免税店政策打造消费新引擎

Core Viewpoint - The recent upgrade of the duty-free shop policy aims to boost domestic consumption by enhancing the attractiveness of duty-free shopping and facilitating the return of overseas consumption [1][2][4] Policy Enhancements - The Ministry of Finance and the Ministry of Commerce have jointly issued a notice to improve the duty-free shop policy, which includes increasing the sales of domestic products, expanding the range of goods offered, and relaxing approval requirements for duty-free shops [1][2] - The new regulations encourage the procurement of high-quality domestic products and require that at least 25% of the operational area of duty-free shops be dedicated to domestic goods [2][4] Market Dynamics - The optimization of the duty-free shop policy is expected to stimulate international passenger flow, thereby boosting related sectors such as dining and accommodation [2] - The policy changes are part of a broader strategy to cultivate international consumption centers and expand inbound consumption [1][4] Service Improvements - New measures have been introduced to enhance the shopping experience for travelers, including online reservation services and a "reserve online, pick up offline" model [3] - Approval processes for establishing and operating duty-free shops have been streamlined, allowing local authorities to have more control and flexibility [3][4] Strategic Importance - The duty-free shop business is increasingly playing a significant role in stimulating domestic consumption, which is a strategic foundation for China's modernization efforts [4]