Sou Hu Cai Jing·2025-08-21 15:47Core Viewpoint - The introduction of "immediate tax refund" services at bank branches in Beijing marks a significant innovation in the tax refund process for international travelers, enhancing their shopping experience and boosting tourism consumption in the capital [1][3][8]. Group 1: Service Implementation - Two branches of Bank of China in Beijing have been designated as "immediate tax refund" points, allowing international travelers to receive tax refunds directly at the bank [1][3]. - The service aims to optimize the tax refund experience for international travelers and enhance the attractiveness of consumption in Beijing [3][5]. Group 2: Growth Metrics - Since the launch of the "immediate tax refund" service on June 1, the business volume has increased significantly, with a reported 246% year-on-year growth in tax refund transactions and a 100% increase in sales of tax refund eligible goods [6][7]. - The service has processed nearly 400 transactions for travelers from 44 countries and regions, indicating a robust demand for the service [6]. Group 3: Future Developments - The Beijing tax authority plans to expand the number of "immediate tax refund" points and continuously optimize service details based on traveler feedback [8]. - The collaboration with Alipay to enable real-time tax refunds into travelers' electronic wallets represents a modernization of the refund process [7][8].