Photo: Internet
BEIJING， Aug. 27 (Xinhua) -- China aims to reduce the cost of its logistics sector to alleviate the burden on companies and improve their business environment， the Ministry of Transport said.


The country plans to reduce the proportion of logistics costs to the total value of goods carried by the sector by 0.5 percentage point from the current 4.9 percent in the next three years， according to the ministry.


To achieve that， a slew of measures will be taken， including cutting highway tolls and removing illegal fees charged by airports， ports and railways.


It is part of the country's efforts to bring down corporate costs as a whole， in line with the ongoing supply-side structural reform designed to facilitate industrial upgrade and boost the slowing economy.


The State Council released a work scheme on Monday on cutting corporate costs， planning lower tax burdens， cheap financing， reduced red tape as well as more affordable land use， energy consumption and logistics.


Logistics costs account for a significant proportion of corporate costs in China. The ratio of logistics costs to gross domestic product (GDP) had been over 16 percent for years， the National Development and Reform Commission (NDRC)， China's top economic planner， said in an article posted on its website on Friday.


The ratio was 14.6 percent in the first half of 2016， down from 15.4 percent a year earlier.


By reducing the ratio of logistics costs to the GDP by 1 percentage point， China can help industrial businesses save more than 900 billion yuan (135 billion U.S. dollars).


Despite declines in the past few years， much room remains for further decreases， the article said， adding such ratio in China is about twice that of the United States and 1.3 times the level of India.


The logistics sector saw the total value of goods carried between January and June this year grew 6.2 percent year on year， faster than the 5.7 percent in the same period of last year， according to the article.


China's total logistics costs rose 2.7 percent year on year in the first half of this year， slower than the 4.5-percent growth recorded in the same period last year.


BEIJING Braden Holtby Capitals Jersey , March 1 (Xinhua) -- A 23-14 dominance in the fourth quarter earned Xinjiang a 70-61 away victory over Beijing for a 1-0 lead in the best-of-five finals of the Chinese Women's Basketball Association (WCBA) league here on Tuesday.


Sylvia Fowles, the MVP of WNBA finals in 2015 Andre Burakovsky Capitals Jersey , nailed only 14 points for Beijing due to her injury sustained at the end of the regular season. Zhang Fan had 16 and Shao Ting scored 13.


Peng Shiqing had a game-high 25 points and 7 assists for Xinjiang. Her teammates Qiu Siyue and Zhang Xiaoni added 14 and 12 respectively, and American Tina Charles grabbed 11 points and 13 rebounds.


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TUNIS, Sept. 7 (Xinhua) -- ""The presence of U.S. Marines on the Tunisian territory never implies the presence of a U.S. military base Christian Djoos Capitals Jersey ,"" the outgoing Tunisian Minister of Defense Farhat Horchani said Thursday.


""This project is funded jointly by the United States of America and Germany,"" he said during a press briefing after the launching of an electronic monitoring and control system along the southeastern border of the country.


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Li Zhuhao of Zhejiang and Hubei joint team competes during the men's 4x100m medley relay final at 13th Chinese National Games in north China's Tianjin Municipality Jakub Vrana Capitals Jersey , Sept. 7, 2017. Zhejiang and Hubei joint team claimed the title with 3 minutes and 33.12 seconds.(XinhuaFei Maohua)






In pics: China's future Mars simulation base in Qinghai


Actors perform during acrobatics show in central China's Puyang


Colorful houses seen in N China's beautiful countryside


Spectacular scenery of Hukou Waterfall of Yellow River


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Villagers air harvests in south China


Dew drops seen on plant leaves in east China


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