Sales of Hainan’s Duty-free Sector Sees Significant Increase

By / sstv / Updated: 14:54,05-August-2022

Since July, with the launch of various consumption events, Hainan offshore duty-free sales have achieved growth. Especially during the second Hainan Expo, the sales of duty-free shops saw a significant increase, with the average daily sales of about 200 million yuan.

According to the data released by the Department of Commerce of Hainan Province, the sales of duty-free shops in Hainan exceeded 5 billion yuan in July, up 21% year-on-year, among which the duty-free sales volume was 4.07 billion yuan, an increase of 9% year-on-year. The Second Hainan Expo was held in Haikou from July 25th to the 30th, and the sales of the 10 duty-free shops in Hainan exceeded 1.56 billion yuan from July 25th to August 1st, with an average daily sales of nearly 200 million yuan. On August 1st, the sales of the 10 duty-free shops exceeded 224 million yuan, a year-on-year increase of 123%.

During the Hainan Expo, Hainan also issued a new batch of consumption coupons, totaling 100 million yuan, of which 60% was for the duty-free sector.

A consumer said, "The price is certainly cheaper than the physical store, and the discounts are quite big. I hope that Hainan can issue more coupons to promote consumption."

Hainan’s Duty-free shops have also launched a series of promotional activities to further stimulate consumption.

Zhang Ke, the Staff of CDF of Haikou Mova Plaza added, "With the spillover effect of the Hainan Expo, we are now holding the offshore duty-free shopping festival, with preferential activities being launched."

In the next step, Hainan is set to continue to promote consumption by various measures such as holding the first Hainan International Offshore Duty-free Shopping Festival. At the same time, more duty-free goods will be introduced with rich varieties and low prices, providing a better duty-free shopping experience for tourists inside and outside the island.



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