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Duty-free shops in Hainan province saw sales of 1.5 billion yuan ($232 million) during the Spring Festival shopping spree, double the figure for the Spring Festival holiday in 2019.
From Feb 11, Lunar New Year's eve, to Wednesday, sales at Hainan's nine duty-free shops reached 1.5 billion yuan, 1.4 billion yuan of which was for duty-free goods, official data showed.
The stores welcomed more than 200,000 visitors over the holiday period, and many of the visitors tried the new "mail and delivery" shopping service, which was introduced on Feb 2.
On July 1, Hainan raised the annual duty-free shopping quota to 100,000 yuan per person from the previous 30,000 yuan. The categories of goods included were also expanded from 38 to 45, with liquor and electronic products added.
"Duty-free shopping is expected to become the new blockbuster growth point for Hainan's tourism industry and the development of Hainan as an international tourism center," he added.
Despite the pandemic, total sales of duty-free goods in Hainan reached 27.48 billion yuan in 2020, a year-on-year increase of 103.7 percent, with the number of individual shopping trips increasing by 19.2 percent to 4.48 million, according to the General Administration of Customs.
Apart from the nine duty-free shops that are currently in operation in Hainan, a number of new duty-free shops that will open exclusively to local residents are also in the pipeline, said officials with the provincial government.Meanwhile, a new duty-free shopping mall is under construction in Haikou. It is due to open in 2023 and will involve a total investment of 12.86 billion yuan.
Source: Hainan Free Trade Port
