In 2023, the offshore sales value of duty-free items in Hainan island, China reached around 43.76 billion yuan, increasing slightly from 34.9 billion yuan in the year before. Since July 2020, the local government has increased the annual tax-free shopping quota per person from 30,000 yuan to 100,000 yuan.
Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023
(in billion yuan)
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China Customs. (January 19, 2024). Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/
China Customs. "Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan)." Chart. January 19, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/
China Customs. (2024). Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/
China Customs. "Annual Offshore Duty-free Sales Value in China's Hainan Island from 2013 to 2023 (in Billion Yuan)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/
China Customs, Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/ (last visited November 21, 2024)
Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan) [Graph], China Customs, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1232678/china-duty-free-sales-value-in-hainan-island/
