Latest News:  
Beijing   Overcast/Cloudy    2 / -6   City Forecast

People's Daily Online>>China Business

Logistics cost may account for 18 percent of GDP in 2012

By Tu Lufang (Beijing Daily)

15:57, January 17, 2012

Edited and translated by People's Daily Online

In 2012, the growth rate of China's logistics industry will further slow down and the total social logistics volume will still account for about 18 percent of the GDP.

Under the pressure from the sharply increasing cost, the average profit margin of China's logistics industry has decreased to 4.4 percent. In 2012, the logistics industry will have several preferential policies, including the decline of the land use cost.

The director of the China Federation of Logistics and Purchasing He Liming said that the land use tax adjustment plan for the logistics industry has been fundamentally made. It is expected that the policy of reducing the cost of the industry will be launched soon.

According to the current Provisional Regulations on Urban Land Use Tax of China, the annual land use tax of large cities is between 1.5 and 30 yuan per square meters, a sharp rise compared to that of 2006 (between 0.5 and 10 yuan per year).

【1】 【2】

Email|Print|Comments(Editor:韩莎莎)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. China seeks Gulf partnership to push renewable energy

  2. Laughs fill train returning home

  3. Mastermind of armed robbers gang caught

  4. Fire leaves nine dead, one missing in SE China

Most Popular

Opinions

  1. Actions speak louder than words
  2. New driving force for East Asian cooperation
  3. In love with luxury amid global gloom
  4. China should take fight to US over Iran
  5. How will HK go through economic difficulties in 2012
  6. US dollar is just a dirty shirt
  7. Factors affecting world economy in 2012
  8. Why Russia's aircraft carrier visits Syrian port
  9. Central grain reserves turn into 'market stabilizer'
  10. A priority for Asia-Pacific shift

What's happening in China

2,012 people make dumplings together

  1. Auto industry’s growth in 2011 slowest in 13 yrs
  2. Study: Urban areas lax on pollution reporting
  3. Taiwan more open to mainland students
  4. Privately-run orphanage gets government fund
  5. China's microblog users reach 250m

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance