Skip to main content

#CrossBorderShopping

Articles tagged with "CrossBorderShopping" - explore health, wellness, and travel insights.

1 article
5 min read

China Expands Instant Tax Refunds for Tourists in Major Push to Boost Retail and Tourism Sectors

news tourism

China has unveiled sweeping updates to its value-added tax (VAT) refund scheme for international tourists, rolling out instant refunds in additional locations and making the process smoother and more enticing for overseas visitors. The new policy—effective from July 1, 2025—marks a major departure from the previous refund-upon-departure model, allowing eligible tourists to claim cash back directly at participating stores and select refund counters, rather than navigating cumbersome airport procedures. This change aims to attract greater numbers of foreign tourists, boost retail spending, and revitalize the local economy after several challenging years for China’s tourism industry.

#China #TaxRefund #Tourism +7 more