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07 August 2020 The on-line newspaper devoted to the world of transports 14:36 GMT+2

July 2, 2020

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Original news
China extends reduction programme until the end of the year port fees

The amount of the planned cut is 136 million dollars over nine months

Beijing's Ministry of Transport has announced the extension until December 31st of the tax reduction plan port companies that provides a 20% discount of port fees landed and boarded goods and taxes to cover the port security costs. The ministry has announced that since last March, when it started to apply this discount program to counter the impact of the pandemic Covid-19 on the logistics sector, until last month these tariffs have been reduced by a total of 380 million yuan (54 million dollars) and specified that in the second half of the year 2020 is expected to account for the total of these taxes will be reduced by another 580 million yuan.

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