金十数据4月27日讯，国家税务总局修改《境外旅客购物离境退税管理办法（试行）》，其中包括将第 十条第七项修改为："同一境外旅客同一日在同一退税商店内购买退税物品的金额未达到200元人民 币"。将第二十二条中的"10000元人民币"修改为"20000元人民币"等。 相关链接 国家税务总局修改《境外旅客购物离境退税管理办法（试行）》 ...

4月27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。其中提出，放宽离境 退税商店备案条件。将离境退税商店备案条件在现行的纳税信用级别A级和B级基础上增加M级，允许 新开商店在符合其他相关规定的前提下成为退税商店。优化离境退税商店备案流程，符合条件的商店向 其主管税务机关备案后即可成为退税商店，主管税务机关应在收齐备案资料的5个工作日内完成备案。 建立健全退税商店退出机制，加大违规违法行为处罚力度。 ...

金十数据4月27日讯，商务部等6部门关于进一步优化离境退税政策扩大入境消费的通知。通知指出，优 化离境退税支付服务。将现金退税限额上调至20000元人民币。推动退税代理机构与支付机构、清算机 构等加强合作，在风险可控的前提下，通过移动支付、银行卡、现金等多种方式提供退税服务，更好满 足境外旅客多样化支付服务需求。 商务部等6部门：优化离境退税支付服务 将现金退税限额上调至20000元人民币 ...

商务部等6部门关于进一步优化离境退税政策扩大入境消费的通知。通知指出，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。提升退税商品供给水平。指导退税商店根据境外旅客需求，不断丰富和优化商品供给，增加老字号 产品、中国消费名品、智能产品、非遗产品、工艺美术产品、地理标志产品、文化创意产品、名优特 产、体育用品等优质产品供应。 ...

Core Insights - Chengdu's social retail sales reached 273.27 billion yuan in Q1, marking a 6.0% year-on-year increase, which is 2.7 percentage points faster than the previous year's overall growth [2] - The growth in consumption is attributed to multiple initiatives, including the "trade-in for new" policy, streamlined tax refund processes for outbound travelers, and the introduction of new retail experiences [2][7] Consumption Market - Restaurant revenue was 35.75 billion yuan, growing by 4.3%, while retail sales of goods reached 237.52 billion yuan, increasing by 6.2% [2] - Notable growth in specific categories included telecommunications equipment (197.2%), sports and entertainment products (22.2%), and food and beverage (15.5%) [2] Tax Refund and International Consumption - The "immediate buy and refund" scheme has become a highlight, with tax refund sales and amounts increasing by 270% year-on-year, accounting for 41.4% of the total for 2024 [3] - The number of foreign travelers utilizing tax refunds grew by 225%, with transaction volumes increasing by 206% [3] New Store Openings and Events - Chengdu welcomed 148 new stores and hosted over 50 premiere events in Q1, contributing to a vibrant consumption atmosphere [4][5] - The "FA@Chengdu" initiative aims to enhance the city's consumption and market vitality through a three-year action plan [4] Consumer Incentives - The "trade-in for new" policy has generated over 17 billion yuan in consumer activity in Q1, with increased subsidies and operational convenience [7][8] - The combination of various subsidies has led to significant participation in the trade-in program, with 80% of sales in certain categories coming from subsidized products [8] Future Outlook - Chengdu plans to activate spring consumption potential through a series of events and activities from early April to the end of May, engaging over 10,000 merchants across 23 districts [6]

国务院新闻办公室定于2025年4月27日下午3时举行新闻发布会，商务部副部长盛秋平和财政部、文化和 旅游部、海关总署、税务总局、中国民航局有关负责人介绍优化离境退税政策扩大入境消费有关情况， 并答记者问。 ...

Core Insights - The total number of tax refund applications from international travelers at Beijing Capital Airport and Daxing Airport reached 4,801 in Q1 2025, with a total refund amount of approximately 240 million yuan, marking a year-on-year increase of 122.47% and 81.64% respectively, setting a historical high for the "dual-hub" airports [1] - The implementation of the 240-hour visa-free transit policy has significantly boosted the number of foreign visitors to China, with 9.215 million foreign entries recorded nationwide in Q1, a 40.2% increase compared to the same period last year, of which 6.57 million were visa-free entries, accounting for 71.3% [1] - To accommodate the increase in tax refund business, Beijing Capital Airport Customs has set up multiple refund verification points in the departure channels and added electronic screens and dedicated signage to inform travelers about the tax refund policies and procedures [1] Group 1 - The Daxing Airport customs declaration counter has been enhanced with a dedicated luggage conveyor belt for tax refund items, allowing for quicker processing and verification of goods [2] - A tax refund rate of 11% is applied to eligible purchases, as demonstrated by a traveler from Russia who processed a refund for various items bought in Shanghai [2] - The introduction of ten measures by Beijing Customs to promote inbound tourism and consumption aims to encourage more merchants to become tax refund stores, thereby expanding the shopping options for inbound tourists [2]

4月22日，大盘走势分化，沪指午后冲高回落，创业板指则陷入调整。 近期行业政策密集发布，离境退税、跨境支付概念在不断利好加持下涌现活跃资金。 1.两市主力资金净流出超200亿元 今日沪深两市主力资金开盘净流出121.92亿元，尾盘净流出14.21亿元，两市全天主力资金净流出205.98亿元。 | | | 沪深两市最近五个交易日主力资金流向情况 (亿元) | | | | --- | --- | --- | --- | --- | | 日期 | 净流入金额 | 开盘净流入 | 尾盘净流入 | 超大单净买入 | | 2025-4-22 | -205.98 | -121.92 | -14.21 | -68.05 | | 2025-4-21 | 148.97 | 8.57 | 33.25 | 134.59 | | 2025-4-18 | -140.17 | -102.52 | 8.92 | -20.98 | | 2025-4-17 | -30.91 | -2.37 | -21.31 | 43.44 | | 2025-4-16 | -347.09 | -89.76 | -8.77 | -139.22 | 2.沪深300主 ...

2025 年 04 月 20 日 财政支出进度有望加快 宏观研究团队 宏 观 研 究 宏 观 经 济 点 评 开 源 证 券 证 券 研 究 报 相关研究报告 《当前高频数据指向 4 月出口同比转 负—宏观周报》-2025.4.20 《关税对冲政策组合：杠杆、约束与 推演—看多中国系列之二》-2025.4.19 《政策可能超预期—看多中国系列之 一》-2025.4.18 ——宏观经济点评 何宁（分析师） 沈美辰（分析师） hening@kysec.cn 证书编号：S0790522110002 shenmeichen@kysec.cn 证书编号：S0790524110002 事件：3 月，全国一般公共预算收入 16333 亿元，全国一般公共预算支出 27719 亿元。政府性基金预算收入 2866 亿元，政府性基金预算支出 8411 亿元。 一般财政支出还有提速空间 1、3 月财政收入小幅回暖。3 月狭义财政收入实现正增长（+0.25%），较前值有 所改善。一季度财政收入仍低于 2024 年同期，1-3 月公共财政收入 6 万亿元，同 比下滑 1.1%。从结构看，税收收入增长不及预算，非税收入增速边际继续下降。 ...

离境退税2.0版本"即买即退"举措正式推向全国！ 4月8日，国家税务总局官网发布《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》，对离境退税"即买即退"的主要内容、办理流程和施行时 间作出明确规定，将该项服务措施从多地试点推广至全国，为境外旅客提供更加便捷、多样化的退税选择。 据悉，离境退税"即买即退"此前已在上海、北京、广东、四川、浙江、深圳等地开展试点。日前，深圳市商务局、国家税务总局深圳市税务局联合发布深 圳第九批离境退税商店名单，截至目前，深圳全市离境退税商店已超400家。 "即买即退"究竟如何操作，有何便利？证券时报记者实探了解到，离境退税"即买即退"措施针对在中国大陆境内购物的境外旅客，其在境内符合条件的商 店购物之后，可前往指定服务点办理退税并现场领取退税款，随后在指定的时间内前往出境口岸海关处办理相关查验手续，即可完成退税整个流程。 "即买即退"现场提现参与品牌多为高端奢侈品 深圳市商务局官方平台显示，深圳万象城被授予深圳市首个"即买即退"便利退税服务试点项目。记者来到深圳罗湖万象城走访发现，该购物中心内，包括 爱马仕、DIOR等在内的多家品牌专卖店都在"即买即退"之列。深圳万象城官 ...