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China’s first tax-free store at cruise arrivals to open in Shanghai

China’s first tax-free store at cruise arrivals to open in Shanghai

Megha Paul

- August 12, 2019

China will ramp up its policy support for Shanghai, the nation’s first pilot zone for cruise tourism, to attract more international partners and visitors. The eastern city’s cruise port will kick off China’s first duty-free store that is open for people entering the country.

The Ministry of Culture and Tourism gave the green light to the city to deepen collaboration with foreign firms to expand the tourism sector in the region. The 1,700-square metre tax-free store will be opened during the second China International Import Expo in November.

Global cruise companies such as US Carnival, Royal Caribbean International, Norwegian Cruise Line, Swiss Mediterranean Shipping and Malaysia’s Genting Group already operate cruises that depart from Shanghai. The turnover of tax-free shops at the Shanghai Port International Cruise Terminal reached about CNY120 million (USD17.1 million) each year in the past two years.

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China’s first tax-free store at cruise arrivals to open in Shanghai

Megha Paul

- August 12, 2019

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