HK Delegates Propose Raising Duty-Free Limit to Attract Mainland Chinese Shoppers

Friday, 1 March 2024, 03:00

Hong Kong delegates have suggested increasing the duty-free shopping limit to 30,000 yuan, aiming to appeal to mainland Chinese customers. This proposal comes as a potential game-changer after the limit has remained at 5,000 yuan for nearly thirty years. The adjustment aims to boost cross-border retail spending and enhance economic ties between regions.

https://store.livarava.com/f7e84098-d779-11ee-b8ac-5254a2021b2b.jpe — HK Delegates Propose Raising Duty-Free Limit to Attract Mainland Chinese Shoppers

Hong Kong Delegates Propose Duty-Free Limit Increase

Henry Tang calls for a significant adjustment in the duty-free shopping limit.

Main Objective

The proposal aims to attract more mainland Chinese shoppers and stimulate cross-border retail activities.

Historical Context

The current limit of 5,000 yuan has been in place for almost thirty years.

Henry Tang suggests the 30,000 yuan limit to revolutionize the shopping experience.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.