Core Viewpoint - The implementation of the departure tax refund policy in Jilin Province starting September 1, 2025, aims to enhance the shopping experience for international travelers and stimulate domestic consumption [1][2]. Group 1: Policy Implementation - The departure tax refund policy allows international travelers to receive VAT refunds on purchases made at designated stores upon leaving the country [1]. - Multiple regions, including Sichuan, Guangxi, Beijing, and Chongqing, have introduced new measures related to departure tax refunds to better meet the needs of international tourists [1]. Group 2: Economic Impact - Attracting international tourists and expanding inbound consumption is a key direction for China's economic development [2]. - The expansion of departure tax refund policies is expected to increase tourism revenue and promote the growth of retail, dining, and accommodation sectors, contributing to a more mature domestic consumption market [1]. Group 3: Consumer Behavior - Recent statistics indicate a significant increase in inbound tourism, with 131.9 million visitors in 2024, marking a 60.8% growth [3]. - Inbound tourists tend to frequent large shopping centers and are particularly interested in Chinese products such as silk, tea, and traditional ceramics, with domestic electronics also gaining popularity due to their cost-effectiveness [3]. Group 4: Policy Optimization - Data from the National Taxation Administration shows a substantial increase in departure tax refund stores, exceeding 7,200, with a 186% rise in the number of refund recipients [4]. - Experts suggest that there is still room for optimization in the departure tax refund policy, recommending a comprehensive system that enhances connectivity among customs, taxation, payment, and logistics to facilitate immediate refunds and postal tax refunds [4].

Core Insights - The popularity of "China shopping" and "China travel" continues to rise, with a significant increase in the number of overseas travelers engaging in cross-border shopping and benefiting from optimized tax refund policies [1][2] Group 1: Tax Refund Policy and Impact - The number of tax refund stores in China has more than doubled, exceeding 7,200, with a 186% year-on-year increase in the number of people enjoying tax refunds [1] - Tax refund sales and amounts have increased by 94.6% and 93.2% year-on-year, respectively, indicating a strong growth in inbound consumption [1] - The implementation of the tax refund policy in Dalian has shown promising results, with expectations of over 10% sales growth for local businesses [3] Group 2: Shopping Experience Enhancements - The introduction of "immediate refund" services allows travelers to receive tax refunds quickly at the point of purchase, enhancing the shopping experience [2][3] - The establishment of centralized tax refund points in major shopping districts in cities like Beijing and Guangzhou has improved convenience for travelers [8][9] Group 3: Product Variety and Local Features - There is an increasing variety of products available for tax refund, including local specialties and cultural items, which are being promoted to enhance the shopping experience [5][6] - The focus on integrating international luxury brands with local products aims to create a diverse shopping environment that appeals to both domestic and international consumers [5] Group 4: Technological Innovations in Tax Refund Process - The "code refund" system allows travelers to process tax refunds online, significantly improving efficiency by over 40% [6][7] - Self-service tax refund machines have been introduced in major retail locations, streamlining the application process for travelers [7] Group 5: Future Developments and Strategies - The government aims to further enhance the tax refund system by expanding the range of eligible products and improving the shopping experience through technology and service innovations [5][10] - There are plans to establish cross-province mutual recognition of tax refund services, allowing travelers greater flexibility in their travel arrangements [10][11]

Group 1 - The popularity of "China travel" and "China shopping" continues to rise, with a significant increase in the number of tax refund stores and participants in the tax refund program [1][3][5] - The number of tax refund stores in China has exceeded 7,200, with a year-on-year increase of 186% in the number of people enjoying tax refunds, and sales and refund amounts growing by 94.6% and 93.2% respectively [1] - The implementation of the tax refund policy in Dalian has shown positive results, with expectations of over 10% sales growth for local businesses [3][4] Group 2 - Major brands like Huawei and DJI are preparing to apply for tax refund store registration, indicating a growing interest in the tax refund program among high-profile retailers [4] - Beijing has over 1,500 tax refund stores, with 40% of them featuring domestic brands, enhancing the local shopping experience [4][5] - Shanghai has established a comprehensive tax refund service network with over 1,400 stores, processing refunds for over 80,000 travelers from 174 countries [5] Group 3 - The introduction of "code refund" services allows travelers to complete tax refund processes via mobile, significantly improving efficiency by over 40% [7][8] - Self-service machines for tax refund applications have been implemented in Shanghai, easing the burden during peak shopping times [8] - New centralized refund points in major shopping areas provide travelers with more convenient options for processing refunds [9][10] Group 4 - The mutual recognition of departure ports for tax refunds allows travelers more flexibility in their travel arrangements, enhancing the overall shopping experience [11][12] - Future plans include expanding the tax refund program to include cruise ports and improving inter-provincial cooperation for tax refunds [12]

Core Insights - The implementation of the departure tax refund policy has significantly boosted inbound consumption, with "China Purchase" sales nearly doubling in the first half of the year [1][2] Group 1: Policy Impact - The number of departure tax refund stores has increased to over 7,200, with the number of people enjoying tax refunds rising by 186% year-on-year [1] - Tax refund sales and amounts have grown by 94.6% and 93.2% respectively compared to the previous year [1] Group 2: Consumer Experience - New shopping experiences have emerged, with travelers enjoying immediate tax refunds upon purchase, enhancing their shopping satisfaction [3] - The introduction of "code refund" services allows travelers to complete tax refund processes online, improving efficiency by over 40% [7][8] Group 3: Local Business Opportunities - Local businesses, including high-end watch retailers, anticipate sales growth of over 10% due to the departure tax refund policy [3] - Major brands like Huawei and DJI are preparing to apply for tax refund store registration, indicating a growing interest in the policy [4] Group 4: Enhanced Convenience - The establishment of centralized tax refund points in major shopping areas has made the process more convenient for travelers [9][10] - New measures allow travelers to choose from multiple departure points for tax refunds, increasing flexibility in travel arrangements [11]

Core Insights - The popularity of "China travel" and "China shopping" continues to rise, with a significant increase in the number of overseas travelers shopping in China and benefiting from the enhanced tax refund policies [2] Group 1: Tax Refund Policy Enhancements - The number of tax refund stores in China has more than doubled, exceeding 7,200, with a 186% year-on-year increase in the number of people enjoying tax refunds [2] - Tax refund sales and amounts have increased by 94.6% and 93.2% year-on-year, respectively [2] - New upgrades to the tax refund policy are expected to sustain the momentum of inbound consumption [2] Group 2: Local Market Developments - Dalian has implemented a tax refund policy for overseas travelers, showing promising growth in sales, with expectations of over 10% increase for local businesses [4] - Local brands like Huawei and DJI are preparing to apply for tax refund store registration, indicating a growing interest in participating in the tax refund program [5] - Beijing has over 1,500 tax refund stores, with 40% of them featuring domestic brands, highlighting a strong local flavor in the tax refund shopping experience [5] Group 3: Technological Innovations in Tax Refund Process - The "code refund" service allows travelers to complete tax refund applications online, significantly improving efficiency by over 40% [8] - Innovations such as self-service machines for tax refund applications are being introduced to streamline the process and reduce wait times [8] Group 4: Enhanced Traveler Experience - New centralized refund points in major shopping districts provide travelers with more convenient options for processing tax refunds [10] - The introduction of mutual recognition of departure ports allows travelers more flexibility in their travel arrangements, enhancing the overall shopping experience [12][13]