Entry port cuts service fees to boost international trade
The authority of the entry port in Xiamen city, Fujian province canceled several fees for customs declaration and inspection services on April 1.
The exempted costs include a 15 yuan fee for data transmission levied on customs brokers for each registration for a customs declaration. Access fees for each registration for inspection - three yuan for the import and export firms and 5 yuan for the customs brokers – are also removed.
The 15 yuan fee for data transmission levied on import and export firms for each registration for a customs declaration was lifted on June 1, 2015, in compliance with China's General Administration of Customs.
An official from the commerce bureau of Xiamen estimated that almost 40 million yuan ($6.2 million) will be saved by the firms and brokers in 2016 because of the cuts, which will be absorbed by the local government.
By Liu Sitong and edited by Peter Nordlinger
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.