China unveils plans to cut logistics costs


China’s State Council yesterday announced new measures to cut logistics costs include simplifying cargo transport across provincial regions, road congestion measures, and new freight consolidation hubs.

Following a State Council executive meeting presided over by Premier Li Keqiang, the government body said lowering logistics costs and raising efficiency would help in “promoting mass entrepreneurship and innovation, job creation and the development of modern services”, Chinese state news agency Xinhua reported.

Before the end of 2017, the country will simplify approvals of licenses for heavy cargo transport crossing provincial regions by putting licenses online. China will also take more measures to reduce taxes and clear fees, including a pilot programme for charging different freeway tolls based on the time of day.

The country will also regulate the enforcement of laws on road transport to reduce violations and avoid penalties imposed by more than one authority.

Meanwhile, China will also step up the construction of national-level logistics hubs, as well as freight consolidation and distribution facilities in important areas, the State Council said.