Guangdong Outlines Plans to Cut Logistics Costs
04 August 2017
Guangdong has recently released its Implementation Plan for the Cost-Reduction and Performance-Improvement Campaign Within the Logistics Sector. The campaign aims to lower the ratio of the province’s total logistics costs to GDP by 0.3% from its 2015 level by 2018 and then to reduce it by a further 0.5% by 2020.
Under the terms of the plan, six key measures for reducing logistics costs have been highlighted:
- Optimising the administrative approval process within the logistics sector by amending and streamlining similar or related cases, while further easing the administrative permission and approval requirements for the qualifications of logistics enterprises and their employees.
- Simplifying the annual review formalities required for the road transport licences of motor vehicles, while further improving the efficiency of administrative permissions with regard to out-of-gauge on-road cargo transportation.
- Exploring the possibility of allowing private investment into the rail transport market and encouraging railroad transportation enterprises, port enterprises and logistics parks to engage in equity and / or contractual joint ventures.
- Optimising the organisation of railway freight traffic by developing high-speed rail express services, e-commerce express facilities and other railway freight services.
- Making use of cloud computing, big data, the Internet of Things and other technologies in order to conduct studies on the demand for urban distribution and the optimisation of freight traffic control.
- Encouraging logistics enterprises to apply for high-tech enterprise status in order to enjoy the relevant tax incentives.
- Standardising the fees charged in the logistics sector, ceasing approval for the collection of tolls on new standard roads and considering the gradual elimination of special tolls on all standard roads.
For further details (in Chinese), please refer to the following website:
- Logistics & Supply Chain