The Research And Advice Of Hainan Offshore Duty Free Policy

With the Chinese economy development,and the improvement of Chinese people's lifestyle,Chines people bought 46%of the luxury product all over the world in 2016.The import tax,business tax,add value tax make the retail price is higher than oversea market.Chinese customer always buy luxury product in other country.The Chines State Council's would like to build the Hainan Island to be an international famous tourist resort.They come up with the offshore duty free policy in the Hainan Island from April 20th 2011,by learning from Jeju and Okinawa Island offshore policy.Afterwards,the policy changes for several times,which makes the business boom and giving the customer the second choice of buying luxury product in China.The policy changed,and some advice is already applied.From February 2016,it is allowed to buy duty free product online,and in April 2016,the postal tax increase.Since the policy is new,and few people mentioned that.By learning from others study,using the SWOT to analysis the policy and give out my advice.Encouraging more customer to come to the shop by more advertising.Adding the basic facility around the store.Developing the business for online shopping and reducing the postal tax rate of products over 8000 RMB to increase the sales of Hainan revenue,in order to keep the business in China.