The Jimei Street in Xiamen has been designated as the pilot cultural town for overseas Chinese in Fujian province, according to a circular issued by the provincial overseas Chinese affairs office.
The move is aimed at strengthening the protection of the former residences and distinctive old mansions of overseas Chinese. The construction of the cultural town can enhance recognition of cultural identity among overseas Chinese, according to the office.
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.