China announces measures to cut logistics costs

搜索关注在线英语听力室公众号：tingroom，领取免费英语资料大礼包。

The measures include cheaper electricity and water use for those in the agricultural products' processing and circulation sectors² and lower administration fees at farm produce markets.

The measures were unveiled at a State Council executive meeting, chaired by Premier³ Wen Jiabao.

The meeting agreed to crack down on illegal charges foisted⁴ on suppliers by some major retailers⁵ and vowed⁶ to intensify⁷ price monitoring.

It also promised to ensure land supplies for building farm produce markets, improve the statistical⁸ system of logistics costs and introduce preferential tax policies for the sector¹.

In the first 11 months, China's logistics expenditure⁹ rose 11.9 percent from one year earlier to 8 trillion yuan (1.27 trillion U.S. dollars), according to statistics released Wednesday by the National Development and Reform Commission.

The State Council meeting also approved a draft regulation regarding the administration of credit industry.

分享到：