入境消费强劲增长，上海市离境退税累计受理业务笔数同比增长253%，对应退税销售额同比增长 132.6%。 新华财经上海1月4日电上海市商务委介绍，据消费市场大数据实验室（上海）数据，元旦期间（1月1 日-2日），上海全市日均消费金额122.0亿元，同比2025年元旦（1月1日）增长2.5%。其中，线下日均 消费金额64.9亿元，与去年持平。线上日均消费金额57.1亿元，同比增长5.5%。监测上海全市35个重点 商圈的日均客流639.9万人次，同比增长5.4%。 来沪游客消费金额和消费人次分别同比增长4.4%和7.0%。长三角地区来沪消费占比较高，江苏消费人 次占比最高为21.3%，浙江次之为8.9%。 （文章来源：新华财经） ...

入境游热度持续攀升，国际消费中心城市既是吸引境外游客的引力场，也是消费市场实力、活力的呈现 窗口。聚焦丰富离境退税商品供给，上述相关负责人告诉记者，突出产品创新，聚焦外籍人士追捧度高 的科技、国货产品，成都推动国之瑰宝、小米之家、时尚百盛、四川方所等特色品牌商户成为"即买即 退"商户，并新增蜀锦蜀绣、熊猫文创等离境退税商品品牌，推动"蓉品出海"。 拉动入境消费更进一步增长，还要在更多细节上下功夫。 比如，市商务局联合市税务局推出"成都离境退税指南"和宣传动画，并投放到天府国际机场、双流国际 机场、春熙路商圈、交子商圈的重点商场离境退税咨询点。同时，成都已构建"大额刷卡、小额扫码、 现金兜底"的支付体系，90%以上重点商圈支持国际卡支付，针对境外旅客较多的消费场景，积极打造 支付便利化精品商圈，让境外旅客"买得放心、退得省心"。 转自：成都日报锦观 退税"秒到账"带火成都入境消费 上月30日举行的成都市委经济工作会议强调，"持续用力扩大开放合作，不断提升开放型经济发展水 平。" 作为入境消费重要区域之一，佛罗伦萨小镇率先在成都奥特莱斯领域推出"即买即退"服务，还增加了即 时翻译设备，可提供14国语言翻译服务，为 ...

近日，中国银联推出"Nihao China"App，旨在系统性解决境外来华人士在换汇、支付、沟通等方面面临 的现实问题，依托数字化、平台化手段，打通入境服务的"最后一公里"。 这正是中国持续扩大开放、拥抱八方宾朋的生动缩影。2024年12月17日，我国将原有的72小时和144小 时过境免签政策统一延长至240小时。截至2025年12月16日，全国各口岸入境外国人4060万人次，同比 增长27.2%，其中通过240小时过境免签人数较政策优化前同比增长达60.8%。 "一定要带空箱子去中国！"上海南京东路的国产潮玩店门口，外籍游客排起长队；深圳华强北商圈里， 跨越重洋的采购商选品下单；海南三亚国际免税城内，前来选购的外国面孔日益增多……"旅游+扫 货"的体验，让许多外国游客直呼"真香"。 还要推动服务从"可支付"向"全场景好用"升级。今年以来，外国游客出行半径从北京、上海等大城市不 断延伸，追求深度的文化体验，走进中国百姓生活。南京推出入境旅客"乐游卡"，涵盖通信网络、便捷 支付、智慧出行等功能；浙江上线智慧服务平台"嗨游"，整合AI大模型技术实现实时互译……各地只有 坚持因地制宜，不断拓展服务场景，才能更好满足 ...

Core Viewpoint - The "Shopping in China · All Fujian Shopping" inbound consumption carnival aims to create new consumption scenarios and promote the deep integration of commerce, culture, and tourism in Fujian, showcasing the province's vitality and charm in opening up to the outside world [1][2] Group 1: Inbound Consumption Promotion - Expanding inbound consumption is a key measure for deepening opening up and boosting consumption, as well as creating new consumption scenarios and nurturing new growth points [1] - Fujian has implemented several substantial policies to promote inbound consumption, including the "Measures for Facilitating Inbound Consumption for Foreign Visitors" introduced in July, which optimizes the entire process of inbound consumption from payment convenience to service enhancement [1] - From January to November, the number of tax refund stores in the province increased to 320, with nearly 200 "immediate refund" stores, indicating the gradual effectiveness of these policies [1] Group 2: New Retail and Consumption Services - Fujian has established a "duty-free + tax refund" dual-driven consumption service system to enhance shopping convenience for inbound travelers [2] - The opening of the first city duty-free store in Fuzhou on December 18 marks a significant step in creating an international consumption platform, utilizing a new retail model that combines "duty-free + taxable," "imported + domestic," and "offline + online" [2] - The event featured various local product exhibition areas, showcasing distinctive public brands and local goods, facilitating the international market entry of traditional brands and high-quality domestic products [2] Group 3: Comprehensive Consumption Promotion Platform - The "Shopping in China · All Fujian Shopping" theme has successfully created a comprehensive consumption promotion platform through collaboration among government, enterprises, and the market [2] - The carnival serves as a concentrated display of Fujian's efforts to promote consumption, stabilize foreign trade, and expand openness, while also adapting to consumption upgrade trends and connecting with international markets [2]

Core Insights - The opening of Fuzhou's first city duty-free store marks a significant step in enhancing inbound consumption experiences, attracting tourists with a new shopping model that allows for "slow shopping in the city and airport pickup" [1][4] - The implementation of various inbound consumption facilitation policies has led to a notable increase in the number of duty-free shops and sales, with a reported sales volume of nearly 200 million yuan in tax refunds from January to November this year [1][10] Group 1: Duty-Free Store Details - The Fuzhou city duty-free store spans 857 square meters and is a collaboration between China Duty Free Group, Fujian Tourism Development Group, and Xiamen Xiangye Group, featuring an innovative model that combines duty-free and taxable goods, as well as imported and domestic products [4][5] - The store offers around 1,300 selected products from approximately 140 international and domestic brands, including 15 intangible cultural heritage brands and 4 time-honored Chinese brands [4][10] Group 2: Tourist Experience - Tourists from various countries, such as Singapore and the UK, expressed satisfaction with the shopping experience, highlighting the convenience of mobile payments and the ability to leisurely select products without the rush typically associated with airport duty-free shopping [6][7] - The store's offerings include unique local products, such as souvenirs and cultural items, which enhance the appeal for international visitors [6][8] Group 3: Policy and Market Expansion - Fujian province has been proactive in expanding its duty-free consumption landscape, with multiple duty-free stores opening in key locations, including Fuzhou Changle International Airport and Xiamen [7][10] - Recent policies aim to enhance the inbound tourism experience, with a target of attracting 5.5 million inbound tourists and generating over 6 billion USD in tourism spending by the end of 2026 [12][14] Group 4: Consumer Events and Promotions - The "Shopping in China: All Fujian Shopping Carnival" event was launched to promote local products and enhance consumer engagement, showcasing various regional brands and products [9][11] - The initiative aims to facilitate the international market entry of high-quality local goods through duty-free and tax refund channels, thereby accelerating the "going global" process for domestic products [9][12]

Group 1 - The "Buy in China · All Fujian Shopping" inbound consumption carnival aims to create new consumption scenarios and promote the deep integration of commerce, culture, and tourism in Fujian, showcasing the province's vitality and charm in opening up to the outside world [1][6] - The Fujian Provincial Department of Commerce emphasizes that expanding inbound consumption is a crucial measure for deepening opening up and boosting consumption, aiming to create new consumption scenarios and cultivate new growth points [3][6] - Fujian has implemented several substantial policies to promote inbound consumption, including the introduction of measures for payment convenience, tax refunds, product supply, and service enhancement, resulting in an increase in tax refund stores to 320, with nearly 200 "buy and refund" stores [5][6] Group 2 - The province is actively building a "duty-free + tax refund" dual-driven consumption service system, with the opening of the first city duty-free store in Fuzhou marking a significant step in creating an international consumption platform [5][6] - The carnival features various local public brands and products, showcasing regional specialties and promoting high-quality Fujian products to international markets, thereby accelerating the "going global" process of domestic goods [5][6] - The event serves as a comprehensive platform for consumption promotion, foreign trade stabilization, and opening up, aligning with the trend of consumption upgrades and connecting with the international consumer market [6]

Core Insights - The outbound tax refund business in Henan has seen significant growth, with the number of overseas travelers increasing nearly 13 times year-on-year, sales amount rising nearly 9 times, and actual tax refunds growing nearly 10 times in the first ten months of the year, indicating a robust recovery in inbound consumption and activation of the cultural tourism market [1][2][3] Group 1: Outbound Tax Refund Business Growth - The number of overseas travelers utilizing the tax refund service in Henan has increased by nearly 13 times year-on-year [1] - The sales amount related to the tax refund has risen by nearly 9 times [1] - The actual tax refund amount has grown by nearly 10 times [1] Group 2: Policy Implementation and Impact - Henan began implementing the outbound tax refund policy for overseas travelers in March 2017, with a pilot of the "immediate refund" measure starting in August 2025 [2] - The average registration time for tax refund stores has been reduced to within 3 working days, and the number of tax refund stores has doubled to 40 by the end of October [2] - The policy changes have lowered the entry barriers for new brands and local products, enhancing the quality and quantity of tax refund stores [2] Group 3: Economic and Tourism Implications - The growth in the outbound tax refund business reflects a strong recovery in the inbound tourism market and indicates that the benefits of the optimized tax refund policy are being fully realized [3] - The upgraded tax refund policy has improved the shopping experience for overseas travelers and activated potential consumption in the inbound market [3] - The influx of inbound consumption is driving high-quality collaborative development in tourism, retail, and financial services, injecting new momentum into the optimization and upgrading of the provincial industrial structure [3]

Group 1: Macroeconomic Perspective on Inbound Consumption - Inbound consumption has been growing rapidly, with inbound tourists reaching 131.9 million in 2024, a year-on-year increase of 60.8%, and total spending of $94.2 billion, up 77.8% [1] - The proportion of inbound consumption to GDP in China is approximately 0.5%, compared to 1% to 3% in major countries, indicating significant growth potential [2] - The Chinese government is focusing on enhancing the inbound consumption environment, as highlighted in the 14th Five-Year Plan, which aims to cultivate international consumption centers and improve the convenience of inbound tourism [2] Group 2: Advantages and Challenges of Inbound Consumption - China possesses rich natural and historical resources, with 60 UNESCO World Heritage sites, and a robust manufacturing sector that offers diverse products at competitive prices [2] - The supply capacity of tourism infrastructure is currently insufficient, which may constrain the overall experience for inbound tourists [3] - The government is working on optimizing tourism public service systems to match the high-quality development of the tourism industry [3] Group 3: Market Trends and Financial Environment - The U.S. Federal Reserve has lowered the federal funds rate, impacting global markets, with tech stocks experiencing volatility while cyclical and financial sectors show gains [4] - The A-share market is experiencing a mixed performance, with a notable increase in the computing power chain, while the overall trading volume has decreased [9] - The liquidity in the market remains loose, with overnight funding rates hitting new lows, indicating a supportive monetary policy stance [22][23] Group 4: Policy and Economic Outlook - The central economic work conference emphasized the need for a more proactive fiscal policy, aiming to stabilize investment growth and optimize the use of special bonds [25][26] - The government is focusing on enhancing financial support for the real economy, with an emphasis on maintaining low financing costs and improving the efficiency of monetary policy tools [22][23] - The upcoming policies are expected to address structural issues in the economy, including the optimization of consumption policies and the resolution of local government debt risks [28][36]

Group 1: Macroeconomic Overview - In the second week of December, U.S. stocks and bonds priced in a rate cut, with the 10-year yield rising to 4.19%[4] - The actual GDP growth for December is projected at 4.28%, with nominal GDP at 3.93%[4] - The actual and nominal GDP for the entire year are estimated at 4.98% and 3.95%, respectively[4] Group 2: Inbound Consumption Insights - Inbound tourism in 2024 saw 131.9 million visitors, a 60.8% increase, with total spending reaching $94.2 billion, up 77.8%[9] - Inbound consumption accounted for approximately 0.5% of GDP in 2024, with potential growth to 1.5% representing a market increase of around 2 trillion yuan[9] - The number of tax refund stores exceeded 10,000, with sales of tax refund goods increasing by 97.5% in the first eight months of 2025[9] Group 3: Policy and Structural Developments - The "14th Five-Year Plan" emphasizes the cultivation of international consumption centers and the enhancement of inbound tourism convenience[10] - The central economic work conference highlighted the need to optimize the inbound consumption environment and promote the "Shop in China" brand[10] - Policies are being implemented to improve tourism infrastructure and public services to support high-quality tourism development[10]

Group 1 - The core viewpoint emphasizes the need to optimize the implementation of the "two new" policies, allowing local governments more autonomy [1] - The "old-for-new" consumption policy has significantly boosted sales of related products, with the penetration rate of new energy vehicles nearing 60% by November [1] - There is a strong demand for sports events and cultural tourism, indicating a vibrant consumption environment [1] Group 2 - Future actions will include deepening the implementation of special measures to boost consumption and formulating plans to increase urban and rural residents' income [1] - The government aims to enhance the basic pension for urban and rural residents, aligning with the goal of leading new supply with new demand [1] - There is a focus on expanding the supply of quality goods and services to adapt to changes in consumption structure, while also clearing unreasonable restrictions in the consumption sector [1] Group 3 - The potential for inbound consumption growth is significant, with plans to optimize the inbound consumption environment and promote the "Buy in China" brand [1]