China Sets 2030 Targets for National Logistics Network
· Source: opengovasia.com
In short
China has released a new national plan setting out targets for the development of its logistics network by 2030, with a focus on improving connectivity, reducing costs and strengthening support for the real economy. The plan, issued by the NDRC and the Ministry of Transport, aims to reduce total social logistics costs to 13.1% of GDP while expanding digital and green technologies across the sector. It identifies seven priority areas with 17 tasks, and forms part of the 15th Five-Year Plan framework with investment expected to exceed 7 trillion yuan in 2026.
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Tags: logistics, supply chain, China, digitalisation, infrastructure, policy