Core Insights - The implementation of the new departure tax refund policy has significantly boosted the volume and value of tax refund claims at Haikou Customs, with a notable increase in both the number of claims and the total amount refunded compared to earlier months [1][2] Group 1: Policy Impact - From May to August 2023, Haikou Customs verified 1,274 departure tax refund claims, amounting to 19.085 million yuan, representing increases of 86.5% and 232.1% respectively compared to the first four months of the year [1] - In August alone, there were 533 verified claims, marking a month-on-month increase of 92.4% and a year-on-year increase of 67.6%, achieving the largest growth rate of the year [1] - The departure tax refund policy allows international travelers to receive VAT refunds on goods purchased at designated stores upon leaving the country, which is crucial for promoting inbound tourism and related industries [1] Group 2: Policy Optimization - The Ministry of Commerce and other departments have optimized the departure tax refund policy by lowering the minimum purchase amount for refunds from 500 yuan to 200 yuan and easing the registration requirements for refund stores [1] - The number of registered departure tax refund stores in Sanya increased from 11 to 60, and the variety of refundable goods has expanded to include clothing, bags, headphones, watches, and cameras [1] Group 3: Service Enhancement - Haikou Customs has enhanced promotional efforts for the departure tax refund service by setting up multilingual signage and electronic displays at the port to help travelers understand the process [2] - The customs has optimized the verification process by establishing a 24-hour dedicated tax refund service, allowing for quick verification of goods within 2 minutes [2] - Future plans include strengthening inter-departmental collaboration and further optimizing the verification process to enhance the effectiveness of the departure tax refund policy [2]

Core Viewpoint - The domestic real estate market continues to face pressure in the first half of 2025, impacting the home textile industry, with significant declines in investment, new construction, and sales figures [1] Investment and Market Performance - Residential investment reached 3.58 trillion yuan, down 10.4% year-on-year - New residential construction area was 22.3 million square meters, a decrease of 19.6% - Residential completion area fell to 16.3 million square meters, down 15.5% - Residential sales area decreased by 3.7%, with new commodity housing sales amounting to 4.42 trillion yuan, down 5.5% [1] Home Textile Industry Impact - The home textile industry is adversely affected, with home textile consumption showing insufficient momentum despite the implementation of a subsidy policy for durable consumer goods [1] - In the first half of 2025, the total revenue of seven listed home textile companies was 6.837 billion yuan, roughly flat compared to the same period in 2024, while net profit increased by 22.8% to 708 million yuan [1] Company Performance Overview - Leading company in revenue: Luolai Life with 2.181 billion yuan, 3.6% increase year-on-year - Mercury Home Textile reported 1.921 billion yuan, a 6.4% increase, but net profit decreased by 3.4% - Fuanna's revenue dropped by 16.6% to 1.091 billion yuan, with a significant decline in core product revenue [3] - The highest revenue growth was seen in Zhenai Meijia, with a focus on blankets, achieving a 21.8% increase in revenue [3] Cost Control and Efficiency - Operating costs generally increased, with Luolai Life's costs at 1.138 billion yuan, the highest among peers - Zhenai Meijia's operating cost ratio approached 80%, while Fuanna maintained a lower ratio of 46.4% due to direct sales channel strategies [4] - Dreamjie Co. was the only company to see a decrease in sales, management, and R&D expenses [7] Profitability Analysis - Zhenai Meijia led in net profit with approximately 197 million yuan, a nearly sixfold increase year-on-year - Fuanna's net profit was halved due to inventory pressure and high sales expenses, despite maintaining a gross margin of 53.6% [9] - The net profit margin for Zhenai Meijia reached 50.5%, significantly higher than its peers [9] Cash Flow and Receivables Management - Approximately 57.1% of companies saw a year-on-year increase in operating cash flow exceeding 100% - Luolai Life's operating cash flow increased by 28.9% to 377 million yuan, while Mercury Home Textile experienced a net cash outflow [11] - Zhenai Meijia had an accounts receivable turnover period of 91 days, significantly longer than Fuanna's [14]

Core Insights - The latest data from the National Taxation Administration shows that as of the end of August this year, the number of duty-free shops for outbound tourists in China has exceeded 10,000, with a year-on-year increase of 247.8% in the number of tax refund beneficiaries and a 97.5% and 96.9% increase in sales and tax refund amounts respectively [3][4]. Group 1: Policy Implementation and Impact - On September 1, Jilin Province officially implemented the outbound tourist shopping tax refund policy, with 54 companies, including Changchun Eurasia Group, becoming the first batch of tax refund shops in the province [3]. - The Ministry of Commerce and six other departments issued a notice to further optimize the tax refund policy and expand inbound consumption, emphasizing the need to enrich market supply and improve tax refund services [4]. Group 2: Consumer Behavior and Trends - The tax refund policy has stimulated consumption demand among inbound tourists, with a diverse range of products from silk, tea, and cultural creative products to electronic items like smartwatches and mobile phones being included in the "China Purchase" list [4]. - The Ministry of Commerce plans to take multiple measures to further expand inbound consumption, including building an international first-class consumption environment and optimizing the layout of tax refund shops [5].

9月9日，梧州市税务局联合梧州市商务局在梧州天誉茶业有限公司举行"退税商店"授牌仪式，标志着梧 州市首家以地方特色产品为主的"退税商店"正式落地。 授牌仪式前，参会人员实地考察了天誉数字化六堡茶产业及出口产品AI技术选茶，详细了解天誉茶业 的六堡茶制作工艺和出口经营情况。随后，税务部门为企业颁发了"退税商店"牌匾，这是梧州市首家企 业获得此项资质，今后境外旅客在此购买六堡茶，可享受便捷的离境退税政策。 梧州市税务局联合梧州市商务局在梧州天誉茶业有限公司举行"退税商店"授牌仪式。莫杰昌摄 税务工作人员在"退税商店"了解六堡茶出口产品，宣传离境退税政策。莫杰昌摄 天誉茶业财务负责人宋女士表示，获得离境退税商店资格后，企业将严格按照政策要求，完善退税流 程，优化涉外服务，让境外游客购物更便捷、更放心。同时将继续保持诚信经营、依法纳税，努力将六 堡茶打造成为梧州市对外交流的靓丽名片。 离境退税政策是指境外旅客在离境时，可对在退税商店购买的物品申请退还增值税的政策。进一步优化 后的离境退税政策，将离境退税起退点下调至200元人民币，并将现金退税限额上调至20000元人民币， 同时优化离境退税支付服务，大幅提升了境外旅客 ...

Core Points - Jilin Province will implement a tax refund policy for outbound travelers starting September 1, 2025, aimed at boosting tourism, expanding inbound consumption, and optimizing the international business environment [1] - The tax refund policy allows outbound travelers to receive a refund of the value-added tax (VAT) on personal items purchased at designated stores, with refund amounts typically ranging from 8% to 9% of the product price [1] - The policy is expected to enhance Jilin's attractiveness as a shopping destination, driving growth in various sectors such as dining, accommodation, and transportation [1] Implementation Details - The first three designated tax refund ports are Changchun Longjia International Airport, Yanji Chaoyangchuan International Airport, and Hunchun Port, chosen for their high traveler flow and adequate infrastructure [1] - China Bank Jilin Branch has been appointed as the exclusive tax refund agency, providing multilingual services and various refund methods at dedicated windows in the designated ports [1][2] - Over 50 merchants have been approved as the first batch of tax refund stores, covering 19 cities and counties, including well-known local and foreign brands to meet diverse shopping needs [2] Coordination and Efficiency - A joint meeting system led by the Finance Department, involving multiple agencies such as taxation, commerce, culture, tourism, and customs, has been established to ensure smooth policy implementation [2] - The tax refund process has been digitized through a unified information management system, enhancing efficiency and reducing operational risks [2] - Training for staff at tax refund stores and agencies has been conducted to ensure travelers understand the process and can receive refunds quickly [2] Strategic Importance - The implementation of the tax refund policy reflects Jilin's commitment to national consumption promotion and foreign trade stabilization policies, marking a significant step in service industry reform and the development of a comprehensive tourism framework [3] - The policy aims to improve the business environment, expand the tourism service system, and enhance the internationalization of consumption in Jilin, thereby increasing competitiveness in the global tourism market, particularly for attracting tourists from neighboring countries like Russia, South Korea, and Japan [3]

俄罗斯旅客青睐的国内目的地前十分别为北京、上海、三亚、广州、哈尔滨、深圳、西安、张家界、成都和杭州。 根据《今日俄罗斯》的说法，在中方宣布新政策后，俄罗斯民众赴华兴趣持续飙升，9月15日之后出发的机票销售额翻了一番，酒店搜索和旅行咨询激增5到 9倍。 与此同时，中国已对75国实行单方面免签或全面互免签证、55国实行过境免签。 中国宣布对俄罗斯持普通护照人员试行30天免签政策，俄罗斯也有望实行对等政策。 据参考消息报道，俄罗斯总统普京在本周四表态称，该国将对这一友好举措作出回应，以加强两国之间的文化和经济联系。 普京是在拉迪沃斯托克第十届东方经济论坛全体会议开始前向媒体透露上述信息的。他还在论坛现场的致辞中宣布，俄罗斯将开发连接圣彼得堡和符拉迪沃 斯托克的跨北极走廊。 中国外交部在本周早些时候表示，中方决定自2025年9月15日至2026年9月14日，对俄罗斯持普通护照人员试行免签政策。俄罗斯持普通护照人员来华经商、 旅游观光、探亲访友、交流访问、过境不超过30天，可免办签证入境。 与过去实施的5人-50人的团体旅游免签不同，新政取消团队限制，覆盖更广泛个人出行需求。俄方则同步优化对华签证政策，拟将中国公民电子 ...

商务部于2025年8月28日（星期四）15时召开例行新闻发布会。商务部自贸区港建设协调司副司长、新 闻发言人何咏前出席，介绍相关情况并回答媒体提问。 以下为发布会文字实录 何咏前 各位记者朋友： 大家下午好，欢迎参加商务部例行新闻发布会。今天我没有需要向大家通报的信息。 下面请提问。 国际商报社记者 习近平主席在2024年9月中非合作论坛北京峰会上宣布"中非携手推进现代化十大伙伴行动"。请问峰会 召开一年来"十大伙伴行动"经贸举措落实情况如何？中非经贸合作呈现哪些新亮点？ 何咏前 2024年9月，习近平主席在中非合作论坛北京峰会上提出了"十大伙伴行动"，受到非洲国家高度评价和 广泛响应，为中非深化务实合作指明了方向，注入了新的动能。 一年来，我们同非洲伙伴一道，密切配合、互信同行，持续抓好"十大伙伴行动"落实，不断深化经贸领 域合作，共同应对复杂严峻国际环境，携手推进开放共赢的现代化。总的来看，当前中非经贸合作亮点 纷呈。 一是"贸易繁荣"推动双方往来更加密切。中方积极支持非洲最不发达国家用好100%税目产品零关税待 遇，签署共同发展经济伙伴关系框架协定，在中国国际进口博览会、中非经贸博览会等重大展会为中非 ...

Core Insights - The number of inbound foreign visitors exceeded 19 million in the first half of the year, representing a 30% year-on-year increase [1] - The number of tax refund stores has increased significantly, with tax refund sales rising by 95% year-on-year [1] Group 1: Inbound Consumption - Inbound consumption is identified as a crucial area for expanding overall consumption, with significant growth potential [1] - The Ministry of Commerce is actively collaborating with relevant departments to address challenges and focus on key areas to continuously expand inbound consumption [1] Group 2: Policy and Environment - The Ministry of Commerce is promoting the revitalization of key urban commercial areas and upgrading business formats to enhance the "Shopping in China" experience [1] - There are ongoing efforts to optimize tax refund policies and broaden foreign currency and card payment channels, contributing to the rising popularity of "China Tours" and "China Shopping" [1] Group 3: Future Plans - The Ministry of Commerce plans to further expand inbound consumption by fostering an international first-class consumption environment and accelerating the development of international consumption center cities [1] - Future initiatives include implementing localized tax refund policies, optimizing the layout of tax refund stores, enriching product offerings, and enhancing service levels [1] - The Ministry will guide localities in creating signature "Shopping in China" events and organizing diverse promotional activities to innovate consumption scenarios that integrate travel, culture, and sports [1]

Core Viewpoint - The implementation of the departure tax refund policy in Jilin Province starting September 1, 2025, aims to enhance the shopping experience for international travelers and stimulate domestic consumption [1][2]. Group 1: Policy Implementation - The departure tax refund policy allows international travelers to receive VAT refunds on purchases made at designated stores upon leaving the country [1]. - Multiple regions, including Sichuan, Guangxi, Beijing, and Chongqing, have introduced new measures related to departure tax refunds to better meet the needs of international tourists [1]. Group 2: Economic Impact - Attracting international tourists and expanding inbound consumption is a key direction for China's economic development [2]. - The expansion of departure tax refund policies is expected to increase tourism revenue and promote the growth of retail, dining, and accommodation sectors, contributing to a more mature domestic consumption market [1]. Group 3: Consumer Behavior - Recent statistics indicate a significant increase in inbound tourism, with 131.9 million visitors in 2024, marking a 60.8% growth [3]. - Inbound tourists tend to frequent large shopping centers and are particularly interested in Chinese products such as silk, tea, and traditional ceramics, with domestic electronics also gaining popularity due to their cost-effectiveness [3]. Group 4: Policy Optimization - Data from the National Taxation Administration shows a substantial increase in departure tax refund stores, exceeding 7,200, with a 186% rise in the number of refund recipients [4]. - Experts suggest that there is still room for optimization in the departure tax refund policy, recommending a comprehensive system that enhances connectivity among customs, taxation, payment, and logistics to facilitate immediate refunds and postal tax refunds [4].

Core Insights - The Ministry of Commerce aims to enhance the implementation of the departure tax refund policy and optimize the layout of tax refund stores to boost inbound consumption [1][2] Group 1: Inbound Consumption Growth - In the first half of this year, over 19 million inbound foreign visitors were recorded, representing a 30% year-on-year increase [1] - The number of departure tax refund stores has increased significantly, with tax refund consumption amounting to a 95% year-on-year growth [1] Group 2: Strategic Initiatives - The Ministry plans to cultivate a world-class consumption environment by accelerating the development of international consumption center cities and conducting pilot projects for international consumption environment construction [2] - There will be efforts to optimize the layout of tax refund stores, enrich product offerings, and enhance service levels [2] - The Ministry will guide localities to continuously create signature "Shopping in China" events and organize diverse consumer promotion activities, integrating shopping with travel, culture, and sports [2]