Chinese tourists left $130 million in Europe
Updated: 2013-08-09 16:32
(chinadaily.com.cn)
|
|||||||||||
Chinese tourists to Europe left behind 800 million yuan ($130.8m) in unclaimed tax refunds in 2012, according to a report from world’s largest tourist company.
The report issued by Global Blue estimates that at an average 10 percent average tax refund, Chinese consumers who toured Europe could have collected around 2.4 billion yuan ($392.4m) tax refunds last year. One-third of the reimbursements entitled from purchases in Europe were left behind by the world’s number one tourist group.
Zhan Yi, a manager of an outbound tourism company said being unaware of the application procedure and the language barrier may be two major reasons hindering Chinese visitors getting tax refunds.
Chinese tourists spent $102 billion (623.85 billion yuan) overseas last year, making China jump to the first place in outbound tourism consumption from the seventh place in 2002. From the total some $4.1 billion (24.4 billion yuan) was spent in Europe.
Related Stories
Chinese grab luxury goods abroad 2011-12-24 09:20
Chinese prefer to buy luxury items overseas 2011-11-22 17:12
Global execs to lure Chinese consumers 2013-06-09 02:57
Today's Top News
China's inflation rises 2.7% in July
Budget show cuts in provincial spending
Trade data improve economic prospects
Pharm giant suspected of bribery
Beijing rejects protest over patrol
China Unicom tests 4G network
Switching tactics in ambitious new move
US realty market 'connects dots' with China buyers
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Couples tie knot across Straits |
County linked with outside world |
Urban push |
Reaching for the summit |
New energy vehicles await fuel injection |
Language: Spreading the word |