China has recently made changes to its tax refund policy for foreign tourists, reducing the minimum purchase amount required to claim tax refunds from 500 yuan to 200 yuan. The maximum rebate limit has also been increased to 20,000 yuan in a bid to encourage more shopping by tourists. The government’s objective behind this decision is to stimulate domestic consumption and boost the economy. Additionally, authorities are planning to increase the number of tax refund shops and streamline the refund process to make it more convenient for tourists. These changes are expected to attract more foreign visitors and provide a significant boost to the retail sector in China.