BEIJING, June 26 — China is injecting confidence and vitality into the world economy by emerging as a new shopping destination for global tourists, according to a think tank report released Friday.
Titled “Shopping in China: Sharing New Opportunities of Open Development,” the report was released by the Xinhua Institute, a think tank affiliated with Xinhua News Agency.
While global economic growth remains sluggish and various risks and challenges like protectionism and unilateralism mount, China remains committed to pursuing innovation-driven and high-quality development, acting in openness and cooperation, the report said, citing upgraded policies in visa-free entry and tax refunds upon departure.
In 2025, the number of inbound and outbound crossings made by foreign travelers in China reached 82.035 million, a year-on-year increase of 26.4 percent. The number of international travelers claiming tax refunds rose by 305 percent year on year, with sales of tax-refunded goods up 95.9 percent, and refund amounts up 95.8 percent.
“Chinahaul” has emerged as a phenomenal hashtag on overseas social media platforms. Topics like “Becoming Chinese” and “Chinamaxxing” have each attracted hundreds of millions of views.
The vibrancy of inbound consumption is underpinned by the strong momentum of Chinese modernization, the report said.
China has created a premier consumer destination featuring complete product categories, a wide range of choices, and excellent experiences. Powerful industrial support ensures the supply of high-quality, diversified, and cost-effective products, according to the report.
Moreover, profound cultural appeal fosters strong cultural resonance that spans historical heritage, lifestyle aesthetics, and philosophical reflection. Comprehensive policy safeguards provide a convenient, efficient, and smooth shopping environment, the report said.
“Shopping in China” has emerged as an important bridge linking China and the world, serving as a powerful force to foster global trade in services, safeguard economic globalization, drive the structural upgrade of global consumption, shape China’s national image, and enhance cultural exchanges and mutual learning among civilizations, the report said. (Namibia Daily News/Xinhua)
