Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Beijing has 524 departure tax refund shops

November 27, 2017


Abstract : The number of departure tax refund shops in Beijing has increased to 524 since the city introduced the tax refund policy for overseas tourists in 2015, according to the Beijing Municipal Commission of Commerce.

三亚免税店

 

BEIJING, Nov. 25 (Xinhua) -- The number of departure tax refund shops in Beijing has increased to 524 since the city introduced the tax refund policy for overseas tourists in 2015, according to the Beijing Municipal Commission of Commerce.

In July 2015, Beijing launched the policy of departure tax refunds for foreign tourists who make purchases at designated shops.

Foreign visitors who spend 500 yuan or 80 U.S. dollars or more at a designated shop will be able to apply for a refund equivalent to 11 percent of the amount spent.

Beijing VAT refund shops are promoting electronic invoices to realize paperless customs declaration, examination and tax payment.

Currently, Beijing has provided tax rebate service for overseas visitors from 135 countries and regions. The sales volume of relevant goods where the refund was applied hit 250 million yuan (about 38 million U.S. dollars).

Scan the QR code and push it to your mobile phone

Keyword: tax-refund duty-free-shop

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial