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China seeks more duty-free shops

China will build more duty-free shops at entry-exit ports and also expand the categories of imported duty-free products to "meet rising demand", the Ministry of Finance said on Friday.

Shi Yaobin, vice minister of finance, said the 262 duty-free shops in China are insufficient to serve a surging number of foreign and domestic tourists.

"The plan is to meet the rising demand for imported goods, and to boost domestic consumption," Shi told a media conference on Friday, adding that the plan is still being discussed.

(Source: Shanghai Daily)