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Q: Will the tax allowance of 5, 000 yuan be applicable to just an item that is worth more than 5,000 yuan?

Updated: 2011-05-31

A: If buying the goods which is worth more than 5,000 yuan, the consumer shall be levied the postal tax in full payment, which does not concern the goods that is worth less than 5,000 yuan. For example, a consumer buys a watch that is worth 20,000 yuan, because the price is over 5,000, then he or she needs to pay the postal tax with the total amount of 20,000 yuan rather than 15,000 yuan.

Sanya to construct tax-free shopping district

One amazing new measure is to establish a large-scale "tax-free shopping district" in Sanya, by taking advantage of the favorable tax-free policies in urban areas.

China's 1st tropical sea ranch begins construction

Construction of China's first tropical sea ranch began on Tuesday in Sanya, a coastal resort city in southern Hainan province, said an official with the Sanya Ocean and Fisheries bureau.

Sanya set to welcome the Volvo Ocean Race 2011-12

Sanya, the southernmost city on the golden coast of Hainan province, will host the Volvo Ocean Race 2011-12.

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