Hainan tax rebate plan fails to lure the tourists

By Shi Yingying | China Daily | Updated: 2011-02-11 07:46

Travelers apply for a tax refund in Haikou, Hainan province. A total of 129 tax refund applications involving goods worth up to 465,300 yuan ($70,629) have been received by Haikou Customs since Jan 1. Shi Yan / For China Daily

SHANGHAI - A new tax-rebate policy on the southern island of Hainan, which benefits foreign travelers and visitors from Taiwan, Hong Kong and Macao, hasn't attracted as much holiday business as expected in the first month since it came into effect.