Guideline promises lighter load for logistics

China will reduce the cost of logistics and improve efficiency to spur the real economy, according to a guideline approved at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

One focus of the guideline is improving the use of roads through better traffic administration and law enforcement, enabling smoother services with less red tape. Tax policy is to be overhauled and toll charges are to be set at reasonable levels to reduce cost burdens.

"The logistics sector is a groundwork of strategic importance for the market economy," Li said. "Lower logistics costs and higher efficiency should be highly prioritized this year."