在国家大力提振消费、扩大内需的政策背景下，深圳作为离境退税全国首批实施城市，正以海陆空全口岸覆盖、"即买即退"便利化服务等创新实践，为入 境消费市场注入强劲活力。 记者深圳市税务局了解到，从离境退税新政实施以来，深圳从购物开单、申报退税、退税款支付、宣传等全流程入手，完善离境退税管理系统，提高商店开单效 率，缩短旅客等待时间，着力提升退税便利度。 数据显示，截至2025年6月10日，深圳离境退税商品销售额同比增长2.45倍，"即买即退"销售额同比增长超22倍，成为全国离境退税政策落地的标杆城市。 全市已有510家离境退税商店和6个集中退付点 中央经济工作会议将"大力提振消费、全方位扩大国内需求"列为2025年首项重点任务，随后国务院常务会议提出"持续打造消费新产品新场景新热点"，中共中央办 公厅、国务院办公厅印发的《提振消费专项行动方案》明确"发展入境消费"方向。2025年4月27日，商务部等6部门联合下发通知，从"推动离境退税商店增量扩 容""丰富离境退税商品供给"和"提升离境退税服务水平"等三方面更好满足境外旅客购物离境退税需求。 "第一次来文博会，没想到还能买到退税商品，不仅有优惠，还能现场领到退税款， ...

Group 1 - The introduction of the "immediate refund" tax refund policy in Shenzhen enhances the international influence of major shopping districts and boosts consumer spending [1] - The first "immediate refund" tax refund point was inaugurated in the Dongmen pedestrian street, a historically significant and densely populated area in Shenzhen [1] - The sales of tax refund eligible goods in Shenzhen increased by over 2.1 times year-on-year in the first five months of this year, with "immediate refund" goods sales growing over 20 times [1] Group 2 - Shenzhen has been implementing the tax refund policy since 2016 and introduced the "immediate refund" measure in 2023, becoming the only city in China with all types of tax refund ports (land, sea, and air) by 2024 [2] - The "one order, one package" model introduced by Shenzhen optimizes the tax refund process, reducing customs verification time from an average of 10 minutes to 5 minutes [2] - The number of outbound and inbound travelers in Shenzhen surpassed 100 million by May 19, 2025, with foreign travelers reaching 2.64 million, a 41% increase year-on-year [3]

1、创新药临床试验审评审批提速，一类创新药等纳入30日通道 重要程度：★★★★★ 6月16日盘后，国家药品监督管理局发布《关于优化创新药临床试验审评审批有关事项的公告(征求意见稿)》。其中 提到，为进一步支持以临床价值为导向的创新药研发，提高临床研发质效，对符合要求的创新药临床试验申请在30 个工作日内完成审评审批。 近期，创新药的热度很高。那么，创新药的行情还能持续多久?中邮证券认为，创新药即使短期震荡亦属正常，仍坚 定看好2年—3年维度的创新药行情。首先是出海，较多优质项目BD虽已有一定市场预期，但仍存在落地超预期的可 能，且海外估值并未泡沫化，出海也已形成正向循环，未来全球看国内创新药比例仍有提升空间。其次是资金层 面，目前宽基对创新药板块的配置远未见顶，且外资对港股创新药的配置也有提升空间。 2、财政部：自2025年7月1日起 大连市、湖北省实施境外旅客购物离境退税政策 重要程度：★★★★ 据财政部网站消息，自2025年7月1日起，大连市、湖北省实施境外旅客购物离境退税政策。 离境退税，是指境外旅客在离境口岸离境时，对其在退税商店购买的退税物品退还增值税。在退税商店，境外旅客 与境内普通市民一样购买商 ...

目前，广东离境退税口岸包括广州白云国际机场口岸、南沙港客运口岸、珠海九洲港客运口岸、深圳宝 安国际机场口岸、蛇口邮轮母港口岸、文锦渡口岸。7月起，深圳罗湖、福田、深圳湾口岸退税点也会 陆续开启。 此前，国家税务总局已于4月初发布的《关于推广境外旅客购物离境退税"即买即退"服务措施的公告》 中指出，境外旅客在"即买即退"商店购买退税物品，办理信用卡预授权后，即可在现场领取等额退税 款；有意愿提供"即买即退"服务的退税商店，在与本地退税代理机构商谈一致后，即可成为"即买即 退"商店。在该背景下，指南展示了离境退税措施在广东省的具体落地情况，凸显了离境退税"一站式服 务"的便捷。 根据指南，单笔消费满人民币200元即可退税。退税率一般为11%，扣除2%办理退税手续费后，实际到 账约9%，全年不限次数，电子发票发挥同等效力。游客可以当场拿到并点清退税现金，部分商场也支 持电子退税。 据6月13日消息，广东省文化和旅游厅发布了入境游"即买即退"购物指南（下称"指南"），对离境退税 作出了详细操作指引，进一步激活入境旅游消费活力。离境退税，是指境外旅客（在中国境内连续居住 不超过183天的外国人和港澳台同胞）在离境口岸离 ...

Core Viewpoint - The "Huaqiangbei Business District" is leveraging the outbound tax refund policy to enhance its international competitiveness and attract foreign tourists, with 20 tax refund stores currently operational in the area, accounting for nearly a quarter of the stores in the Futian District [1][2]. Group 1: Outbound Tax Refund Policy - The outbound tax refund policy is seen as a crucial engine for enhancing the international capability of the business district, attracting foreign consumer spending, and promoting the upgrade of consumption quality [1]. - The Huaqiangbei Business District has a natural advantage for developing outbound tax refund services due to its status as a globally recognized electronic industry hub, strong commercial foundation, and rich brand resources [1]. Group 2: Business District Features - Huaqiangbei is recognized as the first 5G street in the country, a national innovation and entrepreneurship base, and a 3A-level scenic area in Shenzhen's Futian District, with peak daily foot traffic exceeding one million [2]. - The area has seen an average daily foreign visitor flow of over 8,000 people, and it has optimized payment experiences for foreign customers by implementing a service standard of "large card payments, small QR code payments, and cash as a backup" [2]. Group 3: Expansion of Tax Refund Stores - The outbound tax refund initiative is rapidly being implemented, with 20 tax refund stores already established, creating an initial clustering effect [2]. - Shenzhen has been expanding its outbound tax refund stores, with over 400 stores listed in nine batches, and sales of tax refund goods from January to May this year have increased by over 2.1 times year-on-year [2]. - The tenth batch of outbound tax refund store selection is currently underway, with an expected addition of over 100 new stores [3].

Core Points - The introduction of the departure tax refund policy and the nationwide promotion of the "buy now, refund later" service have significantly boosted the consumption enthusiasm of foreign tourists [1][2] - Eight merchants in Nansha, including Nansha Garden Hotel and DJI (Nansha Huanyu City Store), have completed the registration for departure tax refund stores, covering various consumer sectors such as international brands, 3C electronics, and daily necessities [1] - The Nansha District Taxation Bureau has stated that merchants only need the necessary hardware to issue tax refund application forms without incurring additional costs to meet the registration requirements [1] Departure Tax Refund Policy - The "buy now, refund later" service allows foreign tourists to purchase tax refund items at registered stores, sign an agreement, and obtain a prepayment equivalent to the tax refund amount on-site [2] - Tourists must pass customs verification upon departure and meet the conditions outlined in the agreement to complete the tax refund process [2] - This policy innovation is seen as a win-win for both merchants and consumers, encouraging more purchases and enhancing the overall consumption market [2]

Market Overview - A-shares showed mixed performance with the Shanghai Composite Index closing at 3402.66 points, up 0.01%, while the Shenzhen Component Index fell 0.11% to 10234.33 points, and the ChiNext Index rose 0.26% to 2067.15 points [1][2]. Sector Performance - The computing power industry chain strengthened, with CPO direction leading the gains. The gold and jewelry, innovative pharmaceuticals, rare earth permanent magnets, quantum technology, and IP economy concept stocks were active, while sectors like outbound tax refunds, anti-tariff, semiconductors, liquor, and consumer electronics weakened [5]. - The film and television sector saw significant gains, with Happiness Blue Ocean rising over 13%, and Light Media up over 5% [6]. - The breeding industry faced declines, with Xianfeng Holdings down over 4% and Juxing Agriculture down over 3% [7]. Capital Flow - Main funds saw net inflows into sectors such as telecommunications, computers, and media, while there were net outflows from food and beverage, public utilities, and transportation sectors [8]. - Specific stocks with net inflows included Rongfa Nuclear Power, Zijin Mining, and Dongfang Fortune, attracting 0.881 billion, 0.786 billion, and 0.607 billion respectively [9]. - Stocks experiencing net outflows included BYD, Kweichow Moutai, and Yaoji Technology, with sell-offs of 0.665 billion, 0.494 billion, and 0.471 billion respectively [10]. Institutional Insights - Guojin Securities noted that new consumption faces valuation pressure, recommending low absorption rather than chasing high prices [11]. - China Galaxy Securities highlighted the positive impact of the "H+A" stocks on the brokerage sector. Guodu Securities mentioned that the Shanghai Index recently crossed the 3400-point mark, but new capital signs remain unclear, with trading volume around 1.3 trillion, making it difficult to stabilize this level. They suggested focusing on safety margins and selecting growth stocks with upward beta in the short term [12].

Core Insights - The sales of "immediate purchase and refund" products in Shenzhen have increased by over 20 times year-on-year [1] - The total sales of goods eligible for departure tax refunds in Shenzhen have grown by more than 2.1 times from January to May this year [1] - Shenzhen's tax authority is collaborating with the municipal commerce bureau to select over 100 new departure tax refund stores [1]

Core Viewpoint - The article highlights the significant growth in tax refund sales for international tourists in Shenzhen, driven by innovative policies and services that enhance the shopping experience for foreign visitors [5][10]. Group 1: Tax Refund Sales Growth - Shenzhen's tax refund sales for international tourists increased by over 2.1 times from January to May this year [5]. - The sales of "immediate refund" products saw a remarkable growth of over 20 times during the same period [5]. Group 2: Enhanced Shopping Experience - International tourists have praised the convenience of the "immediate refund" service, with quick processing times reported [5][8]. - The "one order, one package" service simplifies the tax refund process, reducing customs verification time by an average of 70% [9][10]. Group 3: Expansion of Tax Refund Stores - Shenzhen's tax authorities are selecting over 100 new tax refund stores to enhance the shopping experience for international visitors [5]. - Currently, there are 79 tax refund stores in Shenzhen's MixC, including 47 that offer immediate refunds, covering eight major categories [8]. Group 4: Personalized Services for Tourists - The tax authorities are actively promoting the tax refund policy through personalized services, including a team of multilingual staff providing one-on-one guidance [10]. - The initiative aims to increase the international influence of Shenzhen's shopping districts and enhance consumer spending [10]. Group 5: Future Developments - The number of tax refund stores is expected to increase significantly by the end of the year, with plans for the first city-based duty-free store to open soon [11].

Market Overview - A-shares and Hong Kong stocks experienced a decline in the afternoon, with the ChiNext Index and STAR 50 Index dropping over 1% [1] - The overall market turnover was approximately 1.45 trillion yuan, an increase of 138.6 billion yuan compared to the previous trading day [1] Port and Shipping Sector - The port and shipping sector rose by 3.83%, ranking first among industry sectors, with a weekly increase of 4.25% [2] - 31 out of 36 component stocks in this sector saw gains, with several stocks hitting the daily limit up [2] - The increase in trade volume is attributed to significant progress in US-China economic talks and the upcoming peak season for container shipments to the US [3] Agriculture Sector - The agriculture sector saw a resurgence, particularly in seed stocks, with notable gains from QiuLe Seed Industry and KangNong Seed Industry, which rose over 10% [4] - The agriculture and planting concept sector overall increased by 0.87%, with a weekly rise of 1.84% [4] - Recent regulatory measures by the Ministry of Agriculture aim to enhance seed quality and protect intellectual property in the seed industry [5] Departure Tax Refund Concept - The departure tax refund concept surged, with stocks like China National Ocean Shipping hitting a 30% limit up [7] - Recent data showed a 116% year-on-year increase in departure tax refund applications, indicating strong growth potential in this market [7] - The optimized departure tax refund policy is expected to boost consumption and benefit tourism retail operators [7] Banking Sector - The banking sector showed strength, with Minsheng Bank rising nearly 3% and reaching new highs for several banks [8] - Historical data suggests that the banking sector typically performs well during the traditional dividend distribution period in June and July [8] - Institutional investors are expected to continue long-term allocations in the banking sector, supporting its stability [8]