$14,000 Hainan Duty Free allowance begins from July 1st

$14,000 Hainan Duty Free allowance begins from July 1st

Chinese travelers can avail themselves of a new upper limit of RMB 100,000 ($14,140) in off-shore duty-free shopping from July 1st in Hainan Island. The new allowance is part of the overall master plan from the central government to develop the entire Island into a Free Trade Port by 2025.

The decision to increase the limit from RMB30,000 ($4,240) China was first announced a month ago, and the implementation was sanctioned by the Chinese Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation.

Related article: First ship registered at Yangpu heading for Brazil

Tropicalhainan.com launched it’s official mini programme and WeChat account, scan the Qr code to keep up to date with news, sports, entertainment, travel, opinion and more.

Mini programme ad for middle of articles
Tropicalhainan Free Trade Zone Business Services partners

Follow us on social media