Hainan Island has introduced a new tax-free policy, which will certainly bring convenience to consumers.

The duty-free policy of Hainan Island is aimed at tourists visiting Hainan Island, which means that the annual duty-free shopping quota of each passenger visiting Hainan Island has been raised from 31,111 yuan to 111,111 yuan. This is very attractive to people who like to travel to Hainan Island. At the same time, from the perspective of Hainan Island's policy, it has many functions, such as attracting consumers to spend a lot, activating consumption, upgrading the market, and spending levels. This kind of government policy is to promote the economic development of Hainan Island. This year, due to the impact of the epidemic, the economy has been hit hard, especially for many places in Hainan Island, and tourism is a very heavy loss during the epidemic.

1. The tax-free quota is raised from 31,111 yuan to 111,111 yuan.

The latest duty-free policy in Hainan Island proposes that the duty-free shopping quota for each passenger visiting Hainan Island will be raised from 31,111 yuan to 111,111 yuan, which is very attractive to passengers who often travel to Hainan Island. If you don't sleep when you buy things from Hainan Island, you will buy more and more things yourself, because we know that you have to pay certain taxes if you go to Hainan Island to buy things. In the past, you had to pay certain taxes if you exceeded 31,111 yuan, but now it has been upgraded.

second, the reason why the government does this is to enliven the consumer market and improve the overall economy of Hainan Island.

during the epidemic period, the economy of all parts of the country has been hit hard. In order to activate market consumption and guide people to spend a lot, we must constantly make these policies to attract tourists, including the tax exemption policy. When the tax exemption policy comes out, many people will definitely travel to Hainan Island, and they will spend money during their travel in Hainan Island. If they spend money, they will bring a better economy to Hainan Island. Therefore, this policy is to attract consumers to return, activate the consumer market and enhance residents.

thirdly, the duty-free industry has advantages in developing international trade.

Hainan Island, as an island, also attracts many foreign tourists. For this tax-free industry, it is advantageous to develop international trade. Many people will come to Hainan Island and buy some things that can be sold abroad. And if they don't need to pay taxes, they don't have to pay taxes on things that are less than one million yuan at a time. This way, they can sell more locally and burn more, which is really advantageous for international trade.