Hainan’s offshore duty-free sector sees strong customer traffic and vibrant sales following the island-wide special customs operations. [Photo provided to chinadaily.com.cn]
China’s island province of Hainan reported robust trade and soaring duty-free sales as it launched its island-wide special customs operations on Thursday.
The landmark policy, which turns the entire Hainan Island into a special customs supervision zone, is designed to transform Hainan into a globally influential free trade port. The immediate data from Haikou Customs underscores the policy dividend, showing a seamless flow of goods under new tax benefits.
Tanks to chinadaily.com.cn
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