Recently，Central Committee of the Communist Party of China、The State Council issued the "Overall Plan for the Construction of Hainan Free Trade Port"，The plan proposes to “relax the 188bet online sports betting on outlying islands to 100,000 yuan per person per year”，This is good for consumers and the duty-free industry，This is undoubtedly great news。

Chi Fulin, President of China (Hainan) Reform and Development Research Institute, thinks，“188bet online sports betting shopping” is the key to developing Hainan Free Trade Port、An important card to promote the construction of an international tourism consumption center,It is a major measure to form a new bright spot in the opening of Hainan Free Trade Port under the epidemic，It is also a practical need to give full play to my country’s ultra-large market advantages and domestic demand potential。

The tax-188bet online sports betting increase is good for the industry

The plan that has attracted much attention in this "Plan" is to relax the 188bet online sports betting on outlying islands to 100,000 yuan per person per year，Expand the types of duty-free goods。

April 2011,188bet online sports betting Islands Duty Free Policy Officially Implemented，9 years，The policy has undergone several adjustments，Limit、Object、Continuously relaxing product types and purchasing methods。The limit has been increased from the initial 5,000 yuan to the current 100,000 yuan，Product categories expanded from 18 to nearly 40 in 2019。The scope of passengers applicable to the tax-free policy is also expanding，Expanded from air passengers to include trains、Off-island passengers on ship。

The new tax-free policy for Hainan’s outlying islands will be announced on June 1 this year，There is no doubt that it will be beneficial to the tax-free consumption industry。Brokerage analyst said，In the context of this year’s epidemic，New outlying island repurchase mode，The number of pieces has exceeded the limit，After channel expansion，The scale of 188bet online sports betting revenue from offshore islands is still expected to hit a new high this year。This new tax-free policy for outlying islands involves the expansion of 188bet online sports betting categories，Will expand the coverage of consumer groups，Driving growth in shopping visits and sales。

Statistics display，Judging from the tax-free shopping categories in the past，Initial policy implementation in 2011，The main types of 188bet online sports betting products include jewelry、Crafts、Watch、18 products including perfume；In 2015, the categories of 188bet online sports betting goods were expanded to 38 types，Some household medical device products will be further added in 2018。With the continuous expansion of 188bet online sports betting product categories，2011-2019，The number of 188bet online sports betting shopping in Hainan jumped from 500,000 to 3.84 million。

Essence Securities estimates，After the implementation of this policy，Sanya Islands Duty Free Shop will mainly add alcoholic products。Currently，Alcoholic products are now available in Sanya Outlying Islands Duty Free Online Official Mall，As of May 21, 2020，There are 94 kinds of foreign wine，39 types of red wine。Original price comparison with Tmall flagship store product price，Most products have price advantages。Alcohol sales accounted for 16% of global 188bet online sports betting goods in 2015，Conservatively it is estimated that alcoholic products can contribute 10% of sales。

Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce Research Institute, told the Securities Times·e Company reporter，This plan involves a lot of content，Mainly reflected in "tax"、"off"、"Travel" (Tax、Customs、Travel) three parts，Multiple policies are very strong。Among them，“Zero tariff on some imported goods”、"Allow tax-free purchases on the island"、"The 188bet online sports betting on outlying islands has been increased to 100,000 yuan per person per year" and other information are more important，Clearly outlines Hainan’s future consumption potential。

The 188bet online sports betting industry has recovered significantly

Under the impact of the epidemic，Outbound tourism business is completely suspended，Domestic 188bet online sports betting goods, especially Hainan’s offshore island 188bet online sports betting policy, are extremely attractive to domestic tourists。

As understood，During the epidemic this year，February 20，All 188bet online sports betting shops in Hainan under China National Travel Service have resumed business，On the second day of resumption of business，Sanya International Duty Free City e-commerce sales exceeded 44.28 million yuan that day，Creating the highest single-day sales record for e-commerce。Data display，May Day holiday this year，Inspired by the “50% off in May” promotion for 188bet online sports betting shopping，During the holidays，Haikou Meilan Airport Duty Free Shop and Riyue Plaza Duty Free Shop received a total of 2 shoppers.560,000 people，Sales 6237.240,000 yuan，18 year-on-year increase.57%，Per capita spending 2431.96 yuan，Year-on-year growth of 23.65%。

For the much-anticipated increase in quota，Zhang Ke, media director of China Duty Free Group Haikou Duty Free Store, told a reporter from Securities Times·e Company，“Because the implementation details have not been released yet，188bet online sports betting quota of 100,000 yuan has not been implemented yet，Everything will be carried out in accordance with the original tax-free shopping rules，That is, tourists from outlying islands (including resident tourists on the island) have a cumulative tax-free shopping limit of 30,000 yuan per person per year。”

Reporter saw，In the largest 188bet online sports betting store in Riyue Plaza in Haikou，Consumers come in an endless stream，Many shoppers come from Northeast China and other places to travel and shop，Frankly stated that the price of 188bet online sports betting products is more discounted and more favorable than that of Hong Kong 188bet online sports betting shops。Zhang Ke said，Currently, 188bet online sports betting shops have basically returned to pre-epidemic sales conditions，Visitors who went to Japan, South Korea and Hong Kong for shopping in the past，It is inconvenient to travel due to the epidemic，Many of them also go to Hainan for consumption，Instead, it became an increase。

Morning of June 7th，The reporter drove three hours to the largest 188bet online sports betting shop in Hainan Island—Sanya International Duty Free City。This place is extremely popular，There are long queues in front of every cashier，Consumers are waiting for payment，While using the offshore 188bet online sports betting mobile APP to quickly search for the next target。Not only that，Hotels around the 188bet online sports betting city are all full on weekends，The lobby of Minsheng Westin Hotel, which is closest to the 188bet online sports betting shop, is crowded，The flow of people is not inferior to that of the tourist season。

A woman who flew in from Shenzhen to go shopping told reporters，I used to go shopping in Hong Kong，Due to another one-month delay in customs clearance in Hong Kong，Simply come to Sanya for shopping，I didn’t expect that the products here are more affordable than those in Hong Kong。She told reporters，I used up the quota of 12 items in less than half an hour after entering the 188bet online sports betting shop，But I haven’t bought all the items I want to buy，"I'll have to do it again in a few months"，She told reporters while sorting out the shopping bags。

According to the 188bet online sports betting shop staff，The 188bet online sports betting shop now offers outlying island repurchase service，If there is any remaining tax-free quota within 180 days after the passenger leaves the island，You can place an order in the repurchase mall of the WeChat official account with your outlying island ticket，Free shipping from the mall，And enjoy the same discount。

188bet online sports betting companies are actively deploying

Hainan’s outlying island 188bet online sports betting shops are basically monopolized by China Duty Free (Group) Co., Ltd. (hereinafter referred to as "China Duty Free") and Hainan Province Duty Free Co., Ltd. (hereinafter referred to as "Hai Duty Free"), a subsidiary of China National Travel Service.，Currently，Consumers’ consumption in Hainan 188bet online sports betting shops，Basically all contributed to China National Travel Service。

Except China International Travel Service，As one of the few listed companies in China involved in the 188bet online sports betting business—Caesar Travel is accelerating its layout in the 188bet online sports betting direction，Hainan is its important layout area。Caesar Travel told a reporter from Securities Times·e Company，2019，Caesar Travel officially established Tongsheng Duty Free in Hainan，As a holding management platform for its tax-free business。April 9 this year，Caesar Travel announced that it will change its registered address from Baoji City, Shaanxi Province to Sanya, Hainan Province，At the same time, further increase capital in Hainan Caesar Group，Showing ambition in the tax-free field。Following，Caesar Tourism introduces Wenyuan Fund, which is backed by Jiantou Huawen and Sanya Development Holdings，Focus on promoting 188bet online sports betting projects in Sanya city and airport。What deserves attention，Sanya Municipal Government signed a cooperation agreement with Caesars Tourism，The former will support Caesar Travel’s tourism in Sanya、Business development such as tax exemption，Promote the launch of Caesars Tourism in Sanya。

Meanwhile，Hainan Province is also actively contacting international 188bet online sports betting retail giants，Planned to introduce to Hainan。The first day after the overall plan for the construction of Hainan Free Trade Port was announced，Hainan Provincial Party Committee Secretary Liu Cigui had a video connection with the world's largest airport 188bet online sports betting merchant Dufresne Group，Promote practical cooperation in related fields。As understood，Dufry Group has operations in 65 countries around the world，Sales in 2019 reached 88.CHF 500 million，The world’s No. 1 188bet online sports betting group。

Facing covetousness from domestic and foreign competitors，China International Travel Service has also strengthened its presence in 188bet online sports betting。September 2018，CountryThe brigade’s domestic headquarters officially moved from Beijing to Haikou，Registered capital reaches 15.8 billion yuan。Following，At the beginning of 2019，To adjust and optimize the company’s business structure，Resolve the problem of horizontal competition between the company and its controlling shareholders，CITS transfers 100% equity of China International Travel Service Co., Ltd., a wholly-owned subsidiary mainly engaged in travel agency business, to China Tourism Group Co., Ltd.，CITS no longer operates travel agency business，The company’s development strategy has also been adjusted to focus on the travel retail business with 188bet online sports betting business as the core。

May 7 this year，CITS announced that it plans to use 20.Acquisition of 51% equity of Hainan Duty Free Co., Ltd. (hereinafter referred to as "Hainan Duty Free") held by China Tourism Group, the company's controlling shareholder, at a price of 6.5 billion yuan。After the transaction is completed，Haifu Company will be included in the consolidated statements of China International Travel Service。About how to implement the new tax-free policy for offshore islands，Wan Min, Chairman of China Tourism Group said，We must continue to strengthen the island-wide layout of 188bet online sports betting business，Introducing high-end consumer brands，Innovative business methods，Continuously expand the scale of 188bet online sports betting consumption in Hainan Islands；Further speed up the new seaport、Riyue Plaza Duty Free Shop、Construction of Sanya International Duty Free City and other projects，Strive to solve the "pain points" in tourism services、"Difficulty"，Improve the quality of Hainan tourism services。

*Source of 188bet online sports betting article：Securities Times Network，Author: Kang Yin, Zhang Qianyao, original title: "Expansion of 188bet online sports betting promotion categories, Hainan 188bet online sports betting becomes a battleground for tourism companies》.