Hainan eyes 100 bln yuan of duty-free sales in 2022

0 Comment(s)Print E-mail Xinhua, January 22, 2022
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China's island province of Hainan has set itself the target of over 100 billion yuan (about 15.8 billion U.S. dollars) in total sales from its duty-free shops in 2022, according to the government work report delivered Friday at the annual session of the provincial people's congress.

Three more duty-free shops opened last year in Hainan, raising the total number to 10. The province's duty-free shops raked in 60.2 billion yuan in 2021, an increase of 84 percent year on year.

Wang Xuan, deputy general manager of the China Tourism Group Duty Free Corporation Ltd., said the duty-free shop at Sanya Phoenix International Airport will be expanded and the duty-free shop in Haikou Meilan International Airport will be improved, with the aim of building Hainan into a globally renowned destination for tourism and consumption.

He also noted that this year the provincial capital Haikou will see the opening of a new international duty-free shopping mall, which will be the largest duty-free shopping complex in the world.

More than 81 million domestic and overseas tourists visited Hainan in 2021, up 25.5 percent year on year, while the province's total tourism revenue increased 58.6 percent over the previous year to about 138.4 billion yuan. 

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