China now offers instant tax refund to tourists in bid to boost consumption. Here’s how it works

Since April 27, visitors to China who spend at least 200 yuan (S$36) at the same store on the same day are eligible for the instant tax refund. - Photo: ST

BEIJING: Visitors to China might soon find it easier to claim tax rebates at store checkouts – and that could mean a little extra cash to spend during their trip and fewer queues at the airport.

Experts say this could boost the economy, but the key will be getting more retailers on board with the programme.