Hainan tax rebate attracts 1.6 million tourists for shopping

Sunshine and the beach first come to mind about the island of Hainan - China's southernmost province, an allure that is increasingly known worldwide as it is set to become an international tourist destination.

As of Jan. 10, 2013, sales of duty-free goods in Hainan totaled about 5.2 million items with the total sales of 3.4 billion yuan. About 1.6 million people are there for duty-free goods shopping.

In 2012, tax rebate shopping policy made the province closer toward its goal to become an International Tourism Island. The policy effectively helped the transformation and upgrading of the tourism industry on the island, as well as further optimized the structure of Hainan tourism consumption, boosting the province's service revenue significantly.

Last year, Hainan sold about 3.5 million duty-free products, with the daily average of 9,617 items, an increase of 129 percent. Sales total amount reached 2.4 billion yuan, with a daily average of about 6.5 million yuan, a year-on-year increase of 143 percent. The total number of customers totals about 1.1 million, with per capita consumption of 2,230 yuan, a year-on-year growth of 12 percent.

Read the Chinese version:"离岛免税"助海南旅游升级 约158万人次赴岛购物Source:Economic Daily News

We recommend:
Report on the rich in China released	Sales boosting measures for Spring Festival	1st express sleeper train starts operation
Top 10 most transparent multinational companies	Top Ten Economic Events in 2012	Beijing leads nation on rich list