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Tourists to retrieve 11% on purchases made in China

Updated: Jan 19,2015 11:31 AM

The Ministry of Finance has announced that foreign tourists can now claim tax refunds on purchases across China.

According to the plan, foreign tourists and those from China’s Hong Kong, Macao and Taiwan -- who have lived on the Chinese mainland for no more than 183 days -- can receive a rebate of eleven percent on consumer goods purchased at designated department stores.

The minimum purchase for a tax refund is five hundred yuan, or about $82, at any one store in one day. China began a pilot tax refund program on the south island province of Hainan at the beginning of 2011. The new policy is expected to boost inbound trips and domestic consumption.