Guangdong: Accelerating Duty-Free Store Development and Enhancing Departure Tax Refund 'Buy-and-Refund' Services
2025-04-22 / Read about 0 minute
Author:小编   

On April 21, the Guangdong Provincial Government convened a meeting to analyze the economic situation in the first quarter, underscoring the necessity of special measures to stimulate consumption. The meeting highlighted the need to foster the trade-in of consumer goods, unlock the consumption potential in sectors such as automobiles, home appliances, kitchen and bathroom appliances, mobile phones, and wearable devices. It further emphasized the vigorous promotion of duty-free store construction and the optimization of departure tax refund services, also known as the 'Buy-and-Refund' initiative. Simultaneously, the meeting stressed the significance of the real economy and manufacturing, pledging to sustain the growth of investments in industrial technological transformation, support the intelligent and digital transformation of traditional industries, and foster emerging industries like artificial intelligence and robotics. Additionally, the meeting proposed bolstering the application of new technologies, products, and scenarios, and nurturing new productive forces tailored to local conditions.