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Spirethoughts

Spire's six most recent Spirethoughts.

Crude oil prices and the environment
Productivity & Efficiency – the new WFH buzzwords
Will Smart Health & Safety products ride Covid-19’s coattails?
Will Smart Health & Safety products ride Covid-19’s coattails?
Awareness and adoption of Sustainable Smart Technology
Technology security and privacy concerns have become critical to consumers
Technology security and privacy concerns have become critical to consu...
Airlines caught in Covid turbulence

China pledges support to private investors in logistics sector


In a bid to ensure fair competition, China’s top economic planner announced more support to private investors in the logistics sector.

According to a statement issued by the National Development and Reform Commission, a guideline was published to pledge substantial tax reduction, more favourable land-using policy and better financing environment for private logistic companies.”

To streamline the development in the sector, the newly adopted guideline also included a list of key logistic areas in which private investors are encouraged to invest in.

Sectors such as medicine and renewable resources delivery, supply chain management and cooperation with state-owned railway logistic companies, were highlighted as the key areas.

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