Local authorities are deploying measures to convert inbound tourism into retail demand: expanding the 240-hour transit visa-free policy, accelerating rollout of immediate departure tax refunds, broadening merchant acceptance of foreign bank cards and mobile payments, and adding multilingual shopping guides in key districts. Beijing’s Xiushui Street operator said 1H footfall rose sharply, recording over 4.3 mln inbound visitors and about 2.0 bln yuan in inbound sales in 1H, up 550% and 350% YoY r

隔夜shibor報1.4130%，上漲0.3個基點；7天shibor報1.4310%，下跌2.2個基點；3個月shibor報1.4300%，與上日持平。點擊查看>>

The Bank of Japan said on Monday global AI-related demand could place sustained upward pressure on Japanese inflation, a development that could reinforce the case for its recent policy tightening. It noted that while AI adoption should raise productivity over the medium to long term and exert downward pressure on prices as firms and workers adjust, in the short term AI-driven investment could lift demand and push prices higher, potentially outweighing productivity gains. The BOJ flagged rising global producer prices partly driven by Middle East-related oil moves and partly by a positive global demand shock for AI-related goods, and said those spillovers, combined with import-cost increases from yen depreciation, could keep domestic inflation elevated for some time.