Core Insights - Shenzhen has officially launched an electronic refund channel for outbound tax refunds, allowing global inbound travelers to process refunds easily using Alipay [1] - The city aims to become a benchmark for outbound tax refunds, with over 1,000 refund stores established [1] - Shenzhen has the highest number of outbound tax refund ports and the most diverse types of refund stores in the country [1]

上海市商务委等六部门：优化离境退税服务环境 下调离境退税起退点、提高现金退税限额 智通财经7月3日电，上海市商务委等6个部门印发《上海市优化离境退税消费环境行动方案（2025-2027 年）》 。其中提出，优化离境退税服务环境。下调离境退税起退点。同一境外旅客同一日在同一退税 商店购买退税物品金额达到200元人民币，可以申请办理离境退税。提高现金退税限额。同一境外旅客 同一日在同一退税商店购买退税物品申请'即买即退'退税限额上调至20000元人民币，覆盖国际品牌、 高端电子产品等高单价商品需求。 ...

上海市商务委等6个部门印发《上海市优化 离境退税消费环境行动方案（2025-2027年）》 。其中提 出，增加离境退税商店数量。在大型商圈、步行街、 旅游景区、度假区、文博场所、机场、客运 港 口、酒店、体育场馆等增设退税商店，全面覆盖境外游客集中的购物中心、百货商店、品牌专卖店、机 场商店等，重点拓展旅游景区商店、古镇沿街商店、文博场所纪念品商店、文创产业园特色商店、主题 乐园购物商店、星级宾馆内设商店、国际赛事体育场馆周边商店等。引导在展览场所注册经营的商店申 请成为离境退税商店，将离境退税服务覆盖至展会。在16个区全覆盖基础上，推动离境退税商店开 展"即买即退"业务，有条件的商店设立"即买即退"集中退付点，推动"即买即退"集中退付点扩围。 ...

上海市商务委等6部门：到2027年上海市离境退税商店超3000家、网点超10000个 智通财经7月3日电，上海市商务委等6个部门印发《上海市优化离境退税消费环境行动方案（2025-2027 年）》 的通知，其中提出，到2027年，上海市离境退税商店超3000家、网点超10000个，"即买即退"商 店占比超80%，商业集中场所设立集中退付服务点的占比超80%，在入境人员消费相对集中的中心城 区，实现离境退税商店全覆盖。离境退税消费规模比2024年翻两番，国产品牌退税销售额占比提升至 30%以上，更好地把入境流量转化成消费增量，有效扩大入境消费，畅通国内国际双循环，提升上海国 际消费中心城市能级。 ...

Group 1 - Guangzhou has launched its first "immediate refund" centralized refund point for departure tax at Tianhe District's Tianhuan Plaza, enhancing the efficiency of the tax refund process for foreign travelers [1] - The "immediate refund" model allows international travelers to receive their tax refunds on-site after making purchases, significantly reducing the time required for the refund process to just a few minutes [1] - The centralized refund point is designed to connect various commercial entities in the Tianhe Road business district, creating a comprehensive international consumer service network [1] Group 2 - The "citywide refund" feature of the Tianhuan Plaza centralized refund point integrates scattered service resources, breaking geographical limitations within the business district [2] - Following the implementation of the "immediate refund" policy, there has been a noticeable increase in foot traffic at the shopping mall, indicating a positive impact on consumer behavior [2] - A total of 10 stores in Guangzhou have launched the first batch of "one order, one package" convenience services for departure tax refunds, enhancing the shopping experience for consumers [2] Group 3 - Since the announcement of the optimized departure tax policy by the Ministry of Commerce and other departments in April, Guangzhou has implemented various measures to improve departure tax services, including lowering the threshold for tax refund applications to 200 yuan [3] - The total number of departure tax refund stores in Guangzhou has exceeded 500, with over 160 new stores added, achieving full coverage across 11 districts [3] - The issuance of departure tax refund application forms has increased by 203% year-on-year, while the sales amount has risen by 129% year-on-year since the new policy was implemented [3]

Group 1: Summer Consumption Promotion Activities - Fujian Province's Commerce Department has launched a vibrant summer consumption season with over 1000 promotional activities focusing on eight key areas including trade-in programs, inbound consumption, foreign trade products, and new energy vehicle consumption [1][4][21] - The government and enterprises will collaborate to create diverse summer consumption scenarios to stimulate consumer spending [1] Group 2: Tax Refund and E-commerce Initiatives - The implementation of the "immediate purchase and refund" policy for outbound tax refunds is underway, with 114 tax refund stores established, including 40 that offer immediate refunds [7] - E-commerce platforms like Taobao and JD.com will host over 30 trade connection events, involving more than 430 foreign trade companies and over 50,000 products [10] Group 3: Culinary and Service Consumption Events - Various culinary events such as "One County One Table Dish" and "Eight Fujian Food Carnival" will be organized, along with the distribution of 40 million yuan in dining consumption vouchers [12] - A series of service consumption activities will focus on sectors like dining, accommodation, and tourism, promoting integrated development of commerce, tourism, and culture [14] Group 4: Consumer Guides and Night Economy - Regular consumer guides will be released, and local areas are encouraged to create "night consumption maps" to enhance the night economy [16] - Summer activities will include events like summer fun, cooling retreats, and beer festivals to attract consumers [16]

钛媒体App 6月29日消息，下周（6月30日-7月6日）市场大事预告： 1．下周，中国人民银行公开市场将有20275亿元逆回购到期，其中下周一至下周五分别到期2205亿元、 4065亿元、3653亿元、5093亿元、5259亿元。 2．周二（1日）美国 6月ISM制造业指数；欧洲央行行长拉加德发表讲话。 3．周三（2日）欧洲央行行长拉加德发表讲话。 4．周四（3日）美国 6月失业率；美国 6月非农就业人口变动（万人）；美国6月ISM非制造业指数。 5．Wind数据统计显示，下周A股共有68家公司限售股陆续解禁，合计解禁31.65亿股，按6月27日收盘 价计算，解禁总市值为816.71亿元。按6月27日收盘价计算，解禁市值居前三位的是：中无人机(200.2亿 元)、迪哲医药-U(132.72亿元)、概伦电子(69.42亿元)。从个股的解禁量看，解禁股数居前三位的是：中 无人机(4.03亿股)、甘肃能源(3.35亿股)、美丽生态(3.27亿股)。 6．下周，港股市场有5只新股上市，分别是泰德医药、IFBH、云知声、拨康视云-B、安井食品。A股市 场无新股上市。A股市场下周有一只新股申购，即同宇新材。该公司拟在创 ...

Core Viewpoint - New World is focusing on expanding its market presence by targeting the "Z Generation" consumer group and diversifying consumption scenarios through the introduction of new cultural and retail formats, particularly in the two-dimensional culture sector [1][2][3] Company Performance - As of June 27, 2025, New World reported a closing price of 7.31 yuan, up 2.38% from the previous week, with a total market capitalization of 4.729 billion yuan [1] - The company achieved a net profit of 70.03 million yuan in 2024, representing a 121.22% increase compared to the same period in 2023 [4][5] - The company has seen a significant increase in tax refund transactions, with 1,408 cases processed and sales amounting to 6.9093 million yuan, reflecting year-on-year growth of 166.67% and 184.61% respectively [5] Strategic Initiatives - New World has established the "Fun肆街区" to cater to the two-dimensional culture market, introducing several first-store brands and hosting pop-up events to attract consumers [3] - The company plans to enhance its retail offerings by adding trendy toy categories and creating new experiential spaces in its shopping centers by 2025 [1][4] - New World is actively pursuing government subsidies and policies to support its growth, having received 15.2 million yuan in government grants in 2024, which contributed to its profit increase [5] Market Positioning - The company aims to transform traditional department stores into destinations for lifestyle experiences, focusing on five new consumption scenarios: culture, tourism, animation, exhibitions, and services [1][2] - By leveraging the popularity of two-dimensional culture, New World seeks to differentiate itself from competitors and attract a younger demographic [2][3] Future Outlook - The company is optimistic about the performance of its hotel business, reporting improved occupancy rates and average room prices in 2025 compared to 2024 [5] - New World is committed to maintaining a stable profit distribution policy, proposing a cash dividend of 0.40 yuan per 10 shares for the 2024 fiscal year [5]

Core Insights - Shenzhen has become the city with the most exit tax refund ports in China, adding Futian and Shenzhen Bay ports to its existing ones, which include Bao'an International Airport, Shekou Cruise Home Port, and Wenjindu, making it the only city with all types of exit tax refund ports [1][2] Group 1 - The exit tax refund business in Shenzhen has seen a significant increase, with a 2.8 times growth in the number of transactions and a 1.9 times increase in the sales value of verified refund goods in the first five months of this year [1] - Domestic brands like DJI and Huawei account for 29.5% of the transactions, indicating an ongoing optimization of the refund structure [1] - The number of tax refund shops has increased by 25% since the beginning of the year, ensuring full coverage of the "immediate purchase and refund" business model in the areas surrounding the exit tax refund ports [1] Group 2 - The average daily inbound and outbound passenger numbers at Futian and Shenzhen Bay ports are 157,000 and 131,000 respectively, maintaining Shenzhen's position as the city with the highest passenger flow in the country [1] - The local government has rapidly established the new exit tax refund ports to leverage the high volume of international travelers, aiming to convert this flow into increased domestic consumption [1] - A new "one order, one package" facilitation model for exit tax refunds has been piloted, doubling the efficiency of customs verification, which will enhance the overall experience for travelers [2]

Core Viewpoint - The article discusses the "Departure Tax Refund" policy for foreign travelers in Shanghai, highlighting the "Buy and Refund" service that simplifies the refund process for tourists [1]. Group 1: Departure Tax Refund Process - The "Buy and Refund" process consists of three steps: store invoice payment, customs verification, and refund agency review [1]. - The refund calculation formula is provided: Refund Amount = Invoice Amount (including VAT) × Refund Rate [4]. - The applicable refund rates are 11% for items with a 13% VAT rate and 8% for items with a 9% VAT rate [5]. Group 2: Practical Example - An example is given where a tourist named David purchases items totaling 5000 yuan with a 13% VAT rate, resulting in a potential refund of 550 yuan [6]. - The actual refund amount is subject to deductions for the refund agency's service fee [6]. - Travelers must carry the purchased items and necessary documents for customs verification at the airport [6]. Group 3: Policy References - The article cites several policy documents that govern the departure tax refund process, including the "Management Measures for Departure Tax Refund for Foreign Travelers" and announcements from the Ministry of Finance, State Taxation Administration, and Customs [7].