NDRC to propose plan on construction of global logistics channel

BEIJING, June 19 (Greenpost) – China’s top economic planner – the National Development and Reform Commission (NDRC) said on its website on Friday that it intended to come up with a plan on constructing the grand global logistics channel to solve the major problems troubling Chinese companies.

NDRC made the decision at a recent symposium which China Railway Corp. China Petrochemical Corp (Sinopec Group), China Merchants Group, SinoTrans&CSC Holdings Co., Ltd., COSCO Group, China Post Group, and S.F. Express and China Federation of Logistics & Purchasing were asked to attend to report their progresses and difficulties in “going global” in logistics sector and give suggestions for constructing the global logistics channel.

The NDRC said it would propose a feasible plan on this regard after further study of advices from these businesses. (Edited by Duan Jing, duanjing@xinhua.org)