Guangdong issued overseas tourists with tax refunds since July 1. That policy is of great importance for Guangzhou to gear to international standard. Some believe peaks of tax refund will appear in the 120th Canton Fair as increasing number of overseas tourists come to Guangzhou.
Up to July 11, 11 tax refund applications have been issued by designated department stores with the total tax inclusive value of 32,651 Yuan. Meanwhile, Guangzhou Baiyun Airport and Guangzhou Nansha Port also deal with refund business with amount of 3,878 Yuan.
(by Will & Emily)