![Customers visit Global Premium Duty Free Plaza in Haikou, Hainan Province, Jan. 31, 2021 [Xinhua-Guo Cheng]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/02/Customers-visit-Global-Premium-Duty-Free-Plaza-in-Haikou-Hainan-Province-Jan.-31-2021.jpg?resize=525%2C475&ssl=1)
Two new offshore duty-free shops opened on Sunday in Haikou, capital of south China’s island province of Hainan, raising the number of duty-free shops in the province to nine. The nine shops, run by five entities, bring a pattern of differentiated competition to the duty-free market, which will be a great boost to the building of Hainan into an international tourism and consumption destination. Continue reading “Economic Watch: China’s resort island opens two more duty-free shops”
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