Bluebook Series: China’s Duty-free Retail Development Report

19 June 2022

As one of the three key drivers of economic growth, consumption remains the biggest contributor to China’s development. According to the 14th Five-Year Plan, the central government will promote the development of the duty-free retail as part of its plan to foster international consumption centre.

Meanwhile, restricted global travel and relaxed duty-free shopping policies in Hainan has prompted Chinese consumers to make purchases domestically, which has strongly invigorated the local duty-free retail market. With the introduction of new policies and measures, China’s duty-free market has entered a new stage of “orderly competition”, showing long-term growth potential.
This report provides an overview of China’s duty-free market, the current market landscape, policy impacts, and development trends.

The content of this report is based on Blue Book of China’s Commercial Sector (2021-2022) (in Chinese), which identifies major macro trends in China’s commercial sector, calls for further developing the circulation sector and provides a comprehensive and authoritative account of the latest trends and issues. For other reports of the Bluebook Series, please click here.