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flag China lowers tax refund threshold and expands refund stores to boost tourism and spending.

flag China has announced new tax refund policies aimed at boosting inbound tourism and consumption. flag 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. flag 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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