Your current location:HOME >travel >China cuts 88 bln yuan in logistics costs in 2017 正文
TIME:2024-05-21 14:59:22 Source: Internet compilationEdit:travel
China reduced logistics costs by more than 88 billion yuan (13.4 billion U.S. dollars) in 2017, the
China reduced logistics costs by more than 88 billion yuan (13.4 billion U.S. dollars) in 2017, the Ministry of Transport said Monday.
The cuts were made through measures such as the removal of some road tolls in provincial-level regions and streamlined traffic services, according to the ministry.
Li Xiaopeng, minister of transport, said that China will continue to push supply-side structural reform in the transport industry and further lower logistics costs in 2018.
The country will expand pilot programs in highway toll collection and streamline some charges in ports, Li said.
Statistics from the National Development and Reform Commission showed that the cost of logistics in China took up about 14.9 percent of GDP in 2016, down by 1.1 percentage points from the previous year.
Although the ratio had dropped for four years in a row by 2016, it is still higher than some developing economies.
Authorities have stepped up reform in the transport sector this year to reduce the logistics burden of companies. Rail freight charges were canceled or lowered, while more means of financing were made available to companies in the logistics sector.
Mohammad Mokhber: Who is Iran’s acting president?2024-05-21 14:59
China biggest contributor of green technologies: WIPO chief2024-05-21 14:35
Traditional dance helps reduce poverty in Shannan, Tibet2024-05-21 14:24
Women attend Liang Bu fair in Dangjiu Village, S China2024-05-21 14:21
Ohio judge to rule Monday on whether the state’s abortion ban stands2024-05-21 14:06
As China assures bright future, multinational firms eye win2024-05-21 13:13
Business social credit regulations revised2024-05-21 12:52
Xiplomacy: Science, Technology Cooperation Helps China, LatAm Build Better Future for Mankind2024-05-21 12:48
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates2024-05-21 12:39
China biggest contributor of green technologies: WIPO chief2024-05-21 12:31
Iran helicopter crash that killed President Raisi could reverberate across the Middle East2024-05-21 14:40
Women attend Liang Bu fair in Dangjiu Village, S China2024-05-21 14:21
China endeavors to build characteristic towns2024-05-21 14:19
Google hit with fine for breaching French news deal2024-05-21 14:16
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored2024-05-21 13:56
Google hit with fine for breaching French news deal2024-05-21 13:45
Stock market mulls future as IPOs slow2024-05-21 13:37
In pics: women wearing Burang clothes in Tibet2024-05-21 13:16
Target to lower prices on basic goods in response to inflation2024-05-21 13:13
People in traditional costumes celebrate traditional Flower Festival in Fujian2024-05-21 13:08