Workflow
国庆中秋假期市场观察丨尽享“中国游” 爱上“中国购”
Ren Min Ri Bao·2025-10-09 02:36

Core Insights - China is committed to expanding high-level opening-up, aiming to leverage its vast market potential to create new opportunities for global economic growth [1] Group 1: Tax Refund Policy and Impact - The implementation of the departure tax refund policy has significantly enhanced the shopping and travel experience for international tourists, with over 10,000 tax refund stores established by the end of August [2][8] - The "immediate refund" feature allows tourists to receive tax refunds at the point of purchase, promoting further consumption and improving the overall shopping experience [5][6] - The tax refund service has been optimized, with processes streamlined to reduce customs verification time to approximately 3 minutes, enhancing the experience for international travelers [5] Group 2: Regional Highlights and Consumer Behavior - In cities like Shenzhen and Qingdao, international tourists are drawn to local specialties and high-tech products, with significant sales reported during the holiday periods [4][2] - The collaboration between tax authorities across provinces allows tourists to enjoy tax refunds and choose their departure points freely, enhancing travel flexibility and encouraging cross-province tourism [7] - Notable increases in sales have been reported, with a 707% year-on-year growth in transactions and a 435% increase in spending by international tourists at specific shopping centers [8]