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Industry

Most major logistics enterprises in east China's Shandong Province resume work

March 23, 2020


Abstract : Most logistics enterprises in east China’s Shandong Province have basically resumed normal operation, according to the Shandong Development and Reform Commission on Saturday.

BEIJING, March 23 (Xinhua) -- Most logistics enterprises in east China’s Shandong Province have basically resumed normal operation, according to the Shandong Development and Reform Commission on Saturday.

There are more than 3,800 major logistics enterprises in Shandong.  Statistics show that 90 percent of them have resumed work.

In terms of international logistics, "Qilu" Eurasian freight trains have maintained normal operations during the epidemic. At present, a total of 20 freight trains have been arranged on a weekly basis, similar to the level before the outbreak of the epidemic.

Song Wei, an official with Shandong Development and Reform Commission, noted that smooth operation of logistics and transportation will play a fundamental role in the province's efforts to achieve the economic goal this year.

Shandong Province is striving to provide credit support and reduce financing costs for logistics enterprises. By far, the whole province has offered credit support of over 6 billion yuan for those enterprises, said Song.

In the next step, Shandong will further increase support for the logistics industry, implement the tax cut and fee reduction policies, take measures to help their employees return to work and ease financial shortage, noted Song. (Edited by Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)

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