Multiple Departments Urge High-quality Development in Logistics to Create Strong Domestic Market

Recently, multiple departments, including the National Development and Reform Commission ("NDRC"), have jointly issued the Opinions on Promoting the High-quality Development in Logistics to Facilitate the Formation of a Strong Domestic Market (the "Opinions").

Initiatives proposed in the Opinions include "gaining a profound understanding of the significance of the high-quality development in logistics", "building a network of infrastructure for high-quality logistics", "boosting the capacity of the high-quality logistics to serve the real economy", among others. The Opinions call for pushing ahead the building of a national logistics hubs network, adding that, centered on the implementation of such significant strategies as the "Belt and Road" initiative, the coordinated development of Beijing, Tianjin and Hebei, the development of the Yangtze River Economic Belt, the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, and the integrated development of the Yangtze River Delta region, and in line with the spatial planning of national land, some cities where infrastructure mature will be selected, at the key stages of building the national network of main logistics arteries, to undertake the construction of the first batch of around 15 national logistics hubs. Furthermore, the Opinions read that further efforts will be made to reduce traffic costs of vehicles and costs of port logistics, deepen the toll road system reform and release the revised Administrative Regulations for Toll Roads as soon as possible.



(Source: http://www.ndrc.gov.cn/zcfb/zcfbtz/201903/t20190301_929841.html)

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