China has recently announced a reduction in the minimum purchase requirement for foreign tourists to claim tax refunds, lowering it from 500 yuan to 200 yuan. Additionally, the maximum rebate limit has been set at 20,000 yuan. This new initiative is part of the government’s efforts to boost domestic consumption and attract more foreign tourists to shop in China. The aim is to increase the number of tax refund shops and streamline the refund process for a more convenient experience for tourists. By making it easier for foreign visitors to claim tax refunds on their purchases, China hopes to stimulate spending and support the growth of the retail sector. This move is expected to have a positive impact on the country’s economy and tourism industry.