TAG: tourism retail

China Duty-Free Group launches the fifth edition of the Offshore Duty-Free Shopping Festival in Sanya, with the event running from June to October.

Jul 05, 2023

Gree Real Estate’s acquisition of Zhuhai Duty-Free for nearly 9 billion yuan marks its foray into the tax-free industry, paving the way for a consumer industry centered around tax-free businesses.

Mar 29, 2023

The group will implement a comprehensive development strategy with retail as the main driver, launching over 200 mall, residential, and hotel projects.

Mar 23, 2023

After the completion of the transaction, China Tourism Group Duty-Free Corporation Limited will hold a 49% stake in CNSC.

Mar 21, 2023

Since China reopened its borders in January, the recovery of mainland Chinese shoppers has been steadily improving, with a recovery rate of 22% for consumption in the European mainland region and 27% for consumption in the Asia-Pacific region.

Mar 17, 2023