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.
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.
