Core Viewpoint - The launch of the Hainan Free Trade Port's full island closure on December 18 will not directly affect the "offshore duty-free" policy, which was recently adjusted on November 1, allowing for more flexible shopping options for residents [1][8]. Summary by Relevant Sections Offshore Duty-Free Policy Adjustments - The updated "offshore duty-free" policy allows island residents to purchase "immediate purchase and pick-up" goods without limit on the number of purchases within a natural year, provided they have at least one record of leaving the island [1][3]. - The policy specifies that purchases must be made for 15 categories of goods, including cosmetics, clothing, and accessories, with a single item price limit of 20,000 RMB, and an annual total duty-free shopping limit of 100,000 RMB per person [3][6]. New Product Categories - The policy expansion includes two new major categories: pet supplies and portable musical instruments [5][6]. - Three additional subcategories have been added, including small household appliances, electronic consumer products, and digital accessories [5][6]. Legal Considerations and Compliance - The policy upgrade aims to enhance shopping choices but raises concerns about illegal activities such as "reselling" and "proxy purchasing," which will be subject to legal action [8][10]. - Key compliance points include managing personal identification and duty-free quotas, avoiding paid proxy purchases, and reporting any illegal activities to customs authorities [10]. Impact of Full Island Closure - The full island closure will not have a direct impact on the offshore duty-free policy, and there are no immediate price changes expected for duty-free goods post-closure [1][8]. - The integration of duty-free shopping with tourism, culture, and entertainment is anticipated to create more consumption opportunities and job openings in Hainan, while attracting more investors and businesses to the region [1][8].

Core Viewpoint - The launch of the Hainan Free Trade Port's full island closure on December 18 will not directly affect the "offshore duty-free" policy, which was recently adjusted on November 1, enhancing shopping opportunities for residents [1][9]. Summary by Relevant Sections Policy Adjustments - The "offshore duty-free" policy has been upgraded for island residents, allowing unlimited purchases of "immediate purchase and pick-up" items within a natural year, provided there is at least one record of leaving the island [1][3]. - The policy specifies that the term "year" refers to January 1 to December 31, and only actual departures (not just ticket purchases) qualify [3]. Product Categories - The upgraded policy has expanded the range of products available for duty-free shopping, now including 47 categories, with new additions such as pet supplies and portable musical instruments [5]. - Specific categories have been adjusted, including the reclassification of "home air purifiers" to "small appliances" and the addition of various electronic products [5]. Legal Considerations - The policy upgrade has raised concerns about illegal activities such as "reselling" and "proxy purchasing," which are subject to legal penalties [7]. - Consumers are advised to manage their identification and duty-free quotas carefully and to avoid engaging in any compensated purchasing activities [7]. Economic Impact - The full island closure is expected to integrate duty-free shopping with tourism, culture, and entertainment, potentially leading to increased consumer spending and job creation in Hainan [11]. - The closure is anticipated to attract more investors and businesses to Hainan, stimulating demand in the service sector and contributing to the overall economic growth of the region [11].

Core Points - The announcement adjusts the duty-free shopping policy for travelers leaving Hainan to support the construction of the Hainan Free Trade Port [2][3] Group 1: Policy Adjustments - Two new categories of products are added: pet supplies and portable musical instruments. The category "home air purifiers and accessories" is changed to "small appliances," which now includes robotic vacuum cleaners and vacuum cleaners. The category "wearable electronic consumer products" is updated to "electronic consumer products," adding digital photography and videography equipment and accessories, as well as micro drones [2] - The age requirement for duty-free shopping is raised from 16 to 18 years [3] Group 2: Eligibility and Purchase Limits - Travelers who are 18 years or older, holding valid departure tickets from Hainan, and leaving the country can enjoy the duty-free shopping policy. Their purchases will count towards an annual duty-free shopping limit of 100,000 RMB, with no limit on the number of purchases [3] - Residents of Hainan with departure records within a calendar year can purchase duty-free items without limit under the "immediate purchase and pick-up" method [3] Group 3: Tax and Regulatory Framework - Businesses with duty-free sales qualifications can sell domestic products in duty-free shops as exports, allowing for VAT and consumption tax refunds. Specific regulations for supervision and tax refunds will be established by the customs and tax authorities [2][3] - Other provisions of the duty-free shopping policy will continue to follow the previous announcement from 2020 [3][4]

Core Points - The announcement aims to expand the policy effects and support the construction of Hainan Free Trade Port by adjusting the duty-free shopping policy for outbound travelers [1][2] Group 1: Adjustments to Duty-Free Shopping Policy - Two new categories of goods have been added: pet supplies and portable musical instruments. The category "household air purifiers and accessories" has been changed to "small appliances," which now includes robotic vacuum cleaners and vacuum cleaners. The category "wearable electronic consumer products" has been updated to "electronic consumer products," adding digital photography and videography equipment and accessories, as well as mini drones. Additionally, the "tablet computer" category now includes digital accessories such as mice and keyboards [1] - After the adjustments, there are a total of 47 categories of duty-free goods available for purchase, with specific categories, purchase quantities, and requirements detailed in an attachment [2] Group 2: Eligibility and Purchase Regulations - The age requirement for duty-free shopping has been raised from 16 to 18 years old [3] - Outbound travelers who are 18 years or older, have purchased tickets for departure from Hainan, and possess valid entry and exit documents can enjoy the duty-free shopping policy. The annual duty-free shopping limit for these travelers is set at 100,000 RMB, with no limit on the number of purchases. Specific limits on product categories and quantities are outlined in the attachment [3] - Residents of Hainan with outbound travel records within a calendar year can purchase duty-free goods without limit under the "immediate purchase and pick-up" method. The policy is effective from the date of this announcement [3] Group 3: Implementation and Compliance - The existing provisions of the duty-free shopping policy as per the announcement by the Ministry of Finance, General Administration of Customs, and State Taxation Administration (Announcement No. 33 of 2020) will continue to be enforced [4] - The new policy will take effect on November 1, 2025 [5]