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China to boost mordernization of logistics

Xinhua, November 2, 2015 Adjust font size:

Premier Li Keqiang urged modernization of logistics to boost domestic consumption on Monday.

In a written instruction, he urged departments and local authorities to undertake reforms and innovation to map supportive policies, clear "roadblocks" toward building a national market, break regional barriers and cut logistics costs.

Popular entrepreneurship and innovation will be further encouraged and services on such aspects will be improved, Li noted.

Vice Premier Wang Yang attended the meeting, vowing to turn logistics for domestic trade into a new engine for economic development.

Domestic consumption contributed to 58.4 percent of GDP growth in the first three quarters amid government efforts to steer away from over-reliance on investment and export. Endi