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HNA Group opens duty free outlet in Haikou

RBR Staff Writer Published 04 May 2011

HNA Group, the Chinese multi-industry business group, has opened a duty free outlet in Haikou city on the resort island of Hainan Province in China.

The group got its duty free licence from the Chinese government in May. Following the recent change in regulations in China, it can sell duty free goods under certain conditions to Chinese citizens. Haikou, the capital city of Hainan, received approval from the government under the new duty free shopping policy. HNA's outlet will be located at the domestic departure area at Haikou Meilan International Airport.

The company has also entered into a strategic business partnership with Singapore-based Heinemann Asia Pacific, which is wholly-owned subsidiary of German travel retailer Gebr Heinemann. HNA Group has business interests in airport management, hotel, logistics, air transportation, real estate, retail and tourism.