China lowers minimum amount for tax refunds for tourists to boost spending
- China has announced a lower threshold for tax refunds for foreign tourists, allowing refunds for purchases of at least 200 yuan starting Saturday, according to a joint statement by the Ministry of Commerce and other authorities.
- The upper limit for cash refunds has been raised to 20,000 yuan, alongside plans to expand the number of tax refund shops and streamline procedures.
- Sheng Qiuping, Vice Minister of Commerce, stated that inbound tourist consumption accounted for about 0.5% of China’s GDP in 2024, indicating significant growth potential.
- The government aims to improve tax refund services and expand tax refund stores to enhance the shopping experience for overseas travelers.
43 Articles
43 Articles
China lowers minimum amount for tax refunds for tourists
BEIJING, China — China announced a lower threshold for tax refunds for foreign tourists among a series of policies on Sunday to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington. Travelers can apply for a tax refund if they spend 200 yuan (about $27) at the same
China lowers threshold for tax refund for foreign visitors
China unveiled a set of measures on Sunday to further optimize its departure tax refund policy to better meet overseas tourists' needs and expand inbound consumption. Chinese observers and industry participants said the continued opening up move will elevate China's standing as a global tourist destination and contribute to domestic consumption by giving foreign tourists more benefits.

China lowers minimum amount for tax refunds for tourists to boost spending
China has lowered the minimum amount tourists spend to get tax refunds as part of measures to boost consumption as its economy comes under pressure during a trade war between Beijing and Washington.
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