Empirical Analysis of the Effectiveness of Hainan’s Offshore Duty-free New Policy

Boen Zhu, Ruiying Li

2022

Abstract

Since the further relaxation of the offshore duty-free policy in 2020, the consumption of Hainan’s offshore duty-free shopping has grown rapidly. This paper sorts out the six adjustments of the offshore duty-free policy in Hainan. Based on the relative data of Hainan’s offshore duty-free shopping from February 2017 to September 2020, this paper empirically examines the effect of Hainan’s offshore duty-free new policy. Results show that the offshore duty-free new policy has greatly enhanced all the indicators of offshore duty-free shopping in Hainan. Nevertheless, this policy still needs further improvement at this stage, relative suggestions has been proposed in the end.

Paper Citation

in Harvard Style

Zhu B. and Li R. (2022). Empirical Analysis of the Effectiveness of Hainan’s Offshore Duty-free New Policy. In Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM, ISBN 978-989-758-593-7, pages 325-329. DOI: 10.5220/0011176700003440

in Bibtex Style

@conference{bdedm22,
author={Boen Zhu and Ruiying Li},
title={Empirical Analysis of the Effectiveness of Hainan’s Offshore Duty-free New Policy},
booktitle={Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,},
year={2022},
pages={325-329},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011176700003440},
isbn={978-989-758-593-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,
TI - Empirical Analysis of the Effectiveness of Hainan’s Offshore Duty-free New Policy
SN - 978-989-758-593-7
AU - Zhu B.
AU - Li R.
PY - 2022
SP - 325
EP - 329
DO - 10.5220/0011176700003440