Current location:sport >>
China cuts 88 bln yuan in logistics costs in 2017
sport76People have gathered around
IntroductionChina 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Corner news portal”。http://westernsahara.adventistmissionjapan.org/content-48d899907.html
Related articles
US overdose deaths dropped in 2023, the first time since 2018
sportNEW YORK (AP) — The number of U.S. fatal overdoses fell last year, according to Centers for Disease ...
【sport】
Read moreUN refugee agency tells Cyprus to stick to the law in its efforts at sea to thwart refugee boats
sportNICOSIA, Cyprus (AP) — The United Nations’ refugee agency said Friday that Cypriot efforts at sea to ...
【sport】
Read morePregnant Rooney Mara dresses her baby bump in head
sportAs Rooney Mara prepares to give birth to her second child with fiancé Joaquin Phoenix, the proud mom ...
【sport】
Read more
Popular articles
- Nuggets blow 20
- Taylor Swift RELEASES The Tortured Poets Department! Grammy
- The Walking Dead star Tom Payne 'unexpectedly' welcomes TWINS with model wife Jennifer Akerman
- Claire Danes carries umbrella for bundled
- Cruise worker 'murders newborn son on board ship': Shocked co
- France asks retailers to alert customers to cases of 'shrinkflation'
Latest articles
Mystery artist who erected signs comparing pothole
Arizona State hit with NCAA sanctions for improper football recruiting visits during pandemic
Biden administration restricts oil and gas leasing in Alaska
Angel Reese gushes over Caitlin Clark as she put rivalries aside at last week's WNBA Draft
Baby Reindeer's real
Jimmy Carr sparks speculation he may have become a father for the second time
LINKS
- Mental health review to follow Sydney stabbing attack: Australian PM
- China unveils plan to promote trade
- 2024 Pudong Festival of Culture & Art opens next week
- Death toll in airstrikes on E. Syria rises to 15
- Palestinian death toll in Gaza rises to 33,207: Ministry
- Late Queen 'loved it when things went wrong because it spiced up her life', former aide claims
- Ancient tomb unveiled: discoveries from Western Zhou Dynasty
- PLA garrison in Hong Kong organizes joint patrol
- Andrew Scott speaks out on his 'wonderful' friendship with All Of Us Strangers co
- Ancient Tibetan astronomy keeps shining