Hey travelers and shopaholics! The Chinese mainland has just rolled out exciting new tax refund measures that make shopping abroad smoother and more fun. Get ready to grab your favorite items and claim your refund without the hassle! 🛍️
The new rules lower the minimum purchase amount to just 200 yuan (about $27.75) at the same store on the same day. Whether you pay via mobile, bank card, or even cash, the process is now more flexible—with cash refunds boosted up to 20,000 yuan! 💸
But that's not all: the overhaul aims to revitalize major shopping areas, pedestrian streets, tourist spots, airports, and more by expanding the number of departure tax refund stores. Expect a wider range of products from smart devices to heritage crafts and signature souvenirs that celebrate the rich local culture.
Earlier this month, the Chinese mainland shifted from a refund-upon-departure model to an instant refund-upon-purchase system. This change lets visitors claim VAT rebates at tax-free stores on the spot, ensuring a faster and smarter shopping experience.
Chen Binkai, vice president of the Central University of Finance and Economics, emphasized that these improvements in tax refund services not only cater to diverse payment preferences but also help spur economic growth and boost inbound consumption.
In a nutshell, if you plan to explore the wonders of the Chinese mainland, prepare for a shopping spree that is easier, smarter, and more rewarding than ever before! 😎
Reference(s):
cgtn.com
