China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau
China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau

China bets on Hainan duty-free shopping mecca to boost spending at home

  • China has increased duty-free shopping limits for mainland tourists visiting Hainan as part of its free-trade port plan
  • Beijing hopes it can transform the island into a shopping hub that will compete with centres in Japan and Europe

Topic |   China economy
China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau
China plans on turning Hainan into a duty-free hub to compete with international shopping centres. Illustration: Kuen Lau
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