Shopping Booms in Hainan During China's National Day Golden Week
News source:hiHainan / By Li Xiang / 10 09,2020 16:55:00 / others

The Department of Commerce of Hainan Province published figures on Oct. 8th showing that shopping boomed in Hainan during the China National Day Golden Week this year, with duty-free shopping, festival activities, and Hainan specialty food providing highlights. From Oct. 1th to 7th, retail sales of merchandise totaled 5.378 billion yuan, an increase of 12.51% over the same period last year.

(Hainan Daily)

(Hainan Daily)
Efforts to boost spending have yielded notable results. During the Golden Week holiday, Haikou has held several exhibitions to drive spending, including the 2020 China International Consumer Products Expo (Hainan Expo) and the 12th Haikou Auto Trade Fair in 2020. It also took advantage of the Island Departure Duty-Free Shopping Policy to hold themed activities including the "CTG Duty-Free Hainan Island Departure Duty-Free Shopping Year-end Festival" to activate shoppers purchase potential. Sanya actively promoted duty-free shopping by holding "Watches & Wonders", a luxury high-end watch exhibition, as well as several other activities. Danzhou, located on Hainan’s West Coast, organized several festival activities to enrich the holiday life of residents and visitors alike.

Hainan's island departure duty-free spending has increased significantly, making duty-free shopping tours a highlight of Hainan's Free Trade Port construction. During the National Day Golden Week, Hainan island departure duty-free shopping played a major role in attracting shoppers, with perfume, cosmetics, jewelry, watches, and other duty-free goods proving popular. Island departure duty-free shopping sales reached 1.04 billion yuan from Oct. 1st to 8th this year.

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