Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China Audit Office uncovers $530m in arbitrary fees to enterprises

byCustoms Today Report
21/10/2015
in Latest News
Share on FacebookShare on Twitter

BEIJING: The National Audit Office (NAO) said Tuesday it has uncovered 3.37 billion yuan ($530 million) in arbitrary fees to enterprises so far amid the country’s efforts to simplify business registration.

A total of 367 million yuan in arbitrary charges have been found at 20 quality supervision stations nationwide since 2012, and some industries in Guangxi Zhuang autonomous region were found to have levied over one billion yuan in arbitrary fees, said Zhou Shuda, a senior NAO auditor, during a working conference.

You might also like

Afghan border closure drags Pakistan-Central Asia trade down 51pc to $219m in FY26

28/08/2026

Bejaan Resorts, South Air sign agreement

28/08/2026

During the probe, the NAO found many cases in which central departments failed to adequately streamline administrative processes, and some financial institutions raised financing fees for medium and small enterprises, he said.

Zhou said the NAO will strengthen audit supervision in the future and urge departments involved to stop the arbitrary charges.

Since 2014, a crackdown on arbitrary charges has helped businesses save 30 billion yuan, according to the State Council.

Related Stories

Afghan border closure drags Pakistan-Central Asia trade down 51pc to $219m in FY26

byCT Report
28/08/2026

PESHAWAR: Pakistan’s bilateral trade with five Central Asian countries plunged 50.62% year-on-year to $219.125 million in FY26, as the closure...

Bejaan Resorts, South Air sign agreement

byCT Report
28/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

ICCI, NYLP host National Youth Leadership Summit 2026

byCT Report
28/08/2026

ISLAMABAD: Minister of State for Law and Justice Barrister Aqeel Malik has called upon all segments of society to play...

Serious questions raised over Rs556.8m solar deal at Pak Datacom

byCT Report
28/08/2026

LAHORE: Serious financial, administrative and corporate governance concerns have been raised over a Rs. 556.8 million solar panel transaction involving...

Next Post

China central bank issues first offshore Renminbi bond in London

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.