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Saturday, November 20, 1999, updated at 11:14(GMT+8)
Business Guangzhou Customs Tax Collection Growing

Customs in Guangzhou, capital of south China's Guangdong Province, had collected over 10 billion yuan (US$120 million) in taxes this year as of November 15.

This figure is 5.2 billion yuan more, or a 138 percent rise, than the target figure for the whole year, according to one customs official.

In the first ten months this year, import and expert volume through Guangzhou customs totaled 112.28 billion US dollars, 5.8 percent up than the same period last year. This figure accounts for 39.2 percent of the country's total import and expert value, the official said.

General trade imports increased 178 percent to 2.49 billion US dollars, he said.

The official also attributed the increase in customs tax to the anti-smuggling drive, with 1,686 solved cases involving 516 million yuan.

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