Search results for “China Duty Free”
Japan sees cooling down of shopping frenzy among Chinese tourists
05/26/2016|5:31:44 PM|
The shopping craze of China’s visitors in Japan appears to be cooling, as the duty-free shopping spend by mainland visitors decreased by 9.3% while arrivals from China skyrocketed 50% in the first four months of this year.
Hainan offshore duty-free policy generates RMB 19 billion sales in five years
04/24/2016|7:58:13 AM|
Since Hainan offshore duty-free policy was implemented five years ago, duty-free stores in Sanya and Haikou have sold around 24.0678 million duty-free goods worth RMB 19.044 billion to about 6.2463 million customers
Chinese tourist arrivals to US surge 53% in 2015
04/12/2016|8:13:32 AM|
Chinese tourist traffic to US grew by 53% YoY in 2015, after the US government extended the validity of multiple entry visas for Chinese visitors to 10 years in 2014
6 million Chinese tourists spend RMB 90 billion overseas for New Year Holiday
02/16/2016|8:43:43 AM|
A record 6 million Chinese travelers traveled overseas during the Spring Festival holidays, spending RMB 90 billion in their travel, as China remains the world’s largest source market for outbound travel spending for three years.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Outbound shopping may slow as China lowers tariffs in January
12/15/2015|11:14:12 PM|
China's Ministry of Finance has announced the lowering the tariffs for 27 types of luxury goods and daily necessities bought overseas, effective January 1, 2016.
HNA eKing Technology acquires big data tech firm High Jet
12/30/2015|11:31:23 AM|
HNA eKing Technology has invested RMB38 million to acquire Guangzhou- based business intelligence service High Jet.
CITS enters JV to develop tourism retail overseas
12/18/2015|9:47:29 PM|
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
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