China's optimized departure tax refund policy is boosting spending by inbound tourists, with the number of consumers who enjoyed tax refunds up 248% year on year, and tax refund sales up 98% in the first eight months, Vice Minister of Commerce Sheng Qiuping said at a Wednesday press conference.
September 18, 2025China's newly released measures to increase service consumption have drawn significant attention, with officials and experts saying the package will optimize service supply, stimulate new demand, promote high-quality development and improve people's well-being.
September 18, 2025Chinese authorities have rolled out a package of measures to augment service consumption, as part of broader efforts to spur domestic demand and unleash consumption potential.
September 17, 2025