Liberalization of tax-free business guides the return of consumption

While overseas duty-free business complains, domestic duty-free shops stand out. According to Dufry’s announcement, Dufry’s revenue in the first half of this year was 1.587 billion Swiss francs, a decrease of 62% year-on-year. The revenue from July to August decreased by 75%-85%. On the other hand, the domestic duty-free market has maintained sound development. Due […]

China’s economy will stand firm by 2020

Tax reduction and fee reduction are the main players in the market One of the strongest policy dividends in 2020. Since 2020, 7 batches of 28 preferential tax policies have been released one after another. It is estimated that the new tax cuts and fees will exceed 2.5 trillion yuan throughout the year. In a […]

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