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Travel Retail and the New Destination of Hainan

Webinar organisers: The Italian Chamber of Commerce in Hong Kong & Macao, KPMG, Retail in Asia

Organisers: The Italian Chamber of Commerce in Hong Kong & Macao, KPMG, Retail in Asia

Hainan

Image source: icc.org.hk

17:00 – 18:00, 15 October 2020

The Hainan province's offshore duty free shopping policy, implemented on July 1st 2020 as a result of China's Free Trade Port development on the island, has strengthened the travel retail shopping industry in China.

With the introduction of such policies, Hainan may represent a new major destination for local and international tourism and shopping.

Chinese consumers are responding to such policy with vigour, flocking to Hainan and soaring duty-free sales to an increase of sales of 250%.

Will Hainan become a globally-significant free trade port for travel retail in the years to come? Will this provide new access and opportunities for businesses that will emerge from this development?

For more information and registration, please visit this website: icc.org.hk

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