Wangfujing’s large downtown duty-free store is the latest arrival in Hainan where the provincial government aims to increase year-over-year numbers of tourists and tourist revenues by 20% and 25 ...

Wangfujing Group, one of China’s largest retail companies, has won a duty-free licence from the Ministry of Finance; Approval comes as China’s government seeks to address its twin goals of ...

Shares of Wangfujing surged by the 10 per cent daily cap for a fourth day to 36.44 yuan on Friday, defying an across-the-board sell-off in the Asia-Pacific region.