Search results for “Chinese duty-free”
Japan sees cooling down of shopping frenzy among Chinese tourists
05/26/2016|5:31:44 PM|
The shopping craze of China’s visitors in Japan appears to be cooling, as the duty-free shopping spend by mainland visitors decreased by 9.3% while arrivals from China skyrocketed 50% in the first four months of this year.
CITS net income grows 2.42% in 2015
04/27/2016|7:54:06 AM|
CITS posted 6.8% revenue increase to RMB 21.292 billion for 2015, and net profit attributable to shareholders of parent company was RMB 1.506 billion, up by 2.42%
Chinese travelers spend 48% more in South Korea in Q1
04/17/2016|9:14:13 AM|
Chinese tourists spent 48% more in shopping at South Korea’s Lotte Department Store from January 1 to April 11 this year, which was nearly 50% more than the first quarter of 2015 before the MERS outbreak
Chinese tourist arrivals to US surge 53% in 2015
04/12/2016|8:13:32 AM|
Chinese tourist traffic to US grew by 53% YoY in 2015, after the US government extended the validity of multiple entry visas for Chinese visitors to 10 years in 2014
Chinese Premier vows to embrace a new era of mass tourism
03/07/2016|6:31:47 AM|
Chinese Premier Li Keqiang said the government would cut import tariffs on some consumer goods and increase the number of duty-free stores to ensure people can afford their paid vacations, strengthen the development of tourist and transport facilities, scenic spots and tourist sites, and recreational vehicle parks.
6 million Chinese tourists spend RMB 90 billion overseas for New Year Holiday
02/16/2016|8:43:43 AM|
A record 6 million Chinese travelers traveled overseas during the Spring Festival holidays, spending RMB 90 billion in their travel, as China remains the world’s largest source market for outbound travel spending for three years.
Chinese tourists spend an average of RMB16,000 per person in Japan in 2015
01/20/2016|4:09:33 PM|
Chinese visitors were the top spenders in Japan, spending an avg RMB16,000 per person in comparison to avg RMB5,590 per person from visitors of other nationalities.
Outbound shopping may slow as China lowers tariffs in January
12/15/2015|11:14:12 PM|
China's Ministry of Finance has announced the lowering the tariffs for 27 types of luxury goods and daily necessities bought overseas, effective January 1, 2016.
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