share
 

China to accelerate construction of open, unified transportation market

0 Comment(s)Print E-mail Xinhua, December 23, 2024
Adjust font size:

BEIJING, Dec. 23 (Xinhua) -- China has issued a set of guidelines to accelerate the construction of an open and unified transportation market.

The country will encourage and guide social capital to participate in railway construction and operations in accordance with laws and regulations, per a document issued by the General Office of the State Council.

Efforts will be made to promote diversification and moderate competition among entities engaged in railway transportation, and to support qualified enterprises to independently operate intercity railways as well as urban and suburban railways.

Policies on clean energy substitution for transport equipment will be improved to promote the application of new and clean energy in medium and heavy-duty trucks, ships and other transport vehicles, according to the guidelines.

Where conditions permit, China will promote institutional innovation in the transportation sector in free trade pilot zones and at free trade ports, amid efforts to strengthen cooperation on transportation connectivity with countries participating in the Belt and Road.

Work will also be done to accelerate the construction of a global logistics supply chain system, develop diversified international transport corridors, improve globally oriented transport services networks, and enhance the resilience and security level of the logistics supply chain. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter