Duty-free sales boost foreign trade in China's Sanya
HAIKOU, Jan. 21 (Xinhua) -- The import and export volume in the Chinese resort city of Sanya surged to 24.23 billion yuan (about 3.4 billion U.S. dollars) in 2023, up 13.1 percent year-on-year, with duty-free goods playing a vital role, said the Sanya Customs on Sunday.
In 2023, Sanya, in south China's Hainan Province, witnessed a 25.5 percent increase in the import of duty-free goods, totaling 10.76 billion yuan and constituting 44.4 percent of the city's overall import and export value.
Private enterprises experienced a 1.8 times growth in imports and exports, while foreign-invested enterprises saw a 1.1 times increase.
The European Union, Switzerland, and Japan emerged as Sanya's top three trading partners.
(Editor:Liao Yifan)