Located in the Aquarius at Riyue Square in Haikou, the second phase of the Global Duty-Free (GDF) Plaza project opened on Aug 30.
The second phase of the Global Duty-Free (GDF) Plaza project will open in late August, a representative from Hainan Development Holdings announced on Aug 15.
Offshore duty-free sales in Hainan province hit 45.5 billion yuan ($7.11 billion) during June 1 of 2020 to May 31 of 2021, a surge of 236 percent from a year earlier, the chinanews.com reported on Monday.
China's enhancement of offshore duty-free shopping policies has boosted the growth of local tourism consumption and trade in South China's Hainan province and promoted the construction of the Hainan international tourism consumption center, said officials with the provincial government.
With a total construction area of some 39,000 square meters, Global Boutique Haikou Duty-Free City (GDF Plaza) is located in the Aquarius Building (1-3 F) and the Capricorn Building (1-2 F) in Haikou's Mova Plaza. The first phase opening saw some 3,000 sqm opened in the Capricorn Building, featuring key categories such as perfume & cosmetics, wine & spirits, and consumer technology, sunglasses, watches, and other items.
The Times DF Haikou Mission Hills Centreville Duty-Free City opened on Jan 31 in the Hainan provincial capital of Haikou.
To boost the development of the Hainan Free Trade Port and build Hainan into an international tourism consumption center, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued a statement on Feb 2 announcing that new duty-free shopping methods are to be introduced in Hainan.
Overview
Haikou 
Sanya 
