hainan island
CDFG’s President Underlines the Potential of Hainan Island Travel Retail Market
China Duty Free Group (CDFG) President Charles Chen underlined the vast potential of the Hainan Island travel retail market. Read More
US-Listed Chinese Companies Say “Bye Bye” To US Exchanges As Hong Kong Relisting Accelerates
Asian equities had a good day as investors cheered the lack of actionable items coming out of US-China political rhetoric, though concerns capped gains. Read More
Hainan’s Duty-Free Shops: Luxury Retail’s Newest ‘Battleground’
Chinese vacationers in search of both sun and shopping have made Hainan's tax-free shopping program a major success. Read More
Hainan Island Raises Duty-Free Limits To Spur Luxury Consumption
18 months after the launch of a pilot duty-free program aimed at boosting high-end shopping among mainland Chinese tourists, this month customs authorities are set to raise the duty-free allowance… Read More
Targeting Local Globetrotters, Kunming Launches Pilot Duty-Free Program
Following a three-month trial run, this weekend Kunming, capital city of southwest China's Yunnan province, launched its first duty-free store. Read More-
Caesars Palace Longmu Bay Breaks Ground In Hainan, Group’s First Asian Resort
The 3 billion yuan (US$473 million) Caesars Palace Longmu Bay will form the centerpiece of a massive, five square kilometer tourism development worth some 36 billion yuan ($5.7 billion). Read More
