China recently announced a significant change in its tax refund policy for foreign tourists, reducing the minimum purchase required to claim tax refunds from 500 yuan to 200 yuan. The maximum rebate limit has also been increased to 20,000 yuan. This decision is part of the government’s strategy to enhance domestic consumption and attract more tourists to shop in China. The authorities are focused on increasing the number of tax refund shops and streamlining the refund process for the convenience of visitors. By making these adjustments, China aims to boost its retail sector and provide a more attractive shopping experience for international tourists.