Hong Kong media: The central government may soon raise the tax exemption of shopping i

Hong Kong media reported that the Chinese central government will soon announce that the tax exemption of travelers visiting mainland China will soon be up to six times to boost Hong Kong's downturn retail industry.

The Hong Kong Ming Pao reported on Thursday (June 27) that during this year's National Two Council (National People's Congress and the CPPCC Annual Meeting), members of the CPPCC members of the Hong Kong CPPCC suggested to increase the tax exemption of tourists visiting Hong Kong.5,000 yuan (RMB, the same below, S $ 934) increased to 30,000 yuan.

Some sources said that the Chinese central government will announce this measure to increase tax exemption in the short term.Shao Jiahui, a Liberal Party wholesale and retail member, predicts that high -priced products such as electronic products and telephones may benefit.

Bloomberg pointed out that although Hong Kong does not impose tariffs on most import and export goods, when it is necessary to bring the goods purchased in Hong Kong back to mainland China, the official will tax the value of the tax exemption.

Many members of the CPPCC evaluate that it is imperative to increase tax exemption, but it should not increase the tax exemption amount at one time.

Some members of the CPPCC said that if the tax exemption causes a large number of mainland passengers to shop in Hong Kong, it may lead to further loss of consumption power in the mainland and impact to other mainland provinces and cities.Yuan.

Chen Zhongni, a representative of the National People's Congress and a member of the Legislative Council of the DPP, believes that increasing the tax exemption must be helpful for the Hong Kong retail industry, but "don't think it is very helpful."He said that the retail industry cannot regard measures such as "Ling Dan Trichic" and should improve the supporting facilities such as after -sales service in order to compete with Hainan Island and other places.

Chen Yong, a member of the Democratic Construction Federation, also said that it is very convenient to travel to other countries, provinces and cities at present, and relax the tax exemption measures to Hong Kong's tourism industry, but Hong Kong's service level and tourism characteristics still have toprogress.