“中国游”火热 “中国购”升温

Core Insights - The consumption market in China is thriving during the National Day and Mid-Autumn Festival holidays, driven by policies such as visa exemptions, tax refunds, and payment facilitation, attracting a large number of foreign tourists [1] Group 1: Inbound Tourism Trends - The implementation of a one-year visa exemption policy for Russian passport holders has led to a surge in inbound tourism at the Heihe border, with a 38.46% year-on-year increase in the number of inbound travelers during the first six days of the holiday [2] - Cities like Chongqing are also experiencing a significant influx of international tourists, drawn by unique cultural and culinary experiences [2] Group 2: Shopping Preferences of Foreign Tourists - Foreign tourists are increasingly interested in a diverse range of Chinese products, moving beyond traditional souvenirs to include trendy items like toys, smartphones, and drones [7] - Major shopping districts in cities like Shanghai are capitalizing on the holiday by offering discounts and promotional events, with many foreign tourists actively shopping [5] Group 3: Tax Refund Policies - The introduction of enhanced tax refund services has made shopping more convenient for foreign tourists, with cities like Shanghai leading the way with a "paperless" tax refund process [7] - New tax refund policies are being implemented in more regions, including Guizhou and Jilin, to further stimulate inbound consumption and improve the shopping experience for foreign visitors [8][10]