In the first 11 months of this year, the amount of goods for which tax refunds were issued upon leaving Guangdong reached 17.5 billion yuan.
According to the Guangdong Branch of the General Administration of Customs, the linkage between the 15th National Games, the Paralympic Games, and the Canton Fair has activated the consumption engine, leading to an increase in the heat of the inbound market. As of the end of November this year, Guangdong Customs has jointly verified 93,000 departure tax refund applications, with a total amount of 17.5 billion yuan of tax refund goods, which is 7.5 times and 2 times respectively compared to the same period last year, achieving a substantial growth. The business growth rate has steadily ranked among the top in the country.
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