Briefly

China to build green air logistics network

China plans to build a preliminary "safe, smart, efficient and green" air logistics system by 2025, according to a special plan for the development of aviation logistics. Air logistics costs will notably decline by then and air logistics services for high-end manufacturing, postal express delivery and cross-border e-commerce will continuously improve, said the plan issued by the Civil Aviation Administration of China. The plan stresses equal attention be paid to cargo and passenger transport, and encourages air logistics companies to expand the scope of services and improve cooperation with cross-border e-commerce retailers and manufacturers, said Liang Nan, an official with the administration.

CDB boosts support in Yellow River basin

The China Development Bank, one of the country's primary policy banks, granted 149.6 billion yuan ($23.57 billion) in loans to support ecological protection and high-quality development in the Yellow River basin in 2021. Of the total, the bank issued 17.3 billion yuan in loans to support vital areas of environmental protection, such as water security and comprehensive treatment of the river, it said. The bank provided loans worth 132.3 billion yuan to shore up infrastructure construction and weak links in people's livelihood in provincial regions along the river. The Yellow River basin is a significant ecological barrier and is considered strategic for China's national development and modernization.

Xinhua