Hainan to see duty-free sales expand

Customers shopping at the cdf mall in Sanya, a coastal city at the southern tip of Hainan Island. [Photo by Zuo Jianan/chinadaily.com.cn]

To be sponsored by the Ministry of Commerce and the Hainan provincial government, the event was included in the master plan for the construction of the Hainan free trade port released by the central government in June. It aims to build Hainan, which is about 32 times the size of Hong Kong, into a globally influential, high-level, free trade port by the middle of the century.

Imports and sales of foreign commodities for the expo will be exempt from duties.