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China's duty-free shopping policies in Hainan province, offering travelers the convenience of instant pickups and guaranteed ...
Shares of Chinese companies that operate duty-free stores jumped on expectation of better consumer demand given that sweeping ...
O n a recent Thursday afternoon, the Haikou International Duty Free City, a sprawling mega-mall on China’s southern island ...
China’s second-largest duty-free retailer, operated by Hainan Tourism Investment Duty Free Co., is set to transform the exhibition space (2C02 Hall 2) into a multisensory pavilion, merging technology, ...
Luxury spending in Hainan had previously tripled between 2019 and 2023, spurred by policy changes in 2020 that raised duty-free purchase limits. This momentum was reversed last year as economic ...
SHANGHAI: During the week-long Spring Festival holiday, which ended on Friday, duty-free shopping boomed in South China’s island province of Hainan as its tourism gradually rebounded ...
The Cognac house is raising the bar for luxury retail in Hainan with a new boutique that blends rare expressions, immersive ...
Cai also mentioned that Hainan Free Trade Port has enhanced its offshore duty-free services by introducing options for direct purchase and pick-up, as well as credit-guaranteed pick-up methods.
Why it matters: The results were disappointing, dragged by a 27% fall in Hainan offshore duty-free sales, impacted by China's macroeconomic and consumption headwinds, alongside diversion effects ...
The new 240 hour visa free transit policy as well as Hainan's many air routes reaching an increasing number of international destinations make the province a highly convenient, welcoming destination.
The parent company of the world’s second-largest travel retailer, China Duty Free Group, has reported a -19.6% year-on-year revenue drop in 2024 to CNY56.47 billion (US$7.8 billion).