1989 - 2018 29 years in business Monday, 10th December 2018

China To Open More Duty-Free Stores


Dear Clients, 
 

China’s State Council executive meeting on November 11, presided over by Premier Li Keqiang, decided to introduce measures to boost domestic consumption, including the opening of more duty-free stores at points of entry into the country.
 

Noting that Chinese individuals travelling abroad are beginning to purchase day-to-day products, and not only luxury items, the Government decided that more duty-free stores should be opened to encourage the import of ordinary consumer goods.
 

There were no further details of whether there would be a higher individual purchasing cap. Nor did the Council indicate how many shops would be opened.
 

Should you require any further clarification, please do not hesitate to contact us at:
info@cardwell-capital.com

 

Kind Regards

Cardwell Advisory Desk
 

rsz_1images

This entry was posted in News & Publications. Bookmark the permalink.

Comments are closed.