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Design and Reform of Hainan’s Offshore Duty-Free Policy

Year: 2026
Type: article
Abstract: Hainan’s offshore duty-free regime is a distinctive institutional innovation that advances the Hainan Free Trade Port. Through iterative adjustments since 2011, it has delivered early gains in tourism-led consumption while revealing bottlenecks in traveller-to-purchaser conversion and regulatory capacity. This commentary distils the policy’s unique features, diagnoses stage-specific frictions and proposes targeted supervision reforms – risk-based sectional control, enterprise credit governance and digital modernisation – to align openness with enforceability.
Language: English
Open Access status: hybrid
OpenAlex ID: W7147094917
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