Industry Information

With the arrival of the fourth quarter, my country's consumption has entered its traditional peak season. The latest high-frequency economic data show that my country's logistics and commercial activities are becoming increasingly frequent, online and offline consumer demand continues to be released, and the vitality of service consumption has been significantly enhanced.

On the shore of the vast Yellow Sea, there is a city known as the Pearl of the Orient, Qingdao. This city is not only famous for its beautiful scenery and profound cultural heritage, but also for its world-class port, Qingdao Port, which has become the gateway of the Maritime Silk Road connecting Asia and the world.

The State Council Executive Meeting on November 8 passed "Several Policy Measures on Promoting Stable Growth of Foreign Trade", emphasizing the need to make every effort to ensure stable growth of foreign trade in order to strongly support the steady recovery of the economy.

As a logistics industry that connects both ends of the market and has become increasingly powerful, it faces many challenges such as reducing costs and improving service quality. However, domestic policies have begun to show results, such as the significant improvement of the overall efficiency and service level of logistics, which has provided strong support for the construction of a modern economic system and high-quality economic development.

The Ministry of Transport and the National Development and Reform Commission recently jointly issued the "Action Plan for Reducing Costs, Improving Quality and Increasing Efficiency in Transportation and Logistics", which clearly stated that by 2027, transportation and logistics costs will be effectively reduced, service quality will be significantly improved, and economic benefits will be significantly enhanced.

According to information released on the official website of the General Administration of Customs of the People's Republic of China, in the first ten months of 2024, my country's total trade in goods (including exports and imports) reached a staggering 36.02 trillion yuan, an increase of 5.2% compared with the same period last year.