Simulcast+| Improving the efficiency of economic operation; The Supreme Leader asked to focus on these three aspects.

Logistics is an important part of modern industrial system, which is connected with production at one end and consumption at the other. General Secretary of the Supreme Leader stressed at this meeting that "the logistics cost of the whole society must be effectively reduced", aiming at "enhancing the core competitiveness of the industry and improving the efficiency of economic operation".

How to effectively reduce the logistics cost of the whole society? The meeting put forward three main lines: first, optimize the transportation structure, strengthen the "revolving iron" and "revolving water", deepen the reform of the comprehensive transportation system, and form a unified, efficient and competitive logistics market. The second is to optimize the trunk roads, get through the blocking points, improve the modern commercial circulation system, and encourage the development of new logistics models that combine platform economy, low-altitude economy and driverless driving. Third, make overall plans for logistics hubs, optimize the construction of transportation infrastructure and the layout of major productive forces, and vigorously develop the airport economy and port economy.

On February 22, 2024, large machinery was hoisting containers at the Sino-Kazakhstan Lianyungang Logistics Cooperation Base in Lianyungang City, Jiangsu Province.

On February 22, 2024, large machinery was hoisting containers at the Sino-Kazakhstan Lianyungang Logistics Cooperation Base in Lianyungang City, Jiangsu Province.

In recent years, the development of modern logistics in China has achieved positive results, the service quality and efficiency have been significantly improved, and the social logistics cost has been steadily reduced. In 2023, the ratio of total social logistics cost to GDP in China was 14.4%, which was 0.3 percentage points lower than that in 2022.

Ma Hong, a professor at the Department of Economics of Tsinghua University School of Economics and Management, said that reducing costs and increasing efficiency in the logistics industry will help promote the smooth flow of commodity factor resources in a wider range, promote industrial restructuring and coordinated regional development, and the upstream and downstream of the industrial chain can be better based on regional endowments and institutional conditions. Optimize the layout, promote agglomeration economy and economies of scale, as well as the formation of intelligence and digitalization; Promoting the integration of industries will also promote the formation of a unified national market and improve the overall operational efficiency of the national economy.

At present, China’s economic recovery is still at a critical stage. Carrying out the decision-making arrangements of the CPC Central Committee to the letter, speeding up product upgrading and promoting the logistics industry to reduce costs and increase efficiency are conducive to continuously releasing the potential of domestic demand and continuously consolidating and enhancing the economic recovery.

(Central Radio and Television General Station CCTV Network)