Search results for “duty-free”
Hainan records US$2.2 billion in sales during 4 year duty free policy
05/08/2015|10:59:15 AM|
Duty free stores in Sanya and Haikou have accumulated total sales of RMB13.474 billion in the past four years of a duty free policy.
HKCTS vows to avoid horizontal competition with CITS
10/02/2016|11:15:44 AM|
CTS Group, a new company formed of the HKCTS-CITS merger, announced in a recent commitment letter that it plans to avoid horizontal competition with its fully-own subsidiary CITS.
Air China partners Beijing tax bureau to promote awareness of the capital’s tax rebate policy
10/22/2015|6:38:17 PM|
Air China has joined hands with the Beijing Administration for Taxation to publicize the city’s departure tax rebate policy launched since July 1.
Hainan relaxes duty free shopping quota
03/23/2015|9:39:16 AM|
Travelers departing Hainan can now leave with a maximum of RMB8,000 worth of duty free purchases, up from RMB5,000 per person per trip.
Chinese duty-free shoppers still world’s top spenders
02/15/2015|11:40:35 AM|
Chinese shoppers were the biggest spenders in global duty-free shopping expenditure for the seventh year in a row.
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.
CITS net income grows 2.42% in 2015
04/27/2016|7:54:06 AM|
CITS posted 6.8% revenue increase to RMB 21.292 billion for 2015, and net profit attributable to shareholders of parent company was RMB 1.506 billion, up by 2.42%
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
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