The government plans to speed up construction on logistics projects as part of its efforts to stabilise economic growth and encourage industrial restructuring, Xinhua said, citing a statement from the Chinese National Development and Reform Commission.
China aims to build a modern logistics service system by 2020, with value added output growing at around 8%, or 7.5% of the country's GDP, Xinhua said.
The China Federation of Logistics and Purchasing reported that goods worth 104.7 trillion yuan (US$2.55 trillion) were transported in the first half of the year, Xinhua said.
Between January and June the gross revenue of the logistics industry was 3.6tr yuan, up 5.4% on the same period last year, Xinhua said.
