China Daily (Canada) - - SHANGHAI -

The largest duty-free shop in down­town Shang­hai, which mea­sures more than 3,000 square me­ters, opened on Aug 8. The two-floor shop is cur­rently stock­ing its shelves with more than 10,000 types of goods from over 100 brands and sells im­ported prod­ucts in­clud­ing cos­met­ics, kitchen­ware, pow­dered milk, toys and porce­lain.

The shop said that con­sumers can look for­ward to pur­chas­ing cer­tain pop­u­lar items at highly dis­counted prices. Ac­cord­ing to China’s duty-free pol­icy, Chi­nese cit­i­zens who re­turn from over­seas trips are al­lowed to pur­chase goods cost­ing up to a max­i­mum of 5,000 yuan ($753) at duty-free stores within half a year.

The largest num­ber of pri­vate buy­ers for new en­ergy ve­hi­cles in China came from Shang­hai, ac­cord­ing to the lat­est An­nual Re­port on New En­ergy Ve­hi­cle In­dus­try in China (2016). Shang­hai (26 per­cent), Bei­jing (14 per­cent) and Shen­zhen, Guang­dong prov­ince (8 per­cent) ac­counted for a to­tal of 48 per­cent of the pri­vate buy­ers of new en­ergy ve­hi­cles in China in 2015.

The re­port also showed that the do­mes­tic pro­duc­tion and sales of new en­ergy ve­hi­cles in China reached 497,000 in 2015, mak­ing China the coun­try with the largest num­ber of new en­ergy ve­hi­cle own­ers.

The reg­u­la­tion re­gard­ing Shang­hai’s trans­for­ma­tion into an in­ter­na­tional ship­ping cen­ter has been im­ple­mented on Aug 1 and it also in­cludes for the first time changes to the aviation sec­tor, as an­nounced at a news con­fer­ence by the Shang­hai Mu­nic­i­pal Trans­porta­tion Com­mis­sion.

Author­i­ties will be ad­just­ing the city’s airspace struc­ture, lev­el­ing up airspace ca­pac­ity and im­prov­ing the net­work of routes for air­lines as it aims to make the two air­ports in Shang­hai a core aviation hub in China and the world.

In 2015, Shang­hai Pudong In­ter­na­tional Air­port and Shang­hai Hongqiao In­ter­na­tional Air­port had a to­tal pas­sen­ger through­put of more than 99.1 mil­lion.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.