Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Policy

China to slash port, aviation fees to lower business burden

March 25, 2021


Abstract : China plans to cancel port construction fees and further cut civil aviation development fund levies to lower enterprises' burden and improve business environment, according to the Ministry of Finance.

BEIJING, March 24 (Xinhua) -- China plans to cancel port construction fees and further cut civil aviation development fund levies to lower enterprises' burden and improve business environment, according to the Ministry of Finance.

The port construction fees should be cancelled starting Jan. 1, 2021, according to an online statement released by the ministry.

Meanwhile, civil aviation development fund contributions from airlines will be further cut by 20 percent starting April 1, 2021, on top of a 50-percent reduction that has been implemented earlier, it said. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China port fee aviation fee business burden

Reading:

NW.China Xinjiang registers RMB7.725 bln in online retails sales in the first two months

China's online healthcare flourishes on policy incentives

2nd batch of Sinovac vaccines donated by China arrives in Philippines

Continued IPO boom underpins Hong Kong's financial strength despite global volatility

Chinese, Russian FMs hold talks, reach strategic consensus

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial