[Source: Sanya News Network] Sanya News Network reported on July 3 (Sanya Media Integrated Media Reporter Li Shaoyun) In the two years since the new tax-free policy on outlying islands was implemented, Hainan’s outlying island duty-free market has flourished and has played a sign

2024/05/1613:35:33 finance 1888

[Source: Sanya News Network]

Sanya News Network reported on July 3 (Sanya Media Integrated Media Reporter Li Shaoyun) In the two years since the new tax-free policy on outlying islands was implemented, Hainan’s outlying island duty-free market has flourished, and its effect in attracting consumption back is obvious. In the sluggish global consumer market Under such circumstances, it will drive the continued growth of the duty-free consumer market in Sanya and even the country, becoming Hainan's "ace product" in building an international tourism consumption center. According to statistics from Sanya Customs, in the two years since the implementation of the new duty-free policy on outlying islands, Sanya's outlying island duty-free sales amounted to 66.6 billion yuan, a year-on-year increase of 248%, the number of sales items was 120 million, a year-on-year increase of 383%, and the number of shopping tourists exceeded 7.3 million, a year-on-year increase of 96%. Among them, the shopping amount accounts for about 70% of the province's total.

[Source: Sanya News Network] Sanya News Network reported on July 3 (Sanya Media Integrated Media Reporter Li Shaoyun) In the two years since the new tax-free policy on outlying islands was implemented, Hainan’s outlying island duty-free market has flourished and has played a sign - DayDayNews

Recently, there has been an endless stream of tourists purchasing duty-free goods at Sanya International Duty Free City . Photo by reporter Chen Congcong

"I chose to have my shopping delivered directly to my home. Compared with the past, it was much more convenient to queue up at the airport to pick up the goods." On July 1, Ms. Chen, who was shopping at Sanya International Duty Free City, said. The pickup methods of "mail delivery to passengers on outlying islands" and "return to the island for pick-up by residents on the island" are one of the important measures to serve the implementation of the new duty-free policy on outlying islands. The convenient pickup mode has greatly improved the shopping experience of passengers.

In order to further expand the policy effect, Sanya Customs continues to optimize the supervision model and supervision process, making delivery more efficient without increasing labor costs. At the same time, it focuses on key links such as "personal identification verification" and "payment information verification" to effectively reduce the smuggling risks of "package purchasing" for offshore duty-free islands. As of June 2022, Sanya's offshore island duty-free enterprises have completed a total of approximately 5.4 billion in duty-free goods delivered by mail to passengers on offshore islands. Yuan, and the amount of duty-free goods deposited and returned to the island for residents on the island was about 340 million yuan.

"After the customs reformed the supervision model, it only takes half a day for imported duty-free goods to arrive in storage and be put on the shelves for sale." said Geng Xing, logistics director of Sanya City Duty Free Shop Co., Ltd. of China Duty Free Group. In order to ensure that popular duty-free products on outlying islands can be put on the shelves for sale as soon as possible, Sanya Customs has fully implemented a series of measures to promote the stability and improvement of foreign trade, focusing on smart supervision, relying on intelligent technical means such as supervision systems and video surveillance, and proposed intelligent document review, integrity Reform measures such as supervision and paperless operations have increased document review efficiency and corporate operation efficiency by 5 times and 1 times respectively. At the same time, support was given to the opening of new supervised warehouses for two outlying island duty-free shops in the jurisdiction.

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