China expands instant tax refund program for foreign tourists
China’s State Taxation Administration announced the nationwide rollout of its “instant tax refund” program for foreign tourists on April 8, allowing eligible travelers to receive tax refunds at the point of purchase rather than upon departure. The initiative, previously piloted in cities such as Shanghai and Beijing, is now ready for broader implementation. Aimed at enhancing the shopping experience and convenience for overseas visitors, the program is part of a broader effort to stimulate inbound tourism and boost domestic consumption.