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Hainan’s offshore duty-free sales hit 547 mln yuan during May Day holiday

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Hainan’s offshore duty-free sales hit 547 mln yuan during May Day holiday

2024-05-07 17:54 Last Updated At:05-08 13:16

The offshore duty-free sales in China's southern island province of Hainan reached 547 million yuan (about 77.22 million U.S. dollars) during the five-day May Day holiday that ended Sunday, according to local customs.

The customs in Haikou, capital city of Hainan, oversaw a total of 85,800 offshore duty-free shopping deals during the holiday, each valuing an average of 6,378 yuan (about 900 U.S. dollars), data showed.

China released a master plan in June 2020 to build Hainan, a renowned tourist destination, into a globally influential and high-level free-trade port by the middle of the century.

The island province now has 12 offshore duty-free stores.

The customs has taken measures to ensure that offshore duty-free products are inspected and unloaded immediately after their arrivals at ports throughout the island, so as to help the stores bring popular duty-free products faster to shelves during the shopping boom.

Hainan’s offshore duty-free sales hit 547 mln yuan during May Day holiday

Hainan’s offshore duty-free sales hit 547 mln yuan during May Day holiday

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China's cement industry accelerates digital, green transformation

2024-05-19 15:42 Last Updated At:16:07

China's cement industry is accelerating its transformation to digitalization and green manufacturing, keeping pace with the country's drive to achieve carbon reduction goals.

China released a plan on ultra-low emissions in cement production to reduce pollutant emissions in January this year. The plan requires half of cement clinker production capacity in the country's key regions for air pollution control to complete ultra-low emission transformation by the end of 2025, and 80 percent of China's overall cement clinker production capacity to finish the transformation the end of 2028.

It marks the ultra-low emission transformation in another traditional industry after coal-fired power plants and the steel industry in China.

"As of 2023, 274 cement factories and 125 cement mines had been listed by the Ministry of Industry and Information Technology as green manufacturers. In the future, cement enterprises will build more green factories and apply more green mining approaches to contribute to the green and low-carbon development of the cement industry." said Kong Xiangzhong, executive president of the China Cement Association.

China's cement production totalled 2.023 billion tons in 2023, ranking first in the world for 38 consecutive years, according to insiders at the World Cement Association Annual Conference 2024 that opened in Nanjing of east China on Saturday.

China's cement output accounted for more than 50 percent of global cement production and the cement sector discharged over 1.2 billion tons of carbon dioxide in 2023.

China's cement industry accelerates digital, green transformation

China's cement industry accelerates digital, green transformation

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