Over­seas vis­i­tors to get tax re­funds

China Daily (Canada) - - FRONT PAGE -

Over­seas vis­i­tors will soon be able to claim tax re­funds on pur­chases across China, the Min­istry of Fi­nance an­nounced.

Over­seas tourists and those from Hong Kong, Ma­cao and Tai­wan who have lived on the Chi­nese main­land for no more than 183 days will be el­i­gi­ble for a re­bate of 11 per­cent on con­sumer goods bought at des­ig­nated depart­ment stores.

The min­i­mum pur­chase to qual­ify for a tax re­fund is 500 yuan (about $81) at any one store in a day.

It is un­clear how many ci­ties will ap­ply to join the plan.

How­ever, ac­cord­ing to ex­perts and ex­pa­tri­ates, the big­gest prob­lem the pol­icy faces is that most for­eign tourists do not come to China to buy well-known brands. A man­ager at a duty-free shop in Shang­hai said in­ter­na­tional tourists do not have much en­thu­si­asm for prod­ucts they can buy more cheaply at home.

WANG JING / CHINA DAILY

When the mer­cury plum­mets in Changchun, ex­hil­a­ra­tion surges be­cause it’s time for the an­nual ice and snow fes­ti­val. More than 107 mil­lion vis­i­tors have at­tended 17 an­nual fes­ti­vals, gen­er­at­ing 117.5 bil­lion yuan ($19 bil­lion) in rev­enue since the events’ in­cep­tion, the provin­cial gov­ern­ment says.

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