China has recently lowered the minimum purchase requirement for foreign tourists to claim tax refunds, from 500 yuan to 200 yuan. The maximum limit for tax refunds has also been increased to 20,000 yuan. This initiative is part of the government’s efforts to encourage more foreign tourists to shop in the country and boost domestic consumption. The aim is to attract more tourists to take advantage of the tax refund policy and increase the number of tax refund shops. Additionally, the government plans to streamline the tax refund process to make it more convenient for tourists. This move is expected to have a positive impact on the retail sector and stimulate economic growth.