In a bid to boost domestic consumption and attract more foreign tourists, China has announced a reduction in the minimum purchase amount required for foreign tourists to claim tax refunds. The new minimum purchase limit has been lowered to 200 yuan, down from the previous 500 yuan. Additionally, the maximum rebate limit has been set at 20,000 yuan. The Chinese government also plans to increase the number of tax refund shops and streamline the refund process to make it more convenient for tourists. This move is part of China’s efforts to stimulate domestic spending and encourage more foreigners to visit the country. By making it easier for tourists to claim tax refunds on their purchases, China hopes to attract more visitors and boost its tourism industry.