Report: Nation's traders clearing customs electronically
The vast majority of the nation's importers and exporters use the e-clearance program known as Customs Paperless Reform, said a report released in Shanghai on Thursday.
The report, based on PricewaterhouseCoopers LLP's annual survey of managing customs and international trade in China, covered 400 companies registered in China. It found that 82 percent are using e-clearance, a sharp increase from just 46 percent as recently as 2013.
Among the survey participants, 51 percent of companies said they are engaged in processing trade, while the remaining 49 percent are involved in general trade. Participants came from many industries, including industrial products, vehicles, chemicals, technology, retail and consumer services, pharmaceuticals and healthcare.