完善免税店政策 支持提振消费

Core Viewpoint - The recent notification from the Ministry of Finance and other departments aims to enhance the duty-free shop policy to boost consumption, effective from November 1, 2025, focusing on optimizing tax policies, expanding product categories, decentralizing approval powers, and improving shopping experiences [1][2]. Group 1: Policy Enhancements - The policy supports domestic products in duty-free shops, treating them as exports for tax purposes, with at least 25% of the sales area in duty-free shops dedicated to domestic goods [2]. - New product categories include mobile phones, micro-drones, and over-the-counter drugs, aligning with consumer demand [2]. - Approval powers for establishing duty-free shops are delegated to provincial departments, allowing for tailored local development [2]. - The introduction of online booking and pick-up services enhances the shopping experience for consumers [2]. Group 2: Impact on Consumption - The number of travelers utilizing the duty-free tax refund service has increased significantly, with a 229.8% year-on-year rise in the number of travelers and a 97.4% increase in tax refund amounts from January to September this year [3]. - The expanded product offerings and support for domestic goods are expected to stimulate both domestic and inbound consumer spending, encouraging overseas consumption to return [3]. - Decentralizing approval and optimizing layouts will foster local engagement, creating unique shopping experiences that can drive growth in related sectors such as tourism and dining [3]. - The policy is anticipated to lower operational costs for domestic products, enhancing their market presence while attracting international brands to invest [3].