Beijing will raise the duty-free shopping quota, now capped at 5,000 yuan, to “lower than 30,000 yuan,” according to Ming Pao. - Photo: Reuters
HONG KONG: Chinese tourists will soon be allowed more duty-free shopping in Hong Kong, with Beijing set to raise the purchasing limit by up to sixfold to help boost the city’s sluggish retail sector, according to a newspaper report on Thursday (June 27).
The Chinese government will soon announce the measure to raise the duty-free shopping quota, currently capped at 5,000 yuan (S$935), to “lower than 30,000 yuan (S$5,600),” according to Ming Pao, which cited unnamed sources.
