China debuts instant tax refunds for tourists through overseas e-wallets

Source: China – South China Morning PostChina has introduced its first tax refund service via overseas e-wallets, allowing travellers departing from Shenzhen to instantly claim refunds as part of Beijing’s broader efforts to boost inbound tourism.
Backed by the Shenzhen Taxation Bureau and the local branch of the People’s Bank of China, Ant International’s Alipay+ global payment platform partnered with tax refund agent Guangdong Huaxing Bank to launch the service on Monday, the city government announced on its official social media…Read More

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