Duty-free shopping

Product

Last mentioned: Mar 24, 2026

Timeline

  1. FTP Implementation

    Full rollout of 15% tax rates and 100k yuan duty-free quotas to attract global investment.

  2. Customs Separation

    Hainan officially becomes a separate customs territory from the mainland.

  3. Strategic Shift

    Property-driven momentum fades; focus shifts to professional and academic partnerships.

  4. Property Boom

    Rapid construction and rising property values reshape Haikou's skyline.

Stories mentioning Duty-free shopping 1

regulation Bullish

Hainan’s Free-Trade Pivot: New Customs Rules Signal Economic Sea Change

China's Hainan province has officially transitioned into a separate customs territory, exempting 74% of imports from tariffs to pivot away from property speculation. The regulatory overhaul includes significant tax cuts and expanded duty-free quotas aimed at attracting global professionals and diversified investment.

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