(By Shi Na) The launching ceremony of the tax rebate policy for overseas tourists from Qinhuangdao sponsored by the municipal government was held at the Modern Shopping Mall. Deputy Mayor Feng Zhiyong attended the event and delivered a speech.
On the same day, South Korean tourist Lee Tae-koan, after shopping at the Modern Shopping Mall and completed the tax refund application form, became the first overseas tourist to apply for a departure tax rebate in the city. Lee Tae-koan said that the tax rebate policy brings real benefits to tourists like him. All of the tax refund shops are major shopping malls and large supermarkets in Qinhuangdao, and the product quality and service are guaranteed.
Feng Zhiyong pointed out that on May 1, Hebei province officially implemented the overseas tourist tax refund policy. Qinhuangdao Port and Beidaihe Airport are two of the three departure tax rebate ports in the province. The implementation of the policy is of great significance for the city to boost the consumption of foreign tourists, promote the export of specialty products, create a good image for opening up, and advance the development of first-class international tourist city.
The tax rebate policy refers to a preferential policy for overseas tourists to return their value-added tax (VAT) on the tax refunded goods purchased at the designated tax refund shop when they leave the country at airports, ports, etc. This policy applies to foreigners and Hong Kong and Macao compatriots who stay inside China within 183 consecutive days, and 90 days within the purchase date of the goods. They can get their 11% VAT refund when they depart from an officially opened port with a tax refund agency, as long as they meet the conditions of the same person buying tax refunded goods with payment exceeding the prescribed standard from the same shop on the same day.
By far, the city has two departure tax rebates— Qinhuangdao Port and Beidaihe Airport. Tax refund shopping malls include the Modern Shopping Mall, Hualian Department Store, Maoye Mall, Jindu Square and supermarket, and Xinglong Guangyuan Supermarket (including Sun City branch, Baitaling branch, Shanhaiguan Laolongtou branch and Jiahui Supermarket Beidaihe Lianfeng Road branch). Departure tax refund agency is Qinhuangdao Bank Co., Ltd.