The Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued an announcement on the 28th that the tax-free limit for luggage items carried by resident passengers entering Hong Kong and Macau has been increased from 5,000 yuan to 12,000 yuan. This measure will be implemented gradually from July 1. The Hong Kong SAR government and people from all walks of life warmly welcome this measure, believing that it will promote diversified tourism development.

The Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu, expressed his sincere gratitude to the central government for launching a number of measures to help promote Hong Kong's economy. The new measures can enhance the shopping experience of residents and tourists in Hong Kong, allowing them to enjoy greater freedom when shopping, which will help attract more tourists to Hong Kong and promote diversified tourism development. On the other hand, the measures can also promote Hong Kong's retail market and inject impetus into the local economy.

Realord Group and Sincere CEO Suki Su Jiaohua, said in an interview with CCTV News that the tax-free adjustment for mainland tourists visiting Hong Kong will undoubtedly further (strengthen) tourism business exchanges between the mainland, Hong Kong and Macao and provide convenience for tourists. , and at the same time bring development opportunities to our retail industry.