The country has introduced new policies to help the logistics industry reduce costs and increase efficiency, with logistics costs expected to decrease by another 5% in 2024.

2023-10-26 00:00

       Beijing, October 26, 2023 – To further promote the healthy development of the logistics industry and reduce social logistics costs, the National Development and Reform Commission and other departments jointly issued the "Notice on Doing a Good Job in Key Cost Reduction Work for 2024" today, with multiple policies directly addressing the pain points and difficulties of the logistics industry, bringing tangible benefits to logistics companies.

 

Policy Highlights:

       Deepening differentiated tolls on highways: Based on the existing framework, further expand the implementation scope of differentiated toll policies by time period, road section, and vehicle type, and explore preferential measures combined with the ETC payment method, which is expected to reduce logistics costs by more than 10 billion yuan throughout the year.

       Optimizing the management of urban delivery vehicle access: Encourage cities to provide access convenience for new energy delivery vehicles based on actual conditions, and study and formulate management measures for urban delivery vehicle permits to solve the "last mile" problem in urban delivery.

       Promoting the development of multimodal transport: Increase support for the construction of multimodal transport hubs, improve the multimodal transport standard system, promote information sharing among railways, highways, waterways, and aviation, improve transportation efficiency, and reduce logistics costs.

       Strengthening the guarantee of logistics land: Include logistics land in national spatial planning, prioritize the land needs for national-level logistics hubs, key cold chain logistics bases, and other major logistics infrastructure, and encourage the use of existing construction land to develop logistics facilities.

 

Expert Interpretation:

       He Dengkai, Vice President of the China Federation of Logistics and Purchasing, stated that the policies introduced this time are highly targeted and cover a wide range, which will effectively alleviate the operational pressure on logistics companies and promote the transformation and upgrading of the logistics industry. It is expected that the ratio of total social logistics costs to GDP will decrease by another 0.5 percentage points in 2024, providing strong support for the development of the real economy.

 

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Notice from the Ministry of Transport, Ministry of Public Security, and Ministry of Commerce on the issuance of the "Management Measures for Urban Green Freight Distribution Demonstration Projects".

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Previous Page

Notice from the Ministry of Transport, Ministry of Public Security, and Ministry of Commerce on the issuance of the "Management Measures for Urban Green Freight Distribution Demonstration Projects".

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The Ministry of Transport, in conjunction with the Ministry of Public Security, the Ministry of Human Resources and Social Security, the All-China Federation of Trade Unions, and 16 other departments, jointly issued.

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