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.
More should be done to secure land for major logistics cilities and expand financing channels, said the document.
The guideline stresses the promotion of electronic certificates in the transportation sector, cilitation of customs clearance and market-oriented reforms in the railway sector.
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.
Photo/Zhang Jian (NBD)
The guideline also called for the promotion of the efficient connection between logistics cilities and the development of green logistics.