China cuts rail freight fees

0 Comment(s)Print E-mail Xinhua, April 2, 2019
Adjust font size:
Photo taken on April 20, 2017 shows the containers in a railway container center in Qingbaijiang District in Chengdu, capital of southwest China's Sichuan Province. [Photo/Xinhua]

China started to lower rail freight fees Monday to support the real economy, according to China Railway Corporation.

Fee cuts are expected to amount to about 6 billion yuan (around 893 million U.S. dollars) per year.

The move came after a sequence of measures unveiled by the country from 2017 to reduce rail freight fees by more than 20 billion yuan.

The country also announced plans to lower value added tax for rail freight on Monday.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from