{"id":27275,"date":"2014-05-29T19:35:02","date_gmt":"2014-05-29T10:35:02","guid":{"rendered":"http:\/\/en.dailynk.com\/en\/?p=27275"},"modified":"2020-01-17T08:52:19","modified_gmt":"2020-01-16T23:52:19","slug":"toll-processing-proving-lucrative","status":"publish","type":"post","link":"https:\/\/www.dailynk.com\/english\/toll-processing-proving-lucrative\/","title":{"rendered":"Toll Processing Proving Lucrative for Jilin"},"content":{"rendered":"

China has taken steps to simplify customs procedures in a
\nbid to enhance revenue accrued from toll processing with North Korea, Radio Free Asia
\nreported on the 29th<\/span>. Northeastern Jilin Province is said to be benefiting
\nsubstantially thanks to toll processing of items contracted out by Chinese
\ncompanies for manufacture in North Korea.<\/span><\/p>\n

<\/o:p><\/p>\n

According to the report, a customs office in Hunchun now serves as the hub of toll processing for clothing. It is
\nbelieved that the average time for customs processing has been shortened by 57% for
\nimported products in the last year alone. The province calls it a “tailor-made development strategy” and, they assess,
\nthe scale of the textile industry has expanded as a result.<\/o:p><\/p>\n

Last year saw China import US$500m worth of clothing from
\nNorth Korea, a 34% increase from 2012, Radio Free Asia further conveyed.  <\/p>\n

Some analysts attribute the spike in toll processing between
\nthe two countries to North Korea\u2019s enhanced efforts to attract foreign capital
\nfrom China amid suspended inter-Korean trade relations. The North Korean authorities have also made moves to
\nboost the domestic textile sector by increasing wages at state-run mills.<\/p>\n","protected":false},"excerpt":{"rendered":"

China has taken steps to simplify customs procedures in a bid to enhance revenue accrued from toll processing with North Korea, Radio Free Asia reported on the 29th. Northeastern Jilin Province is said to be benefiting substantially thanks to toll processing of items contracted out by Chinese companies for manufacture in North Korea. According to […]<\/p>\n","protected":false},"author":122,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wikipediapreview_detectlinks":true,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-27275","post","type-post","status-publish","format-standard","category-news"],"yoast_head":"\nToll Processing Proving Lucrative for Jilin - North Korea News \u2014 Daily NK | Latest DPRK Updates 2026<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dailynk.com\/english\/toll-processing-proving-lucrative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toll Processing Proving Lucrative for Jilin\" \/>\n<meta property=\"og:description\" content=\"China has taken steps to simplify customs procedures in a bid to enhance revenue accrued from toll processing with North Korea, Radio Free Asia reported on the 29th. Northeastern Jilin Province is said to be benefiting substantially thanks to toll processing of items contracted out by Chinese companies for manufacture in North Korea. 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