BEIJING, (Xinhua) -- China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded.
Between April 27 and May 26, the number of departure tax refund transactions processed by the country's tax authorities jumped 116 percent year on year, and sales at tax refund stores climbed 56 percent, the State Taxation Administration said on Tuesday.
The country has expanded its refund-upon-purchase service model nationwide, with the number of related transactions increasing 32-fold and sales surging 50-fold year on year, according to data released by the administration.