Top News
Tianjin customs cuts 430 million USD worth of duty
Last Updated: 2019-01-21 09:42 | Xinhua
 Save  Print   E-mail

The customs in north China's Tianjin Municipality said Friday that it has reduced and exempted tariffs totalling 2.9 billion yuan (430 million U.S. dollars) in 2018.

The customs handled 22.5 billion yuan of imported goods and deducted about 1.5 billion yuan of tax the whole year, partially lowering the prices of imported goods for domestic consumers, it said.

As for exports, the customs assisted nearly 2,200 companies in acquiring tariff concession worth about 1.4 billion yuan. Major export products included mechanical and electrical products, chemicals and steel products.


Share to 
Related Articles:
  • Sports
  • Soccer
  • Basketball
  • Tennis
  • Formula One
  • Athletics
  • Others
  • Entertainment
  • Celebrity
  • Movie & TV
  • Music
  • Theater & Arts
  • Fashion
  • Beauty Pageant
About | About the Economic Daily | Contact us
Copyright 2003-2020 China Economic Net. All right reserved
Tianjin customs cuts 430 million USD worth of duty
Source:Xinhua | 2019-01-21 09:42
Share to