Xinjiang taking measures to cut logistics costs

Northwest China's Xinjiang Uygur autonomous region has released 31 measures to reduce logistics costs and promote efficiency, according to local authorities.

These measures include promoting the construction of logistics infrastructure, fostering an efficient connection of facilities and equipment, strengthening the sharing of information resources and improving the quality and efficiency of the logistics industry.

During the 13th Five-Year Plan period (2016-2020), the scale of the logistics industry in Xinjiang expanded rapidly, with improving operational efficiency and declining costs. The ratio of total logistics costs to the gross domestic product has dropped below 16 percent, according to the region's development and reform commission.

These measures will help the local government continue to build a more efficient logistics network, reduce logistics costs in all aspects and accelerate the development of smart logistics, said Xu Bin, director of the regional development and reform commission.