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    China scraps customs supervision charge from October 1 to ease trade

    THE cancellation of China's customs supervision charge will come into effect October 1 in a bid to mitigate the heavy pressure on foreign trade companies during such a harsh time caused by the downturn, Xinhua reports.

    According to the Ministry of Finance, China will also exempt all inbound and outbound goods from inspection and quarantine fees from October 1 to December 31

     

    These measures are expected to help domestic foreign trade enterprises save CNY 3.5 billion.