China sets goal to lower logistics costs
China SCIO | November 29, 2024
China aims to lower the ratio of logistics costs to GDP from 14.4% in 2023 to about 13.5% in 2027, according to a newly released action plan. This will help reduce the costs for the real economy and enhance manufacturing competitiveness, said Zhang Shixin, deputy secretary-general of the National Development and Reform Commission, on Thursday.