Core Insights - The new duty-free shopping policy in Hainan has significantly boosted the duty-free shopping industry since its implementation on July 1, 2020, with a total monitored shopping amount of 195.82 billion yuan, 28.589 million shoppers, and 240 million items purchased, representing increases of 315.3%, 123.3%, and 288.8% respectively compared to the previous five years [1] Summary by Categories Policy Changes - The annual duty-free shopping limit for outbound travelers was raised from 30,000 yuan to 100,000 yuan, and the limit on individual item exemptions was removed, expanding the range of duty-free goods to include seven categories of popular consumer products such as electronic items [1] Industry Impact - The major adjustments to the Hainan duty-free policy have effectively promoted the development of the duty-free industry in Hainan, enhancing the shopping experience and satisfaction of travelers due to the increased duty-free limits and a wider variety of products available [1]
海南离岛免税购物新政实施5年购物金额累计超1958亿元
news flash·2025-07-04 09:43