Chinese Vice Premier vows to cut logistics costs

Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

SHENZHEN, Nov. 16 -- Chinese Vice Premier Wang Yang said here on Saturday that the country will continue its efforts to develop the logistics industry and cut logistics costs.

During an inspection tour to the southern Shenzhen city, a logistics center in China, Wang said the country will push for standardization in the logistics sector to improve efficiency.

More than 800 million pallets are used by Chinese logistics companies, but most of them are non-standardized, hindering efficiency improvement, said the vice premier.

China is considering measures to encourage companies to replace old pallets with standard ones, Wang said.

A pallet is a wooden or plastic base for moving or storing goods.Companies using standard pallets for loading and unloading usually have lower costs and higher efficiency for handling or storage.

Wang also visited a farm produce wholesale market on Saturday and called for more supportive measures in construction and operation of key farm produce wholesale markets.

The vice premier visited the 15th China High-tech Fair that opened here on Saturday.

• Chinese vice premier demands crackdown on piracy, counterfeits
• Chinese vice premier visits show on green innovative technologies
• China, Brazil pledge to further partnership
• Chinese vice premier meets with Macao's chief executive
• Chinese vice premier urges closer cooperation with Portuguese-speaking countries

We Recommend

• Luxury-cars parade held in Dubai
• Special forces take tough training sessions
• Fire guts 22-storey Nigeria commercial building in Lagos
• Singles Day:
  In the name of love
• Temperature drops dramatically in Beijing
• Typhoon Haiyan hits south China's Hainan
• Top 10 celebrity moms in China
• Weekly Sports Photos:
• Gingko leaves turn brilliant golden yellow in Beijing