China logistics upgrade to help boost growth

Building a modern logistics system with enhanced cargo capacity on high-speed railways and international flights will drive infrastructure investment in airports and high-speed railways, as well as other transportation solutions, said Feng Tianjun, a professor at Fudan University’s School of Management in Shanghai

BEIJING: The central government’s recent decision to construct a modern logistics system to support the dual circulation development pattern would guide infrastructure investment into high-efficiency transportation including airports and high-speed railway development, experts said.

They said a modern and efficient logistics system would help provide strong market dynamism for balancing supply and demand, industrial upgrading, improving economic efficiency and fostering high-quality development in the country.