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China makes strides in customs clearance efficiency over past five years

China

China

China

China makes strides in customs clearance efficiency over past five years

2025-07-30 11:47 Last Updated At:14:37

China has significantly boosted its customs clearance efficiency during the 14th Five-Year Plan period (2021-2025), according to an immigration official at a press conference on Wednesday.

Wang Zhizhong, head of the National Immigration Administration (NIA), highlighted key achievements in facilitating smoother and faster border crossings.

"During the 14th Five-Year Plan period, China's border inspection authorities handled 1.556 billion passenger entries and exits and over 98 million transportation vehicle trips. China has become one of the countries with the most efficient customs clearance at ports in the world," Wang said.

These improvements were driven by a series of measures aimed at streamlining clearance process for both passengers and transportation vehicles.

"We have continuously optimized border inspection and expedited clearance, piloted the 'intelligent customs clearance' border inspection express channel, implemented 'zero-waiting' operations and 'zero-delay' release for international cargo ships, and ensured easy arrival and fast departure of international cargo liners. We have also launched green channel for vehicles carrying key supplies. These have significantly reduced the customs clearance time for Chinese and foreign inbound and outbound personnel and transportation vehicles," he said.

China makes strides in customs clearance efficiency over past five years

China makes strides in customs clearance efficiency over past five years

China makes strides in customs clearance efficiency over past five years

China makes strides in customs clearance efficiency over past five years

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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