President Xi Jinping said Hainan, China’s southernmost island province, was rapidly developing into a duty-free port.
The Chinese who are unable to travel overseas due to the coronavirus pandemic can go forward for binge shopping, making the island a model for the expansion of domestic demand linked to the world economy that Xi hopes to achieve in the future.
The locals address the island as “China’s Hawaii,”, which is roughly the size of Kyushu in southwestern Japan, has beaches for swimming and surfing, but the main attraction is the Sanya International Duty-Free Shopping Complex. People rush to acquire the best deals in the complex.
China’s government has started to eliminate tariffs throughout the island and relax restrictions on foreign investment in the finance and service industries. It intends to accelerate the acceptance of foreign nationals with unique skills.