High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Dalian Airport Boosts Northeast China's Global Connectivity

Dalian Airport Boosts Northeast China's Global Connectivity

Dalian International Airport, located in Dalian City, Liaoning Province, is a primary civil international airport in China, offering extensive flight services. With a runway of 3,300 meters that meets international standards, it has an annual passenger throughput of up to 20 million, connecting cities across the country and internationally. The airport stands out in the aviation services of Northeast China, receiving multiple industry accolades for its excellent service and safety management, and serves as a significant driver of regional economic development.

07/29/2025 Logistics
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Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
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