LINE

    Text:AAAPrint
    Society

    Hainan to raise duty-free ceiling to boost spending

    1
    2015-12-29 08:56Xinhua Editor: Gu Liping

    Southernmost province Hainan will raise the upper limit of offshore shopping eligible for duty exemption, its party chief said Monday, the latest move to boost spending on the resort island.

    Hainan allows non-locals to make duty-free purchases twice a year before taking flights to leave the island, each capped at 8,000 yuan (1,235 U.S. dollars). That amount is expected to double, said Luo Baoming, secretary of the Hainan Provincial Committee of the Communist Party of China.

    The island province will also promote online duty-free shopping while allowing those who leave the island by train to enjoy duty exemption, Luo said.

    The State Council, China's cabinet, gave Hainan permission to run a trial duty-free program in April 2011 in an effort to make the island a world-class tourist destination and to lure back luxury shoppers in order to buoy domestic consumption.

    Hainan has two duty-free shops, with one in the provincial capital of Haikou and the other, the world's largest such shop, in the resort city of Sanya.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 普洱| 新丰县| 拉萨市| 建阳市| 棋牌| 津市市| 平山县| 郧西县| 镇原县| 尚志市| 安陆市| 常宁市| 罗山县| 禹城市| 咸宁市| 淮安市| 临颍县| 湖北省| 磐石市| 山阳县| 正阳县| 建昌县| 凤庆县| 丹阳市| 大理市| 青田县| 鲜城| 巴楚县| 德钦县| 正定县| 广德县| 盈江县| 都兰县| 保康县| 礼泉县| 凤庆县| 攀枝花市| 岚皋县| 米林县| 三原县| 特克斯县|