Customers visit Global Premium Duty Free Plaza in Haikou, south China’s Hainan Province, Jan. 31, 2021. Two new offshore duty-free shops opened on Sunday in Haikou, capital of south China’s island province of Hainan, raising the number of duty-free shops in the province to nine. (Xinhua/Guo Cheng)
The week-long Spring Festival holidays have triggered another shopping spree for the duty-free shops, as latest data from Hainan island, the “Hawaii” of southern China revealed the island’s windfall profits over the past week.
According to the Hainan commerce department, from February 11 to 17, the 7-day sales of outbound duty-free shops in Hainan exceeded 1.5 billion yuan ($231 million). Sales exceeded 280 million yuan on February 14.
The…