Core Viewpoint - The new outbound tax refund policy in China aims to enhance the shopping experience for foreign tourists, with a lower refund threshold and increased cash refund limits, creating a "shopping and saving" cycle [1][2]. Group 1: Policy Changes - The refund threshold has been reduced from 500 yuan to 200 yuan, and the cash refund limit has been raised to 20,000 yuan [1]. - The "immediate purchase and refund" model is being promoted nationwide to facilitate foreign tourists [1]. Group 2: Opportunities for Jiangsu - Jiangsu province, with its rich tourism resources and manufacturing capabilities, is positioned to convert tourist flow into sustained economic growth through consumption upgrades [1]. - Key commercial areas such as Nanjing's Xinjiekou and Suzhou's Guanqian Street are expected to implement full coverage of the "immediate purchase and refund" policy [1]. Group 3: Enhancing Local Product Competitiveness - Jiangsu has many well-known local products, such as Yangzhou lacquerware and Yixing purple clay teapots, which can be marketed globally [2]. - There is potential to develop high-value-added products, including technology-driven electronics, to attract bulk purchases under the new tax refund limits [2]. Group 4: Service Improvement Initiatives - The need for bilingual tax refund assistants and personalized shopping advisory services has been identified to address potential language barriers for foreign consumers [3]. - Development of multi-language tax refund applications and the establishment of expedited refund channels at international airports are recommended to enhance the consumer experience [3]. - A fund for rapid resolution of foreign card payment disputes is suggested to ensure a smooth shopping and refund process [3]. Group 5: Strategic Implications - The essence of the new tax refund policy is to shift the foreign trade battlefield to local consumption scenarios, potentially increasing foreign trade revenue for Jiangsu [3]. - The initiative is seen as an opportunity for Jiangsu to redefine its value in the global consumer landscape, showcasing the quality and innovation of Chinese manufacturing [3].
做好“找上门”的外贸生意
Xin Hua Ri Bao·2025-05-12 23:35