Ezhou Huahu Airport is making impressive strides as a cargo hub, resulting in a substantial boost to foreign trade operations. As of 14th September, Ezhou Customs has collected a total of RMB 100.9 million in tax revenue this year. Out of this amount, the value-added tax on imported goods accounted for 82.2%, totaling RMB 82.89 million, while import duties accounted for 17.8%, totaling RMB 18.01 million.
Since its operation in May last year, Ezhou Customs has started collecting import duties. With the recent opening of Ezhou Huahu Airport and continuous improvements to its function of international air cargo hub, Ezhou's foreign trade has entered a strategic development phase. This has attracted more high-quality foreign trade enterprises to declare customs in the local area, resulting in a steady increase in local tax revenue. Currently, Ezhou Huahu Airport has opened 7 international routes and serves 9 international destinations. This extensive flight network covers the entire country, extends to Asia, Europe, and America, and ensures efficient transportation of goods nationwide within a day and to the global market overnight. In addition, the construction of Ezhou Huahu Airport’s International Cargo Transfer Centre has been completed and will soon be operational. The future opening of international express and cross-border e-commerce businesses will also contribute to tax revenue growth.
Ezhou Customs has made significant progress in enhancing customs clearance facilitation this year. The implementation of 24/7 customs clearance guarantee services has been instrumental in expediting the process. In August, the average customs clearance time for imports and exports was reduced to 17.94 hours and 0.2 hours respectively, placing Ezhou Customs at the forefront of Hubei Province. Moving forward, Ezhou Customs will focus on strengthening local tax management. Leveraging the strategic location of Ezhou Huahu Airport as an international cargo hub, Ezhou Customs aims at supporting the high-level opening and promote the high-quality development of Ezhou's foreign trade.