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City to build global logistics hub

Writer: Han Ximin  |  Editor: Zhang Chanwen  |  From: Shenzhen Daily  |  Updated: 2022-07-06

Shenzhen will build itself into a global comprehensive logistics hub featuring a network of ocean ports, airport, rails and roads, according to an action plan for the construction of modern logistics infrastructure released by the city’s transport bureau yesterday.

To achieve the goal, the city will establish a management service center for the global supply chain, an international transshipment center and a national logistics innovation and application center, as per the plan.

Priorities will be given to tasks such as building 30 highly efficient logistics transshipment centers across the city, community-level logistics distribution stations that meet residents’ need for high-quality life and improving the city’s oil and gas pipeline transport capacity.

By 2025, the integration of industrial and supply chains will be accelerated and the role of ocean ports and the airport as core transportation hubs will be further enhanced. Shenzhen will basically form a large-scale logistics infrastructure system, which is well organized and smart, and serves the development of the modern economy.

By 2035, the city will have a world-class high-quality logistics infrastructure network, which will be a global benchmark featuring a systematic layout, intensive development, highly efficient operations, professional services and modern governance.

The city will explore to utilize underground spaces for logistics distribution, accelerate digitalization of logistics infrastructure, expedite research and application of state-of-the-art logistics technologies and equipment, and encourage private investment in logistics infrastructure.

The city will also build a global cross-border express mail distribution center and ensure 20 square kilometers of land for logistics yards and 15 square kilometers of land for logistics warehouses across the city, the plan said.

By 2025, the city will reduce logistics costs to no more than 11% of its GDP, as per the plan.

Shenzhen is the country’s first city that has set modern logistics as a pillar industry and drafted a development plan for the industry. It is also the cradle of the country’s logistics supply chain management industry, according to the bureau.

Shenzhen’s logistics yielded a total added value of 308 billion yuan (US$46 billion) in 2021, up by 8.7% year on year, data from the statistics bureau showed. The total cargo throughput topped 439 million tons, up by 6% year on year.