Core Insights - The opening of Shenzhen's first city duty-free store at Shenye Shangcheng represents a new model for urban duty-free economies, aiming to enhance consumer experiences and stimulate local commercial growth [1][10][19] Group 1: Duty-Free Store Models - Three consumption models are identified: duty-free shopping for travelers with valid exit documents, regular taxable purchases, and tax refund shopping for foreign residents [2][3] - The duty-free model offers immediate tax exemptions, providing discounts of approximately 11-25% compared to regular taxable purchases [2][4] Group 2: Strategic Location and Design - The duty-free store is strategically located on the first floor of Shenye Shangcheng, covering nearly 3,000 square meters, which is expected to attract significant foot traffic [4][10] - The store aims to create a differentiated shopping experience by integrating immersive themes and local cultural elements, such as a whiskey tasting area and a health space featuring traditional Chinese medicine [9][21] Group 3: Target Audience and Product Offering - The store will feature 19 product categories, including international brands and local innovations, catering to both local and international consumers [7][14] - The focus on local brands and technology products aligns with Shenzhen's identity as a tech hub, appealing to tech-savvy travelers [7][10] Group 4: Government Support and Policy Framework - Shenzhen's government has implemented supportive policies to enhance the duty-free shopping experience, including a streamlined tax refund process and promotional measures for local brands [11][19] - The city aims to establish a world-class commercial ecosystem, with the duty-free store playing a crucial role in this strategy [11][19] Group 5: Economic and Cultural Impact - The duty-free store is expected to drive economic growth by attracting high-value consumers and enhancing the overall shopping experience in the area [18][23] - The integration of duty-free shopping with local cultural and tourism resources is seen as a key strategy for enhancing consumer engagement and promoting the city as a global shopping destination [18][23]