Guangzhou widens logistics index spectrum to provide greater nuance
2012 05 22
- Details
GUANGZHOU is to widen the range of its existing logistics indexes to better reflect the development of the industry, Xinhua reports.
Guangzhou will add logistics industry added value, social logistics cost (the cost of all logistics operations), social logistics industry output and social logistics value to the existing cargo transportation volume and turnover volume. (Social logistics in a mainland term encompassing all logistics business from micro to macro.)
An Guangzhou Transportation Commission official pointed out that more detailed indexes can help government devise better policies for the future development of the logistics industry and can be a better indicator for the enterprises to refer to and adjust their strategy and allocate their resources.
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