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China: Vice Premier Vows Support for Logistics Industry
Source: http://www.news.cn/
Source Date: Saturday, October 26, 2013
Country: China
Created: Oct 29, 2013

Chinese Vice Premier Wang Yang said on Friday that the country will continue its efforts to tackle high costs and low efficiency in the logistics industry.

Wang made the remarks at a briefing about the logistics situation in the cities of Beijing, Shanghai, Guangzhou, Wuhan and Chengdu, noting that logistics is a basic and strategic industry supporting the country's economic and social development.

He said that the logistics sector's boom in recent years had made people's lives more convenient, but that it is still challenged by the problems of expense and difficulty in delivering.

Wang stressed that the ongoing reform in China provides enough space and stricter requirements for logistics, calling for closer administrative coordination and better integration of resources.

He demanded that the industry be facilitated through pushing standardization, building a credit system, improving information levels, easing enterprise burdens, boosting modernization and encouraging online business.
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