The Ministry of Finance and four other administrative organizations have jointly publicized a document recently called Optimization of Policies on Downtown Duty-free Shops that, to be put to effect on October 1, 2024, will apply coordinated management to the existing duty-free shops in cities. A duty-free store will be opened in eight cities including Chengdu across the country. And it will be the first duty-free shop in Chengdu.
The document has attracted wide attention among citizens in Chengdu, as they are showing interest in the location, the products sold in the shop and its target customers. Read this article to know more about the shop.
1 Who are eligible to shop at the downtown duty-free store?
The downtown duty-free store refers to the shop, approved by the State Council, that is located in downtown areas in the city selling duty-free goods to outbound travelers as stipulated by relevant administrations, with its target customers being the travelers, including but not limited to the Chinese nationals, to depart the country by air or international cruise within 60 days. Customers can make purchases in advance at the store and pick up their goods at outlets at the ports of departure before taking them to the outbound destinations.
2 What kinds of goods are sold at the downtown duty-free shop?
The merchandise at the downtown duty-free shop mainly covers a wide range of consumer goods that are easy to carry, such as foods, clothes, bags and suitcases, shoes and caps, maternal care goods, jewelry and handcraft items, electronic products, bathing and cosmetic products, wines and alcoholic drinks and so on. The shop is encouraged to sell “fashionable goods" of domestic brands that bear a strong traditional Chinese culture. According to policies, the shop puts no restrictions on the amount of purchases as long as the customer buys for self-use and the amount is within the stipulated limit of the Customs policies. In the case of the re-entry of goods purchased at such stores, the carriers must pay taxation on the purchases according to relevant regulations.
Source: HomeinChengdu
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