Visitors to Shanghai can now save 9% on their purchases as the country has introduced its first Tax Free Shopping scheme for foreign visitors.
From today, Global Blue, the world’s leading Tax Free Shopping provider, has partnered with Bank of China to make the service in Shanghai widely available and help retailers to provide the best Tax Free Shopping service to their international customers.
Almost 200 stores in Shanghai have already signed up to the TFS scheme, including major department stores [e.g. Takashimaya, Pacific, Parkson and Bailian (Group) Department Stores], luxury brands (e.g. Chanel, Hermes, Tiffany and Louis Vuitton), high street names (e.g. Zara, Bershka and Marks & Spencer) and local retailers (e.g. Silk King, Lao Feng Xiang Jewellery and Chow Tai Fook Jewellery).
In a few simple steps, international shoppers from can make savings on both consumable and non-consumable goods that they will export in their personal baggage, including fashion and beauty items, watches and jewellery, and alcohol.
For more information, please see the press release