Beijing’s tax-free policy for mainland tourists traveling to Macau and Hong Kong has been extended to almost all mainland ports, Macau Customs General Administration said. Announce This morning.
The move raises the duty-free threshold for mainland tourists shopping in the Hong Kong and Macau Special Administrative Regions from RMB 5,000 to RMB 12,000 (provided they are 18 years of age or older), and to RMB 15,000 for purchases at border crossing shops.
New rules introduced Six border crossings Starting July 1, the Hong Kong and Macau Special Administrative Regions will join the program, and the rest of the region will join the program today – first row Hengqin Customs Area.
[See more: Duty-free allowances raised for mainland visitors in Macao and Hong Kong]
To promote the program, the Macao Government Tourism Office produced Operation Video The office is also raising awareness about the increase in duty-free limits through posts on Chinese social media platforms such as WeChat, Weibo, Douyin and Xiaohongshu.
From an economic perspective, the new threshold is expected to have a positive impact on Macau, encouraging tourists to spend more. official data In the first quarter of this year, tourists spent almost half of their budget on shopping, with the most popular categories being food (13.1%), cosmetics and perfumes (10%), jewelry and watches (7.1%), and handbags and shoes (6.9%).
While the higher threshold is good news for businesses, some in the tourism and retail sectors may be disappointed as it is much lower than the 30,000 yuan threshold they had lobbied for. South China Morning Post Reported.
[ad_2]
Source link
