China Aims to Cut High Logistics Costs Amid Global Competition

China Aims to Cut High Logistics Costs Amid Global Competition

In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.

07/28/2025 Logistics
Read More
Linzhi Airport Opens As Key Gateway to Tibets High Plateau

Linzhi Airport Opens As Key Gateway to Tibets High Plateau

Linzhi Airport, located on the Tibetan Plateau, serves as an important aviation hub for flights to Chengdu and Lhasa. The airport features a runway of approximately 3000 meters, offering convenient flight services. Upon landing, travelers can enjoy the unique natural landscapes of Linzhi and experience the charm of plateau ecological tourism.

08/04/2025 Airport Codes
Read More
South African Rand Surges to Record High Against US Dollar

South African Rand Surges to Record High Against US Dollar

Recently, the South African Rand (ZAR) has reached an exchange rate of 0.0563679 against the US dollar, marking a 1.94% increase. Simultaneously, the Rand has also appreciated against major currencies such as the euro and pound, indicating signs of economic recovery in South Africa. However, the market still faces uncertainties that need to be addressed.

08/25/2025 Exchange Rate Query
Read More
Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

As of December 4, the Zhengzhou-Europe International Railway has operated 150 trains this year, exceeding the annual target. The total cargo value reached $693 million, covering economic circles such as the Yangtze River Delta and the Pearl River Delta, and radiating to 20 countries in Europe and Central Asia. Future goals will gradually increase, continuing to play an important role in the Belt and Road Initiative.

12/05/2023 Logistics
Read More
Cameroons Kribi Port Expands As Gulf of Guinea Trade Hub

Cameroons Kribi Port Expands As Gulf of Guinea Trade Hub

Kribi Port is a small port located on the Gulf of Guinea coast in southwestern Cameroon. It serves as a trading hub for local agricultural products and fisheries, primarily exporting ivory and cocoa. Cameroon is currently improving the railway connecting to the port to enhance its transportation capacity. With its beautiful coastal scenery, Kribi Port holds significant potential for future development and economic growth in the region.

09/29/2025 Port Encyclopedia
Read More
Shanghai Port Strives To Enhance Container Throughput And Seize Global Leadership Position

Shanghai Port Strives To Enhance Container Throughput And Seize Global Leadership Position

Shanghai Port aims to enhance container throughput and maintain its position as the world's leading port by improving its transportation system and establishing an international shipping center. The focus will be on regional collaboration and technological empowerment, promoting integrated transportation in the Yangtze River Delta to strengthen economic circulation. Additionally, efforts will be accelerated on railway and highway construction to ensure efficient connections between major cities and support regional development.

07/22/2025 Logistics Industry Insights
Read More
Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

Western Land-sea New Corridor's Sea-rail Combined Transport Trains Reach New Heights Over 2000 Trains Operated

In 2024, the number of maritime and railway intermodal trains operating on the New Western Land-Sea Corridor exceeded 2,000, a year-on-year increase of 16.8%, supporting regional economic development. Guangxi Beibu Gulf International Port Group actively promotes the marine economy, leading to a significant increase in train transport demand. The goal is to operate 10,000 trains throughout the year, laying the foundation for facilitating a dual circulation market.

03/18/2024 Logistics
Read More
Lianyungang New Europe Freight Train Launch: Promoting China-kazakhstan Cooperation and Upgrading International Logistics

Lianyungang New Europe Freight Train Launch: Promoting China-kazakhstan Cooperation and Upgrading International Logistics

The launch of the 'Lianxinyou' train route from Lianyungang to Kazakhstan and Europe marks an upgrade in logistics cooperation under the Belt and Road Initiative. The railway spans 11,000 kilometers and reduces transport time to 12 days, enhancing transport efficiency. As a crucial logistics hub, Lianyungang facilitates economic cooperation between China and Kazakhstan and collaborates with Kazakhstan to build a modern logistics park, laying the foundation for future development.

12/13/2023 Logistics
Read More
Malawis Blantyre Expands As Industrial and Transport Hub

Malawis Blantyre Expands As Industrial and Transport Hub

Blantyre is the largest city in Malawi and a vital industrial, commercial, and transportation hub. As Malawi's economic center, it plays a crucial role in the country's economic development. Blantyre is well-connected domestically and internationally through railway, road, and air networks, facilitating trade and movement of goods and people. Its strategic location and developed infrastructure make it a key driver of Malawi's growth and a significant contributor to regional connectivity.

09/29/2025 Port Encyclopedia
Read More