Core Points - Beijing's tax authority announced the expansion of the "immediate refund" service for outbound travelers, increasing the cumulative limit for tax refunds from 50,000 yuan to 220,000 yuan [1] - The new service includes the establishment of centralized refund points across the city, allowing travelers to process tax refunds at various locations [1] Group 1 - The cumulative limit for tax refund items for outbound travelers has been raised from 50,000 yuan to 220,000 yuan [1] - New centralized refund points will be added to facilitate the "immediate refund" service, supporting tax refund applications issued by all participating stores [1] - The process for the "immediate refund" service includes store issuance of tax refund application, customs verification, agency review, and tax department settlement [3] Group 2 - The first batch of centralized refund points will officially operate starting June 1, 2025, with locations in Wangfujing, Financial Street, and Guomao Mall [3] - Specific addresses for the centralized refund points include Wangfujing Street, Financial Street Shopping Center, and Jianguomen Outer Street [3]

Core Points - The article discusses the implementation of a new tax refund policy for international travelers in China, allowing for immediate refunds at the point of sale, which enhances the shopping experience and stimulates consumer spending [1][2] - The policy aims to simplify the traditional tax refund process, which was often cumbersome and deterred foreign tourists from making purchases [1] - The initial results of the policy have shown significant increases in sales and tax refunds in cities like Chengdu, with sales and refunds growing by 270% and 225% respectively in the first quarter of 2025 [1] Group 1 - The "immediate refund" service allows international travelers to receive tax refunds on-site after making purchases, significantly improving the shopping experience [1] - The policy has been expanded from pilot locations to nationwide implementation, indicating a strategic move to boost the inbound consumption market [1][2] - The new tax refund process has led to a notable increase in the number of international travelers engaging in tax refunds, with transaction volumes also rising dramatically [1] Group 2 - The policy is expected to stimulate related industries such as accommodation, dining, and transportation, thereby enhancing overall economic vitality [2] - Challenges in implementing the policy include the need for stores to adopt a tax refund management system and coordinate with local tax agencies, but these issues are being addressed through improved regulatory measures [2] - The introduction of policies like visa exemptions and immediate refunds reflects China's commitment to high-level openness and aims to attract more international visitors, fostering cultural exchange and economic cooperation [2]