Xin Jing Bao·2025-08-21 12:38Core Insights - Beijing has launched a new model for tax refunds for outbound travelers, allowing immediate refunds at bank branches, marking a first in the country [1] Group 1: Business Model - The new "buy and refund" service is now available at two Bank of China branches in Beijing, specifically located in the Sanlitun and Xiangyun commercial areas [1] - This initiative aims to provide a safer and more efficient tax refund service for international travelers [1] Group 2: Market Impact - The volume of tax refund business has increased by 246% year-on-year as of this year [1] - The selection of these bank branches was based on factors such as the density of refund stores, the flow of international travelers, and transportation convenience [1]