China to further lower logistics costs to aid recovery

Time:2020-06-03 10:40:03      Source:Xinhuanet.com
China will further reduce logistics costs to improve the efficiency of logistics, accelerating the recovery of production and the return to normal life following the COVID-19 epidemic, according to a guideline from the National Development and Reform Commission and the Ministry of Transport.
 
The guideline stresses the promotion of electronic certificates in the transportation sector, facilitation of customs clearance and market-oriented reforms in the railway sector.
 
More should be done to secure land for major logistics facilities and expand financing channels, said the document.
 
The country should thoroughly implement the policies on taxes and fee reduction for logistics, and strengthen information sharing to lower logistics information costs, according to the document.
 
The guideline also called for the promotion of the efficient connection between logistics facilities and the development of green logistics. 
Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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