# customs
Latest news and articles about customs
Total: 3 articles found

China Opens Hainan to Duty‑Free In‑Island Shopping — But Limits and Controls Come First
China’s finance, customs and tax authorities have authorised a zero‑tariff scheme for qualifying imported goods bought by residents inside Hainan Free Trade Port, exempting customs duties, VAT and consumption tax within a positive list and an annual per‑person cap of RMB 10,000. The policy applies to Hainan residents and foreign residents with permits, requires purchases at designated duty‑free shops, forbids resale, and places anti‑smuggling responsibilities with the Hainan government.

Hainan’s Duty‑Free Boom: Early Gains, New Shoppers and the Test of Durability
Hainan’s full‑island customs regime and a November 2025 duty‑free policy revision have catalysed a surge in sales and reshaped the island’s retail model by turning local residents into repeat duty‑free shoppers. Early figures are robust, but executives and analysts caution that the holiday‑period boost, heavy promotions and enforcement challenges mean the sector must improve assortment, service and inbound tourism to sustain growth.

Hainan’s Duty‑Free Boom: Tourists Flood In, iPhones and Gold Fly Off Shelves in First Month of 'Sealed‑Port' Experiment
In the first month after Hainan implemented an island‑wide sealed‑port customs regime, duty‑free retail and tourism surged: RMB 4.86 billion in sales, sharp rises in hotel and flight bookings, and shortages in popular items such as gold jewellery and iPhones. Policy changes — expanded zero‑tariff lists, visa easing for Russian tourists, and consumer vouchers — have driven a rapid reorientation of demand, while customs digitalisation eased throughput and regulators warned of resale and fraud risks.