On May 18, China introduced version 2.0 of its departure tax refund policy, making shopping tax refunds more convenient for overseas visitors.

First, the refund procedures have been simplified. Starting July 1, China will implement random spot-checks on tax refund applications for purchases under 10,000 yuan. Only overseas travelers selected for inspection will need to have their purchased goods verified in person by customs. Travelers who have lost their paper application forms and sales invoices need not worry. From July 1 this year, customs authorities and tax refund agencies will no longer require the submission of the related paper documents.

Second, the refund process has become easier. The new policy will promote cross-regional recognition of the "instant tax refund" scheme. For example, foreign tourists can shop in Hebei Province and claim refunds when departing from Shanghai, Sichuan Province, or anywhere else in China. In addition, the deadline for overseas visitors to depart from China after claiming their refund payment will be uniformly extended to 28 days.

To offer overseas tourists a wider selection of premium shopping destinations, the new policy also aims to ensure that tax refund services are available in nearly all major commercial areas, scenic areas, markets, and ports in different regions. For overseas exhibitors and business visitors attending major events such as the China International Import Expo (CIIE), the Canton Fair, and the China International Consumer Products Expo (CICPE), the new policy calls for the establishment of special departure tax refund service zones at these venues to make shopping and tax refunds easier.

(Source: CCTV News App)