China plans to further develop logistics network by 2030
To further develop its logistics network by 2030, China is planning to improve connectivity and better support the real economy, according to a government plan.
The plan aims at bringing total social logistics costs to 13.1 per cent of GDP by 2030—down by 0.8 pp from the end of 2025.
This will help improve the efficiency and performance of the real economy and support smoother economic circulation.
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