Internet Payment System Aids Tianjin Customs
April 5, 2004 |
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Customs officials in Tianjin have begun using an Internet payment system, making foreign trade easier, after agreements with Tianjin branches of Bank of China and Industrial& Commercial Bank were signed Thursday.
The new system connects the customs network with Tianjin's banking system, replacing the traditional counter payment with an electronic system. In the future, enterprises will not have to pay taxes at special counters when their goods needed to pass the customs, but instead they will link their computers with the customs' and pay taxes with the click of a mouse.
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