China has recently announced a reduction in the minimum purchase requirement for foreign tourists looking to claim tax refunds, decreasing it from 500 yuan to 200 yuan. Additionally, the maximum rebate limit has been raised to 20,000 yuan in a bid to attract more international visitors to shop in the country. This initiative is part of the government’s efforts to stimulate domestic consumption and boost the economy. The authorities are also working on increasing the number of tax refund shops and simplifying the refund process to make it more convenient for tourists. The new regulations are expected to make shopping in China more attractive for foreign visitors and encourage them to spend more while visiting the country.

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China cuts minimum purchase for tax refunds to 200 yuan, aims to boost domestic consumption with easier process.
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