China is undertaking a series of measures to spur its logistics industry, which has such importance to the national economy. Although it was thought worldwide that China met the challenge of last year’s snowstorm pretty well many commentators suggest that under the heavy weight of snow and sleet, the seemingly strong logistics system ground to a halt. Policy-makers have learned a lesson from the transport crunch. The State Council has devised a revitalization program for the next three years in an effort to make the transport system more efficient, and more importantly, boost the entire logistics industry. It is the first time the government has created such a major package, laying out long-term goals for the industry. And analysts say it could serve as a curtain raiser for future policies in the sector.
