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Hainan's 2nd duty free store opens


22-Dec-2011 - Global Times
Hainan's 2nd duty free store opens
A duty free store has opened its doors Wednesday in Haikou, China's Hainan province. It's the second of its kind to open on the island following the duty free store in Sanya.

The new duty free store is located inside the Haikou Meilan International Airport, conveniently allowing tourists to purchase items just before boarding their plane, whereas the Sanya store is located downtown. The Sanya store ships the items to the airport where they are collected by customers.

According to China's policies to build Hainan into an international tourism island, the province enjoys a number of preferential policies which allow it to have duty free stores. Tourists to the island can buy duty free commodities valued up to 5000 yuan, or about 780 US dollars during each visit.

The new duty free store in Haikou is divided into two sections selling different categories of products including food, clothes and cosmetics. Shoppers can find familiar international brands such as Armani, Gucci, Prada, etc.

The store is operated by a company owned by Hainan province and the tax refund rate is in accordance with the one duty free store in Sanya. The Sanya store is run by the state-owned China Duty Free Group.
22-Dec-2011 - Global Times

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