china's domestic demand breaks through limitations from an international perspective

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

in recent years, with the upgrading of domestic consumption and the vigorous development of international trade, the city duty-free shop policy has made significant progress, which marks that china is actively promoting its internationalization strategy and taking new steps. the ministry of finance, the ministry of commerce, the ministry of culture and tourism, the general administration of customs and the state administration of taxation jointly issued the "notice on improving the city duty-free shop policy" (hereinafter referred to as the "notice"), which clearly stipulates that from october 1, 2024, the management of city duty-free shops will be regulated in accordance with the "interim measures for the management of city duty-free shops" (hereinafter referred to as the "measures").

specifically, the notice focuses on adjusting the operation mode of city duty-free shops and makes policy adjustments to some duty-free shops. for example, the existing six city duty-free shops in beijing, shanghai, qingdao, dalian, xiamen and sanya will be subject to the measures from the date of implementation of the notice. in addition, the existing 13 foreign exchange commodity duty-free shops in beijing, shanghai, harbin and other places will be transformed into city duty-free shops within 3 months from the date of implementation of the notice. the implementation of these policies will have a far-reaching impact on the domestic market.

the significance and challenges of internationalization

"internationalization" is a strategic behavior of enterprises or individuals to conduct business on a global scale, involving comprehensive changes in company resources, production processes, marketing strategies, culture and management models. it is not just a simple cross-border operation, but also a concept of openness and integration to the world, aiming to achieve greater business opportunities and profit growth by establishing connections with markets, customers and suppliers in different countries and regions.

internationalization requires enterprises to break through their own limitations, be brave to try new models and strategies, and adapt to different cultural backgrounds and environments. only by fully integrating international thinking can they gain advantages in global competition and ultimately achieve sustainable corporate development.

domestic demand breaks through limitations and promotes consumption upgrade

in the domestic market, the operating model of duty-free shops has been constantly innovating. for example, beijing duty free shop provides consumers with a personalized shopping experience through "experiential" duty-free services; shanghai duty free shop takes "high-end" and "luxury" as its core values ​​to attract more high-end consumers. these measures reflect chinese entrepreneurs' understanding of internationalization strategies and their keen grasp of market demand.

"breaking through limitations in domestic demand" is an important direction to promote consumption upgrades. through policy adjustments, we can promote interaction between duty-free shops and consumers, enhance consumers' shopping experience, and ultimately achieve the goal of consumption upgrades.

national image and market vitality

improving the policy on duty-free shops in the city is not only an important measure to promote consumption growth and enhance market vitality, but also an important means to promote further economic development.

the government has formulated policies to attract more international tourists to china for tourism and consumption, thereby enhancing the country's image and market vitality. at the same time, improving the implementation of the city's duty-free shop policy has also provided convenient conditions for international trade, promoting domestic demand growth and internationalization.