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 cuts import taxes on donkey hide as appetite for skin and meat soars

byCT Report
01/01/2018
in Latest News
Share on FacebookShare on Twitter

BEIJING: The State Council, China’s cabinet, said the tax would be cut from 5 per cent to 2 per cent from January 1, state-run news agency Xinhua reported on Sunday.

China’s huge appetite for donkey hide and meat is a multibillion US dollar business and the demand has raised concerns in countries where many of the animals used for transport and farm work have reportedly been slaughtered or stolen and shipped to China. At the same time, the country’s donkey population has fallen dramatically as farmers have replaced the animals with machinery. According to the National Bureau of Statistics, China had nearly 10 million donkeys in 1996 – and nearly half that number by 2015. Most of the world’s 44 million or so donkeys are in Asia, North Africa, South America and some European countries.

You might also like

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

24/06/2026

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

24/06/2026

The eastern Chinese province of Shandong is a major province for ejiao production, importing hides from Peru, Mexico and Egypt.

Meng Xianqing, senior executive at an ejiao manufacturing plant in Donge county, Shandong province, said the lower tariff was good news for the ejiao business.

“To others it is just a few percentage points, but to us it is gold,” the report quoted Meng as saying.

Related Stories

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report
24/06/2026

HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

byCT Report
24/06/2026

KARACHI: The federal government borrowed more than Rs. 4.9 trillion from commercial banks during the first eleven and a half...

FBR freezes bank accounts over Rs23.23b tax dispute

byCT Report
24/06/2026

LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Universal Service Fund (USF), a government-owned...

Govt abolished Super Tax for major export-oriented companies

byCT Report
24/06/2026

ISLAMABAD: The federal government has approved the complete abolition of Super Tax for companies whose export receipts account for more...

Next Post

Iran ready to expand its gas trade globally

  • 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.