Core Viewpoint - The implementation of the departure tax refund policy in Hubei Province and Dalian City starting from July 1, 2025, aims to boost inbound tourism and enhance the international appeal of these regions [1][2]. Group 1: Departure Tax Refund Policy - The departure tax refund policy allows foreign travelers to receive a refund of the value-added tax on goods purchased in designated stores when leaving the country [2]. - Since the pilot program began in Hainan Province in 2011, 27 provinces and cities have announced the implementation of the departure tax refund policy, with 22 currently in effect [2][3]. - The tax refund rate is set at 11%, and the policy aims to stimulate inbound tourism and consumer spending [2][3]. Group 2: Inbound Tourism Growth - Hubei Province has seen a significant increase in inbound tourism, with a 31% year-on-year growth in visitor numbers and a 39% increase in spending from January 1 to June 11, 2025 [1][5]. - The number of foreign visitors enjoying visa-free entry through Wuhan's airport has surged by 160.87% compared to the same period last year [1][5]. - The extension of visa-free stay to 240 hours and the expansion of activity areas have further enhanced Hubei's attractiveness as a travel destination [4][5]. Group 3: Policy Support and Initiatives - The local government has introduced various measures to optimize services for foreign visitors, including enhancing payment convenience and improving accommodation registration processes [5][6]. - The "Know Your Hubei" cultural tourism promotion activities planned for 2025 aim to expand the overseas tourism market and sustain the growth of inbound tourism [5]. - The authorities are committed to ensuring a safe and orderly environment for tourists, which is essential for establishing Hubei as a world-renowned cultural tourism destination [6].

下月起，离境退税政策实施新增两地。据财政部6月16日发布的消息，大连市、湖北省自2025年7月1日 起，按照有关规定实施境外旅客购物离境退税政策。 目前，在离境退税政策优化扩容的助推下，境外旅客来华购物的热情正持续升温，入境消费潜力不断释 放。 中国数实融合50人论坛智库专家洪勇在接受《证券日报》记者采访时表示，我国扩大高水平对外开放政 策的落地见效，中国文化的国际影响力，以及支付和旅游服务的便捷性共同促进了入境消费的增长。其 中，优化离境退税政策等举措显著降低了境外旅客的消费成本，直接刺激了入境旅游消费。 4月份，商务部等六部门发布《关于进一步优化离境退税政策扩大入境消费的通知》（以下简称《通 知》），明确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。 具体而言，《通知》提出下调离境退税起退点、将现金退税限额上调至20000元人民币等举措，为吸引 境外旅客来华购物、激发入境消费潜力提供积极助力。 国家税务总局数据显示，《通知》中的政策措施实施首月（4月27日至5月26日），退税商店数量明显增 加，退税金额显著增长。全国税务部门办理离境退税笔数同比增长116%，退税商店销售额同比增长 ...

Economic Performance - In May, the national economy showed stable growth with industrial production increasing by 5.8% year-on-year, and equipment manufacturing and high-tech manufacturing growing by 9% and 8.6% respectively, outpacing the overall industrial growth by 3.2 and 2.8 percentage points [1] - The service sector's production index rose by 6.2% year-on-year in May, with significant contributions from information transmission, software, and IT services (11.2%), leasing and business services (8.9%), and wholesale and retail (8.4%) [1] - Retail sales saw a notable recovery, with total retail sales of consumer goods reaching 41,326 billion yuan, a year-on-year increase of 6.4%, accelerating by 1.3 percentage points from the previous month [1] Employment and Prices - The urban survey unemployment rate in May was 5%, a decrease of 0.1 percentage points from the previous month, indicating overall employment stability [2] - The Consumer Price Index (CPI) fell by 0.1% year-on-year and 0.2% month-on-month, while the core CPI, excluding food and energy, increased by 0.6% year-on-year, reflecting a slight acceleration in inflation [2] Investment and Trade - Fixed asset investment (excluding rural households) from January to May totaled 191,947 billion yuan, growing by 3.7% year-on-year, with a notable 7.7% growth when excluding real estate development investment [1] - The total value of goods imports and exports in May reached 38,098 billion yuan, with exports increasing by 6.3% and imports decreasing by 2.1% [1] Corporate Developments - GAC Aion faced employee stock valuation issues, with employees potentially recovering only 42% of their investments due to significant devaluation [5] - Tencent launched an algorithm competition with substantial rewards to attract global talent, supporting its recruitment efforts and enhancing its machine learning capabilities [5] - Xiaomi's automotive factory achieved a production capacity of 20,000 to 30,000 vehicles per month, showcasing high levels of automation [6] - Gree Titanium New Energy announced a court-ordered freeze on its 100% stake in Zhuhai Guangtong Automobile, stemming from past management issues, but stated that operations remain unaffected [6] International Developments - The U.S. Department of Justice is reviewing Alphabet's proposed $32 billion acquisition of cybersecurity startup Wiz for potential antitrust concerns [8] - Santos received a non-binding acquisition offer from a consortium led by Abu Dhabi National Oil Company, valuing the company at $18.7 billion [8] - MicroStrategy announced the purchase of 10,100 bitcoins for approximately $1.05 billion, bringing its total holdings to 592,100 bitcoins [9]

据中新网报道，中国财政部等部门16日公布，自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。 公司方面，大连友谊、武商集团分别为大连、湖北本地零售股。 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 江海证券认为，此前免税店针对的顾客包括国内消费者和国外旅游者，免税店主要以进口商品为主，国 产商品进入免税店比重较小，部分免税店销售国有商品其实是有税商品，且品类有限。此次即买即退政 策后，预计免税店会引入更多的国产商品，退税流程也将更加便捷。 此外，利好国内的商贸零售行业，特别是百货公司，百货公司可申请增加退税和"即买即退"业务，境外 旅客退税便利度提升。 社会服务方面，万联证券认为，"即买即退"服务措施全面推广，后续一系列政策推出有效提升我国国际 旅游吸引力，预计国际客流量将迎来较大增长，利好从事跨境业务的旅行社。 此外据南方财经网报道，目前，四川全省"即买即退"离境退税商店较新政策实施前的49家扩展至84家， 退税服务网络进一步扩大。 4月底，国家税务总局等六部门4月27日联合发布通知，离境退税起退点从500元下调至200元，并在转账 退税已明确不设上限的基础上， ...

免签：中国单方面免签"朋友圈"增至47国 国家税务总局数据显示，政策措施实施首月，全国税务部门办理离境退税笔数同比增长116%，退税商店销售额同比增长56%；"即买即退"业务试点推广至 全国，办理数量同比增长32倍，销售额比去年同期增长50倍；新增离境退税商店1303家，全国离境退税商店已增至5196家，为2024年底的1.4倍。 交流：首次中肯文化和旅游季活动在肯尼亚启动 6月9日起，中方对沙特、阿曼、科威特、巴林持普通护照人员试行免签政策。至此，适用单方面免签政策来华国家已扩展至47个。 自2025年6月9日至2026年6月8日，沙特、阿曼、科威特、巴林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。 加上2018年全面互免签证的海合会成员国阿联酋和卡塔尔，中方已实现对海合会国家免签"全覆盖"。 退税：优化离境退税政策首月笔数同比增长116%！ 优化离境退税政策实施首月（4月27日至5月26日），全国税务部门办理离境退税笔数同比增长116%，退税商店数量明显增加，退税金额显著增长，为吸引 境外旅客来华购物、激发入境消费潜力提供积极助力。 据了解，广州至香港的飞行距 ...

·商务部发布关于原产于欧盟的进口相关猪肉及猪副产品反倾销调查的延期公告：根据《中华人民共和 国反倾销条例》的规定，2024年6月17日，商务部发布2024年第23号公告，决定对原产于欧盟的进口相 关猪肉及猪副产品进行反倾销立案调查。鉴于本案情况复杂，根据《中华人民共和国反倾销条例》第二 十六条的规定，商务部决定将本案的调查期限延长至2025年12月16日。 ·6月10日，财政部社会保障司负责人葛志昊在国新办新闻发布会上表示，在"一老一小"服务方面，财政 部积极配合有关部门完善养老育幼服务体系，推进社区支持的居家养老服务，加强失能老年人照护服 务，促进普惠托育服务高质量发展，抓紧建立实施育儿补贴制度，有关工作正在加快推进，确保更好满 足人民群众对"一老一小"方面的服务需求。 ·6月10日，国家发展改革委副秘书长肖渭明在国新办新闻发布会上表示，预计今年支持社会事业的中央 预算内投资规模将比"十三五"末提高30%以上。在组织实施"硬投资"项目同时，国家发展改革委还将加 快出台落实"软建设"的举措，完善"项目+政策"双轮驱动，推动以投资换机制，努力做到补短板、扩内 需、惠民生效益的充分显现。 【重点关注】 ·《直播电 ...

在北京，市税务局立足北京文旅资源和"老字号"品牌优势，联合文旅部门启动"退税商店进景区"专项行 动，深入文旅部门直属的9家景区内商业网点进行全覆盖式政策辅导，推动景区内文创店、纪念品店加 入退税商店。截至目前，北京市离境退税商店增至1300余家，其中国货品牌占比40%，27个"老字号"品 牌备案门店161家，实现故宫、天坛等9家5A级景区文创店全面覆盖。 在上海，税务部门持续优化"即买即退"模式，创新推出商场"集中退付"服务，有效疏通单户商铺自备退 税现金的堵点。新政实施以来（截至5月27日），上海新增"即买即退"商店超60家，"即买即退"销售额 同比增长132倍，新增新天地（301277）、淮海路、第一百货等"即买即退"集中退付点3个，目前全 市"即买即退"集中退付点共11个，覆盖浦东、黄浦、徐汇、静安等重点商圈。 国家税务总局最新数据显示，政策措施实施首月（4月27日—5月26日），全国税务部门办理离境退税数 量同比增长116%，退税商店销售额同比增长56%；"即买即退"业务办理数量同比增长32倍，销售额比 去年同期增长50倍；新增离境退税商店1303家，全国离境退税商店已增至5196家，为2024年底的 ...

据新京报，6月10日，国家税务总局发布的最新数据显示，进一步优化离境退税政策和服务措施落地首 月(4月27日—5月26日)，全国税务部门办理的离境退税笔数同比增长116%，退税商店销售额同比增长 56%；"即买即退"业务试点推广至全国，办理数量同比增长32倍，销售额比去年同期增长50倍；新增离 境退税商店1303家，全国离境退税商店已增至5196家，为2024年底的1.4倍。国家税务总局货物和劳务 税司有关负责人介绍称，政策措施实施以来，税务总局进一步加强部门协同，及时升级优化信息系统， 加大政策宣传辅导力度，指导各地税务机关深入商圈、企业讲解政策内容，发布覆盖14个语种的退税指 南和商店指引，有力推动离境退税服务便利化水平持续提升。 ...

金十数据6月10日讯，国家税务总局会同商务部等六部门于4月27日发布通知，进一步优化离境退税政策 和服务措施。政策措施实施首月（4月27日—5月26日），退税商店数量明显增加，退税金额显著增长， 为吸引境外旅客来华购物、激发入境消费潜力提供积极助力。国家税务总局最新数据显示，政策措施实 施首月，全国税务部门办理离境退税笔数同比增长116%，退税商店销售额同比增长56%；"即买即 退"业务试点推广至全国，办理数量同比增长32倍，销售额比去年同期增长50倍；新增离境退税商店 1303家，全国离境退税商店已增至5196家，为2024年底的1.4倍。 （一财） 离境退税新政实施首月办理退税笔数同比增长116% ...

Core Insights - The optimization of Beijing's departure tax refund policy has significantly enhanced the convenience for foreign travelers, stimulating inbound consumption activity [1][2][3] Group 1: Departure Tax Refund Data - From January to May 2025, Beijing Customs verified a total of 12,180 departure tax refund applications, amounting to approximately 478 million yuan, representing year-on-year increases of 147.01% and 91.61% respectively [3] - At Capital Airport, 8,972 applications were verified, showing a year-on-year growth of 114.13%, with a total amount of approximately 405.56 million yuan, up 80.19% [3] - At Daxing Airport, 3,208 applications were verified, with a staggering year-on-year increase of 332.93%, totaling approximately 72.38 million yuan, which is a 197.21% increase [3] Group 2: Policy Enhancements - The departure tax refund policy has been continuously upgraded since its nationwide implementation in 2015, including measures such as immediate refunds, increased refund stores, and simplified refund processes [2][4] - In April 2025, a new policy was introduced to enhance the departure tax refund service, resulting in a 90% increase in sales of tax refund goods and a 225% increase in the number of applications in the first month [4] - The establishment of 176 new tax refund stores was reported in the first month following the new policy, further expanding the availability of tax refund services [4] Group 3: Impact on Consumer Behavior - The departure tax refund policy not only benefits foreign travelers but also serves as a vital channel for promoting Chinese goods and culture abroad [5] - The policy has attracted a diverse range of foreign tourists, with the number of countries represented by tax refund travelers increasing from 84 in Q1 2024 to 116 in 2025 [6] - The implementation of a 240-hour visa-free transit policy has significantly boosted the number of foreign visitors, with a 22.3% year-on-year increase in traveler numbers at Beijing Customs [6]