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Customs officers inspect cargo on a truck in Keqiao district, Shaoxing. [Photo/zj.zjol.com.cn]

Exports made through the market procurement trade mode at the China Textile City in Keqiao district, Shaoxing was valued at 11.17 billion yuan ($1.65 billion) in the first half of this year, up by 125.1 percent, according to the Shaoxing Customs.

The market procurement trade mode refers to the purchasing of commodities in the recognized market agglomeration area.

The mode exempts companies from value added tax, simplifies customs clearance procedures and introduces a new way of settlement exchange, thus providing benefits to companies, especially small and medium-sized ones.

Shaoxing Customs have also unveiled favorable policies to bolster the trade mode in Keqiao.

For example, customs officers have been assigned to answer questions from companies involved in market procurement trade about customs declaration and clearance.