China will also exempt all outbound and inbound goods, as well as transport vehicles and containers, from inspection and quarantine fees from Oct 1 to Dec 31 this year, the circular said.
The MOF estimated that the latest policy will save foreign trade enterprises around 3.5 billion yuan ($550 million).
The move came after the State Council approved a raft of measures earlier this month to stabilize trade growth, including speeding up the export tax rebate process, reducing administrative costs for companies, lowering financing costs for small and micro-sized enterprises and increasing credit to qualified exporters.
In the January-August period, China's total foreign trade reached $2.5 trillion, an increase of 6.2 percent from last year but below the 10-percent full-year growth target set by the government for 2012.
Updated: 2012-09-21 09:37
( Xinhua)