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2021 Chinese customs tax revenue tops 2 trillion yuan
CGTN
A port in Qingdao, east China's Shandong Province, February 5, 2020. /CFP

A port in Qingdao, east China's Shandong Province, February 5, 2020. /CFP

Chinese customs authorities saw their tax revenue exceed 2 trillion yuan (about $313.75 billion) for the first time in 2021, the General Administration of Customs said. 

Taxes collected reached 2.01 trillion yuan last year, up 17.7 percent from 2020, data from the administration showed. 

Customs authorities have deepened reform on tax collection and administration, and tax revenue in 2021 exceeded the budgeted target, the administration said. 

The data also showed that overall customs clearance time for imported goods came in at 32.97 hours, while that for exported goods reached 1.23 hours, a drop of 66.14 percent and 89.98 percent from 2017, respectively. 

China's total goods imports and exports expanded 21.4 percent year on year to 39.1 trillion yuan in 2021. 

Source(s): Xinhua News Agency

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