of zero tariff policy appeared first on DFNI.

Hainan offshore duty-free sales soar +26% to RMB10.59 billion (US$1.54 billion) in first two months

During the same period, 1.279 million shoppers purchased 8.012 million duty-free items in Hainan, marking year-on-year increases of +16.6% and +9.9%, respectively.