Business · Economy · 1 day ago

Beijing aims for 5,000 tax-refund shops by 2030

Beijing aims for 5,000 tax-refund shops by 2030

Beijing has set a goal of having 5,000 shops offering tax refunds to departing visitors by 2030.

The target is part of a newly released plan to develop the city as an international consumer centre.

The plan also aims to bring in 8,687 first stores and create 65 distinctive consumer districts.

It proposes making tax refunds easier, including expanding services at key locations and allowing refunds through a paperless process.

The plan also seeks to attract brands and cultural events, promote tourism, and develop new shopping experiences.

These measures are intended to strengthen Beijing’s shopping and tourism offerings, and the 2030 targets set out what the city aims to achieve.

Sources

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