<br><br>**Title** China Unveils Enhanced Departure Tax Refund Policy to Attract Foreign Visitors<br><br>China has taken another significant step in its efforts to become a global tourist destination by unveiling a revised departure tax refund policy aimed at optimizing its services for overseas visitors. The new policy aims to further boost inbound consumption and solidify China's position as a popular tourist destination.<br><br>**Key Highlights**<br><br>The minimum purchase threshold for departure tax refunds has been lowered to 200 yuan (approximately $27.75), allowing foreign travelers to apply for a refund if they spend at least this amount at the same store on the same day. Additionally, refunds will be available through multiple channels, including mobile payments, bank cards, and cash, to accommodate diverse payment preferences.<br><br>Furthermore, the upper limit for cash refunds has been increased from 10,000 yuan to 20,000 yuan, providing foreign visitors with greater value for their China trips.<br><br>**What This Means**<br><br>The new policy builds on China's recent efforts to boost global exchanges and mobility, such as easing visa policies, enhancing payment accessibility, and streamlining customs clearance. These facilitation measures are expected to increase the attractiveness of China as a global tourism destination, providing tourists with greater value for their China trips.<br><br>**Expert Insights**<br><br>Chinese Vice Minister of Commerce Sheng Qiuping emphasized the importance of duty-free rebates in lowering shopping costs for foreign visitors and injecting new impetus into boosting inbound consumption. Other experts agree that the departure tax refund policy will bring greater benefits to foreign tourists visiting China, contributing to domestic consumption and reducing the deficit in services trade.<br><br>**What's Next**<br><br>As part of this policy, more departure tax refund stores will be set up in major shopping areas, pedestrian streets, tourist sites, resorts, cultural venues, airports, passenger ports, and hotels. These stores are encouraged to broaden their product offerings to include time-honored brands, renowned Chinese consumer goods, smart devices, intangible cultural heritage items, crafts, and specialty products.<br><br>**Conclusion**<br><br>China's enhanced departure tax refund policy is a significant step forward in opening up the market and catering to the practical needs of tourists. With its emphasis on convenience, accessibility, and value, this policy is expected to further boost China's attractiveness as a global tourist destination and contribute to domestic consumption.<br><br>**Keywords** Departure Tax Refund Policy, Foreign Visitors, Inbound Consumption, Tourism, Travel
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