Core Viewpoint - The introduction of the "immediate refund" service for outbound tax refunds at specific Bank of China branches in Beijing marks a pioneering move in the industry, enhancing convenience for international travelers shopping in popular districts [1][3]. Group 1: Service Implementation - Two Bank of China branches in Beijing, located in the Sanlitun and Xiangyun Town commercial areas, have been designated as centralized refund points for the "immediate refund" service [1][3]. - This service allows international travelers to receive tax refunds either in cash or through electronic payment methods immediately after shopping [3]. Group 2: Market Impact - The implementation of the "immediate refund" service has led to a significant increase in outbound tax refund activities in Beijing, with a 246% year-on-year growth in the volume of tax refund applications [4]. - The sales of tax refund eligible goods have doubled, with a 100% increase, and the total amount of tax refunds processed has risen by 97% [4]. - Over 20,000 international travelers from 168 countries and regions have benefited from the tax refund service this year [4]. Group 3: Future Plans - The Beijing Taxation Bureau plans to monitor the effectiveness of the initial "immediate refund" bank branches and gather feedback from travelers and refund stores to optimize service details and regulatory processes [4]. - There are intentions to gradually increase the number of centralized refund points to provide more international travelers with access to the "immediate refund" service [4].
北京再添2家离境退税“即买即退”集中退付点