China will extend its value-added tax refund policy for inbound tourists to a series of new locations from July 1, including the northern coastal city of Dalian and the central province of Hubei.
It is just the latest in a series of moves by Beijing to make it easier for tourists to get tax refunds on retail purchases made during their trips. Other recent changes include allowing tourists to claim refunds at stores as well as border crossings.
The new policies are designed to stimulate the Chinese economy by offering tourists a bit of cash back, in the hope they will use that money to buy even more.
Compared with other countries offering tax refunds โ such as Australia, Canada and Japan โ China is a relative newcomer, with its refunds limited to a smaller number of regions and stores. But there are still significant savings to be made.
Who qualifies for departure tax refunds in China?
Visitors from any foreign country who spend fewer than 183 days in mainland China before departing are eligible for refunds. Tourists from Hong Kong, Macau and Taiwan also qualify.