Recently, the fourth meeting of the Central Committee on Finance and Economics was held to study the issue of effectively reducing the logistics cost of the whole society.
The conference raised the logistics cost reduction and efficiency to a new height, clarified the starting point and foothold, basic premise, main ways and specific measures of logistics cost reduction, and pointed out the direction and planned the "road map" for effectively reducing the logistics cost of the whole society. At the Central Economic Work Conference held at the end of
2023, it was proposed to effectively reduce the logistics cost of the whole society. According to the data of
China Logistics Information Center, the total cost of social logistics in 2023 is 18.2 trillion yuan, which is 14.4% of GDP, down 0.3 percentage points from 2022.
Logistics is the "network" of the real economy, linking production and consumption, domestic trade and foreign trade, we must effectively reduce the logistics costs of the whole society, enhance the core competitiveness of the industry, and improve the efficiency of economic operation.
As for how to effectively reduce the logistics cost of the whole society, the fourth meeting of the Central Committee on Finance and Economics has planned a "road map".
The meeting emphasized that the starting point and end point of logistics cost reduction is to serve the real economy and the people. The basic premise is to maintain the basic stability of the proportion of manufacturing industry. The main way is to adjust the structure, promote reform, and effectively reduce transportation costs, warehousing costs and management costs.
China Logistics Information Center issued a paper on the 27th to explain that the conference combined with the current economic development environment and development goals and tasks, to promote logistics cost reduction and efficiency to a new height, made a re-deployment, there are many new formulations.
"The way is deeper and the goal is more specific." China Logistics Information Center said that the meeting emphasized that the main way is to adjust the structure and promote reform, especially mentioning that "the basic premise is to maintain the basic stability of the proportion of manufacturing industry" and effectively reduce logistics costs in transportation, warehousing and management. According to the statistical data, the total logistics of manufacturing industry accounts for more than 80%, and the logistics cost of most industries and fields is relatively high. From the perspective of enterprises, it is necessary to carry out the pilot survey of logistics cost statistics in key enterprises, establish the basic points of logistics cost in various industries, and form a benchmarking system of logistics cost in subdivided industries, so as to better serve logistics and reduce costs and increase efficiency. What is the impact of the
three major initiatives? The relevant person in charge of the Ministry of
Transport analyzed at a press conference on the 28th that, on the whole, "the low cost of a single link and the high cost of the whole chain operation" are the most prominent contradictions in the current logistics operation, and "the low efficiency of the allocation of logistics resources and the low efficiency of the circulation cycle" are the key factors leading to the high cost of logistics.
Reducing the logistics cost of the whole society is an important measure to improve the efficiency of economic operation. As for how to effectively reduce the logistics cost of the whole society, the fourth meeting of the Central Committee on Finance and Economics put forward three major measures:
optimizing the transport structure , strengthening the "public transit railway" and "public transit water", deepening the reform of the comprehensive transportation system, and forming a unified, efficient, competitive and orderly logistics market. We
should optimize the main trunk lines , break through the blocking points, improve the modern commercial circulation system, and encourage the development of new logistics modes combined with platform economy, low-altitude economy and unmanned driving. We
will make overall plans for logistics hubs , optimize the construction of transportation infrastructure and the distribution of major productive forces, and vigorously develop the airport economy and the port-vicinity economy.
China Logistics Information Center pointed out that the conference mentioned for the first time in the path of reducing social logistics costs to encourage the integration of low-altitude economy, relevant policies and normative documents have been launched one after another, related industries are moving towards standardized development, and new models such as low-altitude logistics have broad application space. This move focuses on expanding mode channels to promote logistics efficiency.
"To effectively reduce the logistics cost of the whole society, we should deeply understand its connotation and extension, and face up to the problems of cross-mode congestion, long distance of resource transportation, high occupancy of inventory funds, duplication of circulation links and homogenization of logistics services from the perspective of social and economic operation." China Logistics Information Center believes that logistics services should be deeply integrated into the supply chain service links of the real economy, enhance the core competitiveness of the logistics industry, and promote high-quality economic development with efficient logistics services. The Ministry of
Transport pointed out that the next step would be to organize special actions to reduce costs, improve quality and increase efficiency in transportation and logistics. First, we should speed up the improvement of the comprehensive transportation service system and promote structural cost reduction, quality improvement and efficiency enhancement. Secondly, we should strengthen the efficient connection of all links and promote systematic cost reduction, quality improvement and efficiency enhancement. Thirdly, we should speed up the construction of a unified national transportation and logistics market and promote institutional cost reduction, quality improvement and efficiency enhancement. Fourth, we should accelerate the development of intelligent logistics and green logistics, and promote technical cost reduction, quality improvement and efficiency enhancement. Fifth, we should strengthen the guarantee of factor resources and promote comprehensive cost reduction, quality improvement and efficiency enhancement. Sixth, guide enterprises to strengthen management and improve efficiency, and promote operational cost reduction, quality improvement and efficiency enhancement.
"Logistics cost reduction emphasized at the meeting is not only an adjustment of economic strategy, but also a profound change concerning the national economy and people's livelihood." Zhu Keli, executive director of China Information Association and founding president of the National Research Institute of New Economics, told Zhongxin Finance and Economics that the clear signal released by this change is that China is committed to building an efficient, green and intelligent modern logistics system based on the real economy and guided by people's needs. This is not only an important measure to improve the quality and efficiency of economic development at home, but also will promote the formation of a unified national market, enhance the overall operational efficiency of the national economy, and help consolidate China's key role in global supply chain management.
