CHINA. The magnificent Haikou International Duty Free Shopping Complex is near completion with opening now expected to take place later this year, China Duty Free Group has confirmed to The Moodie Davitt Report and to state-owned China Daily (see below).
The final date is likely to be revealed soon with prospects buoyed by the Hainan government’s success in combating the COVID-19 outbreak that hit the island in early August. This prompted the closure of all duty free shops in Sanya from 4 and 5 August and the sporadic shutdown of stores in less-affected Haikou.
As reported yesterday, Sanya travel retailers received the perfect Mid-Autumn Festival gift as new locally transmitted COVID-19 cases fell to zero for the first time in 40 days on 9 September, according to National Health Commission figures.
In a major online photo story this week, China Daily showed latest images of the 926,000sq m Haikou complex taken on 7 September. Construction is progressing “steadily”, its report said, quoting from a briefing with China Tourism Group Duty Free Corporation officials. The complex is expected to open to the public “at the end of this year”, the report said.
In June The Moodie Davitt Report launched a new quarterly eZine called The Moodie Davitt China Travel Retail Report. The cover story was dedicated to China Tourism Group. Click on the image to read the bi-lingual title. The next edition will be published in October and will feature a comprehensive follow-up on CTG Duty-Free’s Global Offering and Hong Kong secondary listing. Please email Kristyn@MoodieDavittReport.com for a free first year subscription.
