Hainan’s duty-free policy brings 38.5 billion yuan from 12 million tourists

Hainan’s duty-free policy brings 38.5 billion yuan from 12 million tourists - Γεια σου φίλε MOVE ΣΗΜΕΡΑ ΝΕΑ, Στο άρθρο που διαβάζετε αυτή τη φορά με τον τίτλο Hainan’s duty-free policy brings 38.5 billion yuan from 12 million tourists, έχουμε προετοιμαστεί καλά για αυτό το άρθρο μπορείτε να διαβάσετε και να κατεβάσετε τις πληροφορίες σ 'αυτό. ελπίζουμε πλήρωση των θέσεων άρθρο ΑΘΛΗΤΙΣΜΟΣ, άρθρο ΟΙΚΟΝΟΜΙΑ, άρθρο ΠΟΛΙΤΙΚΗ, άρθρο ΠΟΛΙΤΙΣΜΟΣ, άρθρο ΥΓΕΙΑ, άρθρο HEAVY, γράφουμε μπορεί να καταλάβει. Λοιπόν, καλή ανάγνωση.

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Hainan’s duty-free policy brings 38.5 billion yuan from 12 million tourists




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Hainan’s duty-free policy will be further eased from December, to boost tourism and domestic consumption as the island targets to be a free-trade port.

The domestic and overseas tourists, as well as island residents can make duty-free purchases if they spend no more than 30,000 yuan ($4,315) per person within one year, up from the current limit of 16,000 yuan, the Ministry of Finance said in a statement on its website. There will be no restrictions on purchase frequency.

Some medical apparatus and instruments will be included on the duty-free product list, including hearing aids, visual training machines, and household respiratory support equipment. Every consumer can buy a maximum of two of these items each time, according to the statement.

Further easing the tax policy in Hainan is expected to spur domestic tourism and boost consumption of overseas goods and luxury items, Wang Huiping, director of the Hainan provincial finance department, said at a news conference after the ministry announced the policy.

The updated scheme will take effect from December 1, the ministry said. This will be the fifth adjustment of the island province’s duty-free policy since the authorities started a pilot tax refund program in Hainan on Jan 1, 2011.

Starting from April 2011, visitors to the island could have tax rebates with a purchase limit of 5,000 yuan. The cap was raised to 8,000 yuan in November 2012 and 16,000 yuan in February 2016.

According to data from the provincial government, purchases of duty-free products in the province totaled 7.95 billion yuan from January to October, up 23 percent year-on-year. Duty-free sales reached 8.016 billion yuan last year, up 32 percent from 2016.

More than 12 million tourists have purchased duty-free products worth 38.5 billion yuan from April 20, 2011, to the end of October this year, the official said.




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