Beijing has raised the duty-free shopping allowance for mainland Chinese tourists visiting Hong Kong and Macau to up to HK$16,100 (US$2,100) per trip, with the measure to begin operation on Monday (July 1) at six border crossings.
The Hong Kong government estimated the measure would increase tourist spending in the city by at least HK$8.8 billion, or even up to HK$17.6 billion, a year. The increased consumption would add between HK$2.7 billion and HK$5.4 billion to the economy.
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