Editing Hainan (section)

===Duty-free program===
On 20 April 2011, a pilot [[duty-free]] program commenced with the aim of increasing [[Luxury goods of China|luxury goods]] purchases. It permits domestic Chinese visitors to claim tax refunds on imported luxury items purchased within the province. The maximum value is set at 5,000 yuan (US$762), with lowered tax rates on purchases over 5,000 yuan.<ref>{{cite web |url=http://www.jingdaily.com/hainan-island-set-to-launch-duty-free-luxury-shopping-program-in-sanya/8889/ |title=The Business of Luxury and Culture in China |publisher=Jing Daily |date=18 April 2011 |access-date=25 January 2013 |archive-date=21 September 2020 |archive-url=https://web.archive.org/web/20200921165153/https://jingdaily.com/hainan-island-set-to-launch-duty-free-luxury-shopping-program-in-sanya/8889/ }}</ref> In October 2012, duty limits were raised to 8,000 yuan ($1,273), and became available to both domestic and international tourists.<ref>{{cite web |url=http://www.jingdaily.com/hainan-island-raises-duty-free-limits-to-spur-luxury-consumption/21280/ |title=The Business of Luxury and Culture in China |publisher=Jing Daily |date=2 October 2012 |access-date=25 January 2013 |archive-date=7 August 2020 |archive-url=https://web.archive.org/web/20200807190248/https://jingdaily.com/hainan-island-raises-duty-free-limits-to-spur-luxury-consumption/21280/ }}</ref>

The total sales of duty-free products for 2012 was 2.4 billion yuan.<ref>{{cite web |author=((F_221)) |url=http://english.peopledaily.com.cn/90778/8104476.html |title=Hainan tax rebate attracts 1.6 million tourists for shopping – People's Daily Online |publisher=English.peopledaily.com.cn |access-date=25 January 2013 |archive-date=24 May 2013 |archive-url=https://web.archive.org/web/20130524090411/http://english.peopledaily.com.cn/90778/8104476.html |url-status=live }}</ref>

The world's largest duty-free shopping complex is scheduled to open in [[Haitang Bay]] in August 2014.<ref>{{cite web|url=http://www.chinadaily.com.cn/business/2013-03/18/content_16315603.htm|title=HK, Jeju and Okinawa, now Hainan! – Business – Chinadaily.com.cn|last=李齐|website=www.chinadaily.com.cn|access-date=18 March 2013|archive-date=26 January 2021|archive-url=https://web.archive.org/web/20210126105927/http://www.chinadaily.com.cn/business/2013-03/18/content_16315603.htm|url-status=live}}</ref>

During 2018 Spring Festival, Hainan recorded a 25% increase in duty-free revenue, with 450 million yuan ($71 million) in sales. The two duty-free shops, located in Sanya and Haikou, received about 99,000 customers, a 32% gain.<ref>{{cite web|url=http://en.hainan.gov.cn/englishgov/News/201803/t20180320_2583960.html|title=People's Government of HaiNan Province|website=en.hainan.gov.cn}}{{Dead link|date=August 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

During 2018, the two duty-free shops had sales of more than 10 billion RMB and received 2.88 million customers.<ref name="ReferenceA"/>