The first week of Hainan Islands' new tax-free policy landed

65,000 person-time "buy, buy, buy," daily average tax exemption of nearly 10 million yuan

  Our reporter Pan Shipeng

  The General Administration of Customs recently released news that from July 1st to 7th, the first week of the implementation of the new tax-free shopping policy for Hainan's outlying tourists, customs statistics show that outlying islanders accumulatively made 65,000 purchases, with a total purchase amount of 450 million yuan and tax-free 65.71 million yuan per day. The average tax exemption is 9.39 million yuan, an average increase of 58.2% over the first half of the year.

  Since the "Overall Plan for the Construction of Hainan Free Trade Port" was released on June 1, the tax-free shopping policy for Hainan's outlying island travelers has attracted widespread attention from tourists both at home and abroad. The "Announcement on the Tax-Free Shopping Policy for Hainan Islands Travelers" issued by the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation clarifies that the tax-free shopping quota will be increased from 30,000 yuan per person to 100,000 yuan per year for an unlimited number of times. Cancel the tax-free limit of 8,000 yuan for a single product. The variety of duty-free commodities on the islands has also increased from 38 to 45, especially seven categories of commodities such as electronic consumer products. A series of latest policies on tax-free shopping on outlying islands have made the vast number of travelers look forward to it, and have also opened up the “upsurge” on tax-free shopping on Hainan's outlying islands.

  On July 12, the reporter saw at the Haikou Riyue Plaza Duty Free Shop that there were many tourists in the store, and the scene was very hot, especially the electronics museum and cosmetics booths were crowded with consumers.

  According to customs statistics, in the first week of the implementation of the new policy, the purchase volume and purchase amount of cosmetics ranked first. The top three purchases were cosmetics (83.5%), perfume (4.7%) and jewelry (1.8%). The top three purchases were cosmetics (51.3%), jewelry (14.1%) and watches (11.9%), which together accounted for 77.2% of total shopping. It is understood that the pricing strategy and promotion make the current Hainan Islands' duty-free cosmetics offer 10% to 20% discount to the average selling prices of major markets such as Japan, South Korea, Singapore, France and Hong Kong.

  Since July 1, the number of daily shopping visitors has stabilized at around 10,000, and the daily shopping volume is between 60 million and 70 million yuan. Sanya Haitang Bay Duty Free Shops accounted for 78% of total sales, Haikou Meilan Airport Duty Free Shops accounted for 13%, Sun Moon Plaza Duty Free Shops and Qionghai Boao Dongyu Island Duty Free Shops accounted for 9%.

  Since the release of the new policy, the tax exemption fever in Hainan Islands continued to remain high, which not only attracted a large number of tourists to come to Hainan to "buy, buy, buy", but also drove the related industries to achieve a rapid recovery. In order to effectively use the new island tax exemption policy, Hainan launched the "2020 Second Hainan Islands Duty Free Shopping Festival" on July 6th to further stimulate passengers' enthusiasm for consumption and release the promotion effect of adjustment of the island tax exemption policy. Ding Yongzheng, vice president of HNA Aviation Group and director of the Commercial Committee, said that HNA Aviation Group has launched tax-free air ticket products for outlying islands, aiming to attract more tourists to Hainan, let the public enjoy the policy dividend of Hainan Free Trade Port construction, and attract more talents. The upsurge of construction of Hainan Free Trade Port.

  Gao Xujiang, assistant to the general manager of China Tourism Group China Freedom Co., Ltd. and executive director and general manager of China Freedom Group Sanya Duty Free Shop Co., Ltd., expressed the hope that the island's tax-free policy adjustment will be further promoted and Hainan's tourism industrialization development channel restored. Promote the "tax-free + tourism" Hainan characteristic tourism product to the whole country, deepen the attraction of the island tax exemption policy, expand the influence of Hainan tourism, attract more tourists to Qiong tourism and shopping, promote Hainan's economic growth by point and face, and strengthen Hainan's core competition To promote the construction of Hainan Free Trade Port and International Tourism Consumption Center.

  Pan Shipeng