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China to lower port fees for cargoes by 20% in Q4

BEIJING, Sept 30 (Reuters) - China will lower port fees for cargoes by 20% in the fourth quarter of this year to promote stability and smooth flow of industrial and supply chains, the transport ministry said on Friday.

Local governments are also encouraged to offer preferential fees during the COVID-19 prevention and control period, it added. (Reporting by Beijing newsroom; Editing by Muralikumar Anantharaman)

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