ongoing trade issues, which require the two countries to meet halfway, Zhong Shan, China’s minister of commerce, said on Tuesday.
The 90-day talks between the two countries have reached a breakthrough, said Zhong.
“The two parties agreed to extend the negotiation, and during the extension, both sides
will not implement the planned tariff hike. We should cherish the hard earned achievement,” he added.
hina has slashed the average time for customs clearance by over half in 2018, far surpassing the government’s previous g
oal to cut the average time by one third, according to Ni Yuefeng, head of the General Administration of Customs.
“The robust growth of China’s booming cross-border e-commerce has posed chal
lenges to customs supervision,” Ni said on Tuesday, during an interview from the sidelines of the two sessions.
To meet the new challenges, Chinese customs used the artificial intelligence technologies to help ease the clearance pr
ocedures. “In the next step, we will strengthen the supervision and improve the services,” Ni said.