On September 7th, CBN reporter learned from several authoritative sources that Hainan will add a fourth market entity with the qualification of duty-free goods for Hainan Island, and the results are expected to be announced in the near future. At present, many enterprises participate in the competition.
"Hainan is becoming a global paradise for duty-free shopping. International giants, including duty-free goods management group and luxury brands, are in contact with us, hoping to deploy in China. Some want to put the China headquarters in Hainan, and some want to transfer the Asia-Pacific headquarters to Hainan. " On September 7, Han Shengjian, director of Hainan International Economic Development Bureau, said at a public meeting on the theme of supply chain held in Sanya, Hainan.
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Previously reported:
A month ago, at the press conference held on August 19 on the implementation effect of Hainan's new policy of duty-free shopping on outlying islands and the promotion of related work, Chen, director of the Hainan Provincial Department of Commerce, said that after comprehensive consideration, the Hainan Provincial People's Government had officially approved two enterprises in Hainan to enjoy the qualification of operating duty-free goods on outlying islands, and had reported it to the Ministry of Finance and other departments for the record.
These two enterprises are Hainan Tourism Investment Duty Free Co., Ltd., a wholly-owned subsidiary of Hainan Tourism Investment Development Co., Ltd., and Hainan Development Trading Co., Ltd., a wholly-owned subsidiary of Hainan Development Holdings Co., Ltd. ..
China Net-Hainan will add the fourth tax-free license for outlying islands.
Wang Shun-Hainan will increase the fourth tax-free license for outlying islands, and many enterprises will participate in the competition.