Core Insights - The trend of foreign tourists shopping in China, referred to as "China Shopping," is gaining popularity, driven by various factors including upgraded tax refund policies, enhanced online services, and significant social media promotion [1][2] Group 1: Factors Driving "China Shopping" - The comprehensive upgrade of tax refund policies allows foreign tourists to save significantly, with a tax refund rate of 11% minus a 2% handling fee, enabling savings of 900 RMB on a 10,000 RMB purchase [1] - The convenience of online services, including relaxed visa policies, increased number of tax refund stores, and improved coverage of foreign card POS machines, enhances the shopping experience for foreign tourists [1] - Social media has played a crucial role in promoting China's appeal, with influencers sharing their experiences and sparking interest among international audiences [1] Group 2: The Rise of Chinese Manufacturing - The transformation from "Made in China" to "Intelligent Manufacturing in China" is evident in the quality and innovation of products, such as smart toilets and multifunctional showerheads, which now define global standards [2] - The dual engagement of global shopping trends and the Chinese consumer market reflects both the active choices of foreign tourists and China's commitment to high-level openness [2] - Despite the growth in inbound consumption, China's share of GDP from inbound consumption is approximately 0.5%, which is still below the 1% to 3% range of major global economies [2] Group 3: Future Outlook - The booming "China Shopping" trend is seen as a new starting point for Chinese brands to expand globally, with expectations for continued improvement in the business environment and product offerings [2]
“中国购”蔚然成风的启示
Jing Ji Ri Bao·2025-05-27 22:40