Group 1 - The Ministry of Commerce and five other departments issued a notice to optimize the departure tax refund policy and expand inbound consumption, leading to a surge in related A-share retail and duty-free stocks [1] - Wangfujing reported that 26 stores have been approved for departure tax refund services, including 10 stores providing "buy and refund" services [1] - Wushang Group plans to complete the first batch of departure tax refund store applications by April 2025 [1] Group 2 - Kenen Health confirmed that its products fall within the "buy and refund" scope under the current policy [2] - New World City is enhancing its services around departure tax refunds and international payment, including the addition of 21 new payment devices [2] - The State Council reported that inbound traveler spending is projected to reach $94.2 billion in 2024, a 77.8% increase year-on-year, indicating significant growth potential for inbound consumption [2] Group 3 - CITIC Securities noted that the optimization of departure tax refund policies will boost inbound tourism and shopping, positively impacting domestic consumption [3] - The long-term market potential for departure tax refunds is substantial, with a focus on the upcoming "May Day" travel peak [3]

2025.04. 28 导读 ： 离境退税政策再优化；五一旅游市场热度持续攀升；解锁【第一财经智享会员】实时解读市场动态，把握投资先机。 1、政策加码优化离境退税流程，免税产业链各环节有望直接受益 近日，商务部等6部门发布《关于进一步优化离境退税政策扩大入境消费的通知》。从推动离境退税商店增量扩容、丰富离境退税商品供给、提升离境退税 服务水平三方面提出8条具体措施。 通知提出，下调离境退税起退点。境外旅客同日同店购买退税物品金额达到2 0 0元人民币，且符合其他相关规定的，可以申请办理离境退税；优化离境退税 支付服务，将现金退税限额上调至2 0 0 0 0元人民币。 【第一财经智享会员专属】 【 今 日 速 读 】 精选行业研报，助您捕捉行业风口 【精选快读】 1、 政策加码优化离境退税流程，免税产业链各环节有望直接受益 2、五一旅游市场热度持续攀升，消费板块配置吸引力提升 商务部副部长盛秋平2 7日在国新办新闻发布会上表示，进一步优化离境退税政策，有利于推动离境退税销售额继续快速增长，为提振消费注入新动力、拓 展新空间。下一步，商务部将积极会同相关部门加快推进政策落实落地，不断提高离境退税服务质量和水平，让 ...

税务总局货物和劳务税司司长谢文谈到，此次税务总局同步修订发布《境外旅客购物离境退税管理办 法》，包括优化信息系统、放宽退税商店入门条件、调整退税商店备案层级等各方面，以进一步便利退 税办理。 据悉，按照新政，在退税商店备案条件上，允许纳税信用级别为M级以上的企业、设立不到1年的新开 商店等申请成为退税商店；退税商店备案部门由省级税务部门改为主管税务机关，备案时间缩短至5个 工作日以内。 我国自2015年起全面推行离境退税政策，值此政策全面实施10周年之际，经国务院批准，商务部会同财 政部、文化和旅游部、海关总署、税务总局、中国民航局出台《关于进一步优化离境退税政策扩大入境 消费的通知》（以下简称《通知》）。4月27日，国新办举行新闻发布会，介绍优化离境退税政策扩大 入境消费有关情况。 入境消费增长潜力巨大 数据显示，近年来，我国有序扩大自主开放和单边开放，对38个国家实行了单方面免签政策，对54个国 家实行过境免签并将停留时间延长至240小时，推出了一系列入境便利化政策。2024年接待外国游客 2694万人次，同比增长96%，入境旅客总花费达到942亿美元，增长了77.8%。 "2024年，境外旅客入境消费占 ...

4月28日，获政策力挺，离境退税相关上市公司股价均表现活跃。 截至发稿前，在A股市场，百联股份（600827.SH）涨1.32%，众信旅游（002707.SZ）涨3.46%，中国中免（601888.SH）等跟涨。 港股方面，相关概念股也同步冲高。中国中免（01880.HK）上涨1.97%，美兰空港（00357.HK）涨1.91%。 消息面上，在离境退税政策实施10周年之际，该政策迎来了全面革新。 4月27日，商务部会同财政部、文化和旅游部等六部门印发《进一步优化离境退税政策扩大入境消费的通知》。《通知》针对退税商店偏少、退税便利度有 待进一步提升等问题，政策从推动退税商店增量扩容、丰富退税商品供给、提升离境退税服务水平三大方面提出8项举措。 《通知》指出，将离境退税起退点从500元下调至200元，现金退税限额由1万元人民币上调至2万元；鼓励各地在大型商圈、步行街等境外旅客聚集地增设退 税商店；强调要增加老字号产品、国货潮品等中国特色优质产品供应。 此外，"即买即退"服务也是此次政策升级的一大亮点。《通知》指出将离境退税"即买即退"服务措施推广至全国，让旅客在购物现场就可以领取退税款。 近年来，随着我国过境免签 ...

Group 1 - The International Monetary Fund (IMF) and World Bank meetings concluded with ongoing uncertainty regarding tariffs and a bleak economic outlook [5][6][7] - Many attendees felt that the Trump administration's internal divisions hindered effective negotiations with trade partners [7][9] - Despite receiving 18 written proposals, no agreements were finalized during the meetings, leading to concerns about the negative impact of tariffs on global economies [8][9] Group 2 - The IMF slightly lowered growth forecasts for most countries due to the impact of the highest tariffs in over a century, but did not predict a recession [11][12] - Concerns were raised about rising debt risks, particularly for developing countries, as tariff-induced trade slowdowns could exacerbate economic challenges [13][16] - The U.S. expressed support for the IMF and World Bank, emphasizing their importance in economic stability and development [18][19] Group 3 - The European Central Bank (ECB) is increasingly confident about a potential interest rate cut in June, driven by stagnant growth and declining inflation in the Eurozone [35][36][38] - ECB officials believe that the current economic conditions may allow for a 25 basis point rate cut, although they are cautious about making significant reductions [41][42] Group 4 - The French government proposed merging or eliminating one-third of government agencies to save between €2 billion and €3 billion [43][44][45] - This initiative aims to reduce the public sector budget deficit from 5.4% of GDP to the EU's mandated limit of 3% by 2029 [45] Group 5 - TikTok plans to enter the Japanese e-commerce market, preparing to recruit sellers for its TikTok Shop [47][48] - The platform is known for selling discounted products through live streams, expanding its influence beyond the U.S. [49][50] Group 6 - OpenAI announced a lightweight version of its deep research tool for ChatGPT users, aimed at providing a cost-effective alternative while maintaining quality [57][58] - Manus, a company in the AI space, completed a $75 million funding round, significantly increasing its valuation and expanding its market reach [59][60][61] Group 7 - The global military spending is projected to reach a record $2.7 trillion in 2024, marking a 9.4% increase from 2023, with the U.S. accounting for a significant portion of this expenditure [79] - The report highlights the impact of geopolitical tensions, particularly the Russia-Ukraine conflict, on military budgets in Europe [79] Group 8 - China successfully launched the Tianlian II-05 satellite, enhancing its capabilities in data relay and control for space missions [80][81][82] - The satellite is part of China's second-generation geostationary data relay satellite system, improving the efficiency of various space operations [81] Group 9 - The construction of China's first large-scale general-purpose spectroscopic telescope, JUST, has commenced, aiming to advance research in exoplanet detection and other astronomical fields [84][85][88] - This project represents a significant step for China's astronomical capabilities, reducing reliance on foreign telescopes [86][87] Group 10 - Hong Kong successfully tested a connected autonomous driving system using low-orbit satellite internet, demonstrating the feasibility of satellite-based communication for autonomous vehicles [89][90][92] - This initiative is part of a broader strategy to enhance digital infrastructure and support smart city development in the region [92] Group 11 - Shanghai Pudong has initiated the construction of a pilot city for the Beidou system, focusing on various applications in transportation and logistics [93][94][96] - The project aims to integrate satellite technology into urban management and enhance the efficiency of public services [95]

央视网消息：4月27日，商务部、财政部等6部门发布《关于进一步优化离境退税政策扩大入境消费的通知》，从推动离境退税商 店增量扩容、丰富离境退税商品供给、提升离境退税服务水平三方面提出了8条具体举措。 扩大入境消费 推动更多"国货潮品"走向世界 通知提出，下调离境退税起退点。境外旅客同日同店购买退税物品金额达到200元人民币，且符合其他相关规定的，可以申请办 理离境退税。商务部相关负责人表示，将加快推进政策落实落地，不断提高离境退税服务质量和水平，为提振消费注入新动力。商务 部副部长盛秋平："按照我国的增值税水平，一般商品的退税率达11%，相当于额外打了九折。离境退税不仅给境外旅客带来实惠， 也是本国商品、本国文化走出国门的重要渠道。"数据显示，2024年，中国接待外国旅客2694万人次，同比增长96%；入境游客总花 费942亿美元，增长77.8%。 北京：一季度离境退税申请单总金额创历史同期新高 今年一季度，北京离境退税申请单总金额约2.4亿元，创历史同期新高。今年，北京海关出台了《关于促进入境旅游及消费的十 项措施》，鼓励引导更多商户成为离境退税商店，丰富扩大入境旅客在京购物消费的商品供给。措施出台三个月来 ...

央广网北京4月28日消息（记者 宋雪）离境退税，是指境外旅客离境时，对其在退税商店购买的商品退 还增值税的政策。离境退税是国际通行的做法，目前已有包括欧盟、日本、新加坡、澳大利亚等在内的 50多个国家和地区实行。我国自2015年起全面推行离境退税政策，值此政策全面实施10周年之际，经国 务院批准，商务部会同财政部、文化和旅游部、海关总署、税务总局、中国民航局出台《关于进一步优 化离境退税政策扩大入境消费的通知》（以下简称《通知》）。 在国新办4月27日举行的新闻发布会上，财政部税政司司长贾荣鄂介绍，为支持境外旅客选购品种更多 的特色商品，《通知》将目前境外旅客同日同店购买退税物品金额达到500元才予以退税的规定，大幅 下调至200元即可退税。此外，为了满足境外旅客多样化的消费支付需求，优化离境退税支付服务，在 提供银行卡、移动支付、现金等多种退税服务方式的基础上，将现金退税金额由目前的1万元人民币上 调至2万元人民币，其他退税方式没有限额。 商务部副部长盛秋平介绍，近年来，我国有序扩大自主开放和单边开放，对38个国家实行了单方面免签 政策，对54个国家实行过境免签并将停留时间延长至240小时，推出了一系列入境 ...

Core Viewpoint - The Chinese government is optimizing the departure tax refund policy to enhance inbound consumption and attract more foreign tourists to China [1][5]. Group 1: Policy Changes - The departure tax refund threshold is lowered from 500 yuan to 200 yuan, and the cash refund limit is increased from 10,000 yuan to 20,000 yuan [3]. - The government encourages the establishment of more tax refund shops in major commercial areas and pedestrian streets frequented by foreign tourists [3]. - The "immediate refund" service will be promoted nationwide, allowing travelers to receive tax refunds at the point of purchase [3]. Group 2: Tourism Data - In the first quarter of this year, the number of inbound foreign tourists reached 9.215 million, representing a year-on-year increase of 40.2% [5]. Group 3: Efficiency Improvements - The General Administration of Customs is promoting the packaging and coding of tax refund items to enhance verification efficiency and reduce waiting times [6]. - Customs will implement measures to optimize processing procedures and add guiding signs at ports to provide more convenience for foreign travelers [8]. - The use of QR codes for scanning tax refund items will significantly reduce on-site verification time, making the tax refund process more convenient and efficient for travelers [8].

凤凰网财经讯 4月28日，三大指数开盘涨跌不一，沪指低开0.09%，深成指高开0.09%，创业板指高开 0.20%。离境退税、可控核聚变等板块指数涨幅居前，石英、乳业奶粉等板块指数跌幅居前。 华泰证券研报指出，进入二季度，房地产行业增量政策窗口逐步打开，结合更加积极有为的宏观政策以 及更加积极的财政政策定调，后续需关注实操政策落地节奏。华泰证券认为一线城市更具政策弹性，看 好因此带来的市场复苏节奏以及相关标的。 国金证券：万能险新业务允许最低保证利率可调，利差损风险继续下降 国金证券研报表示，近日，金融监管总局发布《关于加强万能型人身保险监管有关事项的通知》，本通 知自2025年5月1日起实施，对不符合《通知》要求的存量业务，给予一年的过渡期，原则上应当于2026 年4月30日前完成整改。我们认为，一方面，万能险产品新业务允许最低保证利率可调，有助于更好防 控利差损风险；另一方面，从产品管理、账户管理、资金运用管理、销售管理等方面，进一步强化万能 险监管，市场秩序将进一步规范，利好规范经营的大型险企。 银河证券指出，随着美国关税政策的影响边际递减，投资者风险偏好逐渐回升。同时，我国将实施更加 积极有为的宏观政 ...

A股免税店板块盘初活跃，众信旅游涨超6%，凯撒旅业涨超4%，百联股份、南宁百货涨超3%，王府 井、中国中免纷纷高开。消息面上，商务部等6部门发布关于进一步优化离境退税政策扩大入境消费的 通知，将现金退税限额上调至20000元人民币。 ...