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China lowers tax refund threshold and expands refund stores to boost tourism and spending.
China has announced new tax refund policies aimed at boosting inbound tourism and consumption.
The government plans to expand the number of tax refund stores in key locations like airports and hotels, and lower the minimum refund threshold to 200 yuan from 500 yuan.
This move aims to attract more foreign tourists and increase their spending in China, supporting economic growth amid weak domestic demand.
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China baja el umbral de reembolso de impuestos y amplía las tiendas de reembolso para impulsar el turismo y el gasto.