Due to the COVID-19 in 2019-2022, global resident home quarantine, the economic downturn has led to lower household consumption levels than those before the epidemic, but with the economic and political policy and regulation and the availability of vaccines. Global COVID-19 is essentially over, at this time, the tourism retail industry is the main driver of economic recovery. In the tourism retail industry, China's duty-free industry is also a giant in the international retail industry. China Duty-Free Group has industry advantages, this article is based on the financial situation of China Duty-Free Group under the framework of Harvard analysis. Through the Oriental Fortune network, The National Bureau of Statistics of China, The China Immigration Bureau, statistic Data analysis on the China Duty-Free Group's environment and financial situation to analyze the development status and prospects of China Duty-Free Group, Conclusion for China Duty-Free Group after COVID-19 and acquisitions this year, the financial indicators in the capital increase have decreased. But this does not affect the dominant position of China Duty-Free Group in the future development, suggestions that China Duty-Free Group should hold the first position in China's duty-free industry in China's future development, from the Asian market to the international market in the global duty-free industry, make the full use of assets to expand their market share in the global tax-free industry.