Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Policy

China to further lower logistics costs to aid recovery

June 03, 2020


Abstract : China will further reduce logistics costs to improve the efficiency of logistics, accelerating the recovery of production and the return to normal life following the COVID-19 epidemic, according to a guideline from the National Development and Reform Commission and the Ministry of Transport.

BEIJING, June 3 (Xinhua) -- China will further reduce logistics costs to improve the efficiency of logistics, accelerating the recovery of production and the return to normal life following the COVID-19 epidemic, according to a guideline from the National Development and Reform Commission and the Ministry of Transport.

The guideline stresses the promotion of electronic certificates in the transportation sector, facilitation of customs clearance and market-oriented reforms in the railway sector.

More should be done to secure land for major logistics facilities and expand financing channels, said the document.

The country should thoroughly implement the policies on taxes and fee reduction for logistics, and strengthen information sharing to lower logistics information costs, according to the document.

The guideline also called for the promotion of the efficient connection between logistics facilities and the development of green logistics. Enditem

Scan the QR code and push it to your mobile phone

Keyword: logistics costs

Reading:

China to further boost financing for small businesses

China details measures to boost rural e-commerce

China Focus: China releases master plan for Hainan free trade port

China's Industrial Bank arranges RMB30bln special loans to enhance support for manufacturing

What is Henan Free Trade Zone?

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial