China expands tax refund stores for tourists to 10,000 by 2025, aiming to boost inbound travel.

China aims to boost inbound tourism by expanding tax refund stores for overseas visitors to around 10,000 by 2025, nearly tripling the current number of 3,700. The starting point for tax refunds has been lowered to 200 yuan, and the cash refund limit doubled to 20,000 yuan. These changes are designed to reduce shopping costs for tourists and encourage more international visitors to shop in China.