Core Points - The Bank of China Inner Mongolia Branch has successfully launched a tax refund service for overseas travelers, becoming the only agency in the region to do so [1][3] - This initiative is supported by local government departments and aims to enhance the convenience of inbound consumption and optimize the business environment in Inner Mongolia [3] - The service has established connections with multiple airports and land ports, ensuring a smooth implementation of the tax refund process [1][3] Summary by Sections Implementation of Tax Refund Service - The Bank of China Inner Mongolia Branch is the sole agency for overseas travelers' shopping tax refunds in the region [1] - The bank has coordinated with the local commerce department, tax bureau, and central bank to facilitate this service [1] Operational Readiness - Five tax refund points have been set up at key locations, including Hohhot Baita International Airport and ports in Manzhouli and Erenhot [1] - The bank has prepared service points, streamlined business processes, and trained personnel to ensure effective service delivery [1] Future Prospects - The initiative is expected to attract more foreign tourists and invigorate market activity in Inner Mongolia [3] - The Bank of China Inner Mongolia Branch plans to continue enhancing its cross-border service capabilities and customer satisfaction [3] - The goal is to leverage financial services to support the region's development as an international cultural and tourism consumption hub [3]

Core Insights - The combination of the National Day and Mid-Autumn Festival has led to a significant increase in domestic tourism and consumption, showcasing the vibrant activity of "moving China" during the 8-day holiday period [1] Group 1: Tourism Trends - Popular tourist destinations during the holiday included Nanjing, Chengdu, Xi'an, Beijing, Chongqing, Wuhan, Changsha, Luoyang, Shanghai, and Guangzhou, as reported by Meituan Travel [2] - In Chongqing, a unique event called the "Riverside Hot Pot Feast" attracted tourists, combining local cuisine with entertainment, highlighting the city's vibrant atmosphere [3][4] Group 2: New Consumption Drivers - Sports events have emerged as a new engine for consumption, with the Wuhan Tennis Open attracting many fans during the holiday, offering special benefits to enhance their experience [5] - The integration of intangible cultural heritage (ICH) experiences into tourism has gained popularity, with events like the "Xiang Embroidery Carnival" and "Tea Hundred Plays" in Changsha promoting local crafts and traditions [7] Group 3: International Tourism and Spending - The increase in international visitors to China has been notable, with Shanghai remaining a top destination, and a significant rise in flight operations and passenger numbers during the holiday [8] - The introduction of the "Laihua Tong" app by Bank of China aims to enhance the experience for foreign visitors by addressing payment and language barriers, facilitating a smoother travel experience [9]