Logistics hubs provide route to more growth

Greater efficiency in transporting goods will help reduce costs and enhance market vitality

China has decided to build a number of key hubs for the logistics sector and improve its efficiency and information-sharing as part of efforts to substantially reduce the ratio of overall logistics costs to GDP, and build a modern logistics system.

The decision was made at an executive meeting of the State Council, the Cabinet, which was presided over by Premier Li Keqiang on Wednesday.