Zheng Quan Zhi Xing·2025-06-25 09:10Core Points - The State Taxation Administration has announced the nationwide promotion of the "Buy and Refund" service, a facilitation measure for the departure tax refund policy aimed at foreign travelers [1] - Zhejiang Province has successfully implemented the "Buy and Refund" service across all 11 prefecture-level cities, with the first transaction completed in each city [1][2] - The service allows tax refunds to be used for "secondary consumption," effectively stimulating inbound consumer activity [1] - The ongoing optimization of the "240-hour visa-free transit" policy and other measures have led to an increase in foreign visitors choosing to travel to China [1] - The "Buy and Refund" service meets the strong demand for convenient tax refund services among foreign nationals, particularly in areas with high foreign resident populations like Qingtian, Zhejiang [1] Company Initiatives - Zhejiang Commercial Bank has assisted over 200 merchants in activating the "Buy and Refund" service, completing more than 70 transactions with a total refund amount exceeding 50,000 yuan [2] - A centralized refund point for the "Buy and Refund" service has been established in Hangzhou, allowing foreign travelers to process refunds in a one-stop manner without needing to go to the airport [3] - The bank is actively working to enhance the quality and efficiency of departure tax refund services by organizing training sessions and developing operational manuals for merchants [3] - Future plans include expanding the service to airports in Wenzhou and Yiwu, further promoting the "Buy and Refund" initiative [3]