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Sanya Boosts Tourism and Consumption as First China International Consumer Products Expo Held in Hainan

SANYA, China, May 8, 2021 /PRNewswire/ --A As the first China International Consumer Products Expo ("CICPE" or "Hainan Expo") kicks off in Hainan, Sanya, located on the southern tip of Hainan Island, also one of the most popular destinations in China, is making a splash as attendees from various provinces and cities flock to the island. The Sanya Tourism Promotion Board has readied itself to introduce a reinvigorated New Sanya backed by the Hainan Free Trade Port construction plan.
Sanya Boosts Tourism and Consumption as First China International Consumer Products Expo Held in Hainan
Taking place in Haikoubetween May 7 and 10, the Hainan ExpoA plays a pivotal role in the development of Hainan Island as an international tourism and consumption center and establishes a platform for the promotion and trade of international consumer products. With a number of innovative mechanisms to enrich the environment for tourism and consumption, Sanya has shown its commitment to turning the city into a destination of both tropical island vacations and duty-free shopping. Since China's first duty-free store landed in Sanya on April 20, 2011, Sanya has contributed about 77% of the province's off-island duty-free sales in the past decade (as of the first quarter of 2021). In the middle of last year, the island province introduced a new tax-free policy that increased the quota to RMB 100,000 and diversified the types of tax-free products on offer, which has set off a boom in duty-free shopping in Sanya. In a bid to cultivate tourism by meeting the needs of more business and leisure travelers, Sanya has quadrupled its duty-free shops from one to four with the opening of Hainan Tourism Duty Free Shopping ComplexA ("HTDF Shopping Mall"), CNSC Sanya International Duty Free Plaza ("CNSC Mall") as well as Sanya Phoenix International Airport duty-free store, and doubled its operating entities. With the generous duty-free shopping quota and a plethora of choices for consumers, the city is diversifying its duty-free business.
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