China's customs revenue reached a record 758.46 billion yuan in
2007, up 24.3 percent year-on-year, the General Administration of
Customs (GAC) said on Monday.
The customs revenue increased partly because of the increase of
imports, which were up 20.5 percent to 865.5 billion U.S. dollars
during the first 11 months of last year.
The customs revenue from telecommunication equipment, integrated
circuits, television receivers and printing machines rose
considerably due to the increase in imports of these products, the
administration said.
More imports of high-end cars and SUVs, and rising prices of
imported staple goods such as copper, nickel and other metals also
contributed to the revenue rise, it explained.
The higher export tariffs on some goods, which were aimed at
curbing exports and balancing foreign trade, had also increased
customs revenues by about 20 billion yuan, it said.
(Xinhua News Agency January 8, 2008)
