China's 19 Additional Duty Free Shops Make Buying And Buying More Crazier.

With the approval of the State Council, China will add 19 port duty free shops in Guangzhou, Hangzhou and Shenzhen.

The Ministry of finance, the Ministry of Commerce, the General Administration of customs, the State Administration of Taxation and the National Tourism Administration jointly issued the Interim Measures for the management of port entry duty free shops. In order to satisfy domestic consumption demand, enrich domestic consumers' shopping choices and facilitate domestic consumers to buy foreign products in the territory, the State Council approved the decision to increase and restore port entry duty free shops since February 18th, reasonably expand the tax-free varieties and increase a certain amount of tax-free shopping volume.

Specifically, this will be in Guangzhou Baiyun, Hangzhou, Xiaoshan, Chengdu Shuangliu, Liuting Nanjing, Shenzhen Baoan, Kunming Changshui, Kunming Jiangbei, Binhai, zhexiuzi, Takashi, komai and wo Di Wo fort and other airport ports. There are 1 Port duty free shops at Fukuda, Huanggang, Sha Tau Kok, Wen Kam Du port, zhutukou port, and port ports.

The announcement also said that on the basis of maintaining the 5000 yuan tax exemption quota of residents' entry articles, it allowed them to increase the amount of tax-free shopping at the duty free shops at the port, and the total amount of duty free shopping together with overseas items should not exceed 8000 yuan.

Since 2014, the growth rate of domestic consumption demand has slowed down, but at the same time, overseas consumption has been rising and growing rapidly.

Last year, the consumption of tourists outside China was 1 trillion and 200 billion.

Zhao Ping, a researcher at the China Council for the promotion of trade promotion (CCPIT), said in an interview with CCTV that after the implementation of the policy, there will be a significant effect in attracting consumption reflux.

However, Liu Simin, vice president of the China future research association Tourism Branch, believes that China's duty-free shops at present do not fundamentally solve the problem of price difference. Compared with foreign countries, the price advantage is not obvious.

According to the regulations, the duty free shops at the port

At the same time, the following conditions must be met: entry passengers shall purchase valid documents for entry and exit and certificates of public pport, and those who do not travel by public pport shall purchase valid documents for entry and exit.

Entry and exit valid documents refer to passports, Hong Kong and Macao pass or Taiwan pass.

Purchase vouchers should be obtained according to the regulations.

Judging from the shopping process, it is announced that the entry passengers will be brought into the country after they are shopping in the duty free shops at the port.

At the same port, there are both exit duty free shops and entry.

If the incoming travellers make reservations in the duty-free shops at the exit duty, they are deemed to be shopping in the duty-free shops at the port.

Zhao Ping believes that the number of imported duty-free shops is also necessary to constantly sum up experience after the current exploration stage and further expand the total amount.

With the increase of residents' income level and the change of consumers' shopping demand, the maximum tax exemption limit should be adjusted appropriately.

From the perspective of duty-free shops, it is also necessary to determine the final size of duty-free shops based on the basic conditions and purchasing power of the entry and exit ports in the future.