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Duty-free sales in Hainan hit $34 mln on first day of Chinese New Year

01:04

The 8-day New Year holiday in China is a bonanza for businesses as consumers are immersed in a national shopping spree. Duty-free sales in Hainan, China's free trade port, hit 245 million yuan ($34 million), on the first day of Chinese New Year. The average spending per capita reached approximately 6,618 yuan ($920).

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