Analysis of the Factors Affecting the Development of Hainan Duty-Free Economy

DOI

10.2991/978-94-6463-054-1_19How to use a DOI?

Keywords

Duty-free; Economy; Hainan Free Trade Port

Abstract

Under the background in the outbreak, duty free market outside, so Hainan islands duty-free shops has become an important place. This paper explores the factors that affect the development of Hainan’s duty-free economy. It is found that Hainan’s duty-free economy is mainly affected by four factors: tourism, luxury consumption demand, overseas COVID-19 situation and national policies. At the same time, in view of the shortcomings in the development of Hainan’s duty-free economy, this paper puts forward three suggestions: reasonable layout and further improvement of duty-free shops and surrounding supporting facilities, extension of shopping hours and increase delivery points, and strengthening multi-channel publicity.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jiaying Lin
PY  - 2022
DA  - 2022/12/14
TI  - Analysis of the Factors Affecting the Development of Hainan Duty-Free Economy
BT  - Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
PB  - Atlantis Press
SP  - 166
EP  - 172
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-054-1_19
DO  - 10.2991/978-94-6463-054-1_19
ID  - Lin2022
ER  -