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Where was China's first duty-free store? The benefits of duty-free stores in the city
There may be more concern about duty free stores. After all, it is a matter of money bags. As we all know, shopping in a duty free store is much cheaper than other places, but there is no duty free store in China. Now there is information about the first duty-free store in China. Do you want to know?

Where

At present, Beijing is actively promoting the first duty-free store in Chaoyang District, mainly for inbound tourists, and further extend the duty-free store spatially to the downtown area with the same price as the airport. In the future, overseas tourists will be able to purchase duty-free goods while traveling in Beijing. In the future, Beijing's duty-free stores will be superior to those at airports in terms of spatial layout, volume, and variety of goods, and then some domestic products will be included in duty-free sales.

The number of visitors to Beijing has continued to rise in the year. From January to June alone, the number of inbound tourists was 1.93 million, up 3.4 percent year-on-year, and the revenue from inbound tourism was US$2.5 billion, up 5.6 percent year-on-year. For the year as a whole, the number of inbound tourists received by Beijing increased to more than 1 million. For information on duty-free stores, China Duty Free (Group) Ltd. is currently communicating with Chaoyang District to coordinate the exact location of duty-free stores across the city. Beijing's airport space is relatively limited, and the amount and variety of merchandise available at duty-free stores within the airport is restricted. The city's duty-free stores will not only expand and optimize in this area, but will also have relatively higher accessibility. When Beijing Duty Free opens, it will probably adopt the same operation model of in-town purchase and airport pickup as other places.

In-city duty-free store vs. in-outfit duty-free shop

Many friends may say, how is this the first duty-free store in China? Aren't there many in Beijing? As a matter of fact, there are already some stores in Beijing that have put up the signboard of "duty free store", such as the duty free store on Huixin East Street in Chaoyang District. Established in the 1980s, this store is a duty-free store for Chinese and foreign employees, a franchise dedicated to providing duty-free foreign exchange goods to Chinese overseas citizens. It is mainly affiliated with the China Overseas Personnel Service Corporation. The business scope covers imported watches, cosmetics, food, and high-grade gifts. According to the regulations, as long as you are still within 180 days of your exit and return to China, you can purchase duty-free foreign exchange goods at the store with your passport. One of the biggest differences between the duty-free stores in this city bookstore is that they still face different consumer groups. The city duty-free store mainly serves foreign tourists coming to Beijing, within the bookstore duty-free store mainly for returning Chinese citizens to provide duty-free goods, duty-free store scale is larger than the inner city data.

If the country's first inner-city duty-free store can be successfully established, it will break the existing pattern of duty-free market in China, and change the situation that for a long time inbound tourists from most parts of China can only buy duty-free commodities at the airport in a hurry and in small quantities. In addition to Hainan's special policy, the establishment of Beijing Duty Free Shop proves that duty free stores do not necessarily have to be located in airports, and the system and model can be used as a reference template for other districts to open similar stores. Based on foreign experience, the city's duty-free stores may become a more important sales channel for domestic brands and Beijing-branded goods, such as cultural and creative products from the Forbidden City, but will also set corresponding shopping limits.

Currently, domestic companies with duty-free business licenses include China Duty Free, Shanghai Duty Free, Zhuhai Duty Free, Shenzhen Duty Free, China Export Service and Overseas Chinese Duty Free. In addition to Hainan island duty-free stores, the domestic duty-free business is mainly distributed in airports around the world.