China's Tax Refund Sales Surge 94.6% in Early 2025

Tax-refund-upon-departure sales in China experienced a remarkable increase of 94.6 percent in the first half of 2025, underscoring the country's growing prominence as an attractive shopping destination for international tourists. He Yadong, a spokesperson from China's Ministry of Commerce (MOFCOM), announced these insights on Thursday.
He Yadong attributed the surge in tax refund sales to ongoing developments in international consumption center cities. Since the State Council approved major cities like Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing for international consumption hub status back in July 2021, 2025 marks the four-year milestone for these initiatives.
The spokesperson highlighted that the retail sales of consumer goods across these five cities surpass one-eighth of the national total. Notably, consumer goods imports account for over half of this figure, with tax refund sales contributing approximately 70 percent.
To enhance the shopping experience, these cities have prioritized improving payment convenience, optimizing departure tax refund services, and fostering an international-friendly consumption atmosphere. A recent overhaul of the departure tax refund policy in April has facilitated the establishment of over 1,400 tax refund stores in both Beijing and Shanghai, while Guangzhou happily reports more than 500 such stores.
In addition to traditional shopping avenues, the cities are actively promoting innovative consumption methods, including digital, green, and health-conscious options. The push for the 'debut economy' is particularly aimed at elevating the quality of consumption and showcasing new brands.
Some 12,000 first stores from domestic and international brands have been inaugurated over the past four years, drawing renowned global brands for their debut launches and exhibitions within these consumption hubs.
The cities' strategies not only enhance shopping options but also aim to amplify their global standing. They benchmark against world-class cities to improve commercial space planning and develop iconic business districts while also satisfying everyday consumer needs through localized '15-minute living circles.'
Looking ahead, the Ministry of Commerce plans to further the growth of international consumption hub cities by fostering an internationalized environment, expanding quality consumption offerings, and innovating diverse consumption scenarios. The goal is to establish cities characterized by dynamic commercial ecosystems, lively marketplaces, and content residents.
This positive trajectory not only boosts domestic confidence but also reinforces China's status in the global economic landscape, emphasizing its commitment to facilitate international trade and bolster the economy.
Global Times reports that these developments are integral to China's ongoing efforts to enhance its appeal as a top shopping destination, aligning with broader international trade objectives.
Read These Next

AMD Su Zifeng Critiques High Chip Costs at TSMC US Factory
AMD's CEO says TSMC's Arizona chip costs 5%-20% higher than Taiwan, impacting future production and market dynamics.

China Power Construction Stock Surge Amid Stability
Analysis of recent significant stock price movements of China Power Construction Co., Ltd. amidst stable operational status, emphasizing the need for investor caution and long-term strategic thinking.

AI World Takeover: No Reliance on a 'Kill Switch'
The article discusses the implications of AI systems potentially exceeding human intelligence, highlighting the challenges of traditional safety measures like 'kill switches,' and raising ethical questions for future governance frameworks.