China’s new instant VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase, aiming to boost domestic consumption and streamline the retail-tourism ...

China's economy showed solid momentum in the first quarter of 2025, with tax data pointing to notable progress in high-quality development. Official value-added tax (VAT) invoice data released by ...

China has updated its tax refund policy for foreign ... Foreign visitors will now be able to instantly claim VAT rebates at tax-free stores, allowing them to fund further shopping and tourism ...