Sales from offshore duty-free shopping in south China's Hainan Province have exceeded 10.05 billion yuan (approx. 1.45 billion U.S. dollars) as of Thursday since a new, more expansive policy was implemented on Nov 1, 2025, according to statistics from Haikou Customs.
Customs officials have overseen transactions from 1.326 million shoppers, marking a significant 25.32-percent year-on-year increase in total sales value and a 1.84-percent rise in the number of shoppers. These figures highlight the strong momentum and robust vitality of Hainan's offshore duty-free consumer market.
The updated policy has been a key driver of this growth. It expanded the range of duty-free goods to 47 categories, notably allowing for the tax-free sale of six types of domestic products for the first time.
Furthermore, the policy broadened the scope of eligible shoppers. It now allows travelers who are leaving the island and departing the country to enjoy duty-free benefits. In a significant boost for local consumption, island residents with a record of leaving Hainan within a calendar year can now make unlimited "buy and pick-up" duty-free purchases throughout that year.
These enhancements have enriched travelers' shopping options and injected fresh dynamism into the consumer market.
Hainan's offshore duty-free sales surpass 10 bln yuan in one month under new policy
Hainan's offshore duty-free sales surpass 10 bln yuan in one month under new policy
China's nationwide fiscal spending totaled 28.74 trillion yuan (over 4 trillion U.S. dollars) in 2025, up one percent from a year earlier, official data showed on Friday, as authorities increased outlays for social welfare, education and sci-tech sectors while rolling out measures to shore up domestic consumption.
Data released by the Ministry of Finance of China showed spending on social security and employment rose 6.7 percent. Outlays for education, healthcare, science and technology, and energy conservation and environmental protection increased 3.2 percent, 5.7 percent, 4.8 percent and 6.1 percent, respectively, underscoring efforts to protect funding for key policy priorities.
The spending figures came as China introduced nationwide childcare subsidies in 2025, marking the first time China rolled out broad-based, universal cash payments directly to families.
Governments at all levels allocated about 100 billion yuan (near 15 billion U.S. dollars) for the program, including 90.4 billion yuan (over 13 billion U.S. dollars) from the central government. More than 30 million infants and toddlers have benefited so far, according to official data.
To help boost demand, the Finance Ministry also deployed 300 billion yuan (over 43 billion U.S. dollars) in ultra-long special treasury bonds across four batches to support consumer trade-in programs, encouraging households to replace old appliances and vehicles.
The measures have helped unlock consumption potential and speed up industrial upgrading, the ministry said.
China’s 2025 fiscal spending rises to 28.74 trln yuan
