On August 28, Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission, said at the NDRC's August regular press conference that the “Logistics Network Construction Implementation Plan” was officially issued. The “Implementation Plan” focused on promoting the construction and interconnection of logistics hubs, improving the carrying capacity of logistics channels, filling up shortcomings in urban and rural logistics construction, tightening the international logistics facility network, promoting the green development of digital logistics facilities and equipment, improving the level of logistics information sharing and utilization, and increasing policy support and guidance. The goal is to achieve obvious results in the construction of logistics networks by 2030, driving the ratio of total social logistics costs to GDP to 13.1%, a decrease of 0.8 percentage points compared to the end of the 14th Five-Year Plan.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.