One year since the implementation of Hainan's new island-exemption tax policy, shopping sales exceeded 30 billion yuan
2026-11-06 15:14:42
According to CoinMeta, the new duty-free policy for Hainan Island has been smoothly implemented for one year since its tenth optimization and adjustment on November 1, 2025. According to statistics from Haikou Customs, from November 2025 to October 2026, the amount of duty-free shopping on the island reached 33.45 billion yuan, with 4.879 million people making purchases and 27.644 million items bought, representing year-on-year increases of 13.8%, 8.6%, and 2.4% respectively. The number of categories has expanded from 45 to 47, and six types of domestic goods are now eligible for duty-free treatment. Local residents who purchased goods on the island and picked them up immediately spent 410 million yuan, while outbound travelers made 24,000 purchases totaling 160 million yuan. Haikou Customs stated that it will continue to deepen innovation in supervision and services to support the construction of Hainan as an international tourism and consumption center.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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