1 of 1
Story summary
- A new customs scheme in Hainan spurred a surge in duty-free sales, with Sanya reporting over 500 million yuan (US$71.25 million) in five days.
- From December 18 to 22, Sanya's duty-free sales reached 535 million yuan, a year-on-year rise of more than 50%.
- Analysts say the spike shows an immediate spending boost, but the core challenge is diversifying Hainan's economy beyond real estate.
