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Academic Journal of Business & Management, 2022, 4(13); doi: 10.25236/AJBM.2022.041309.

Reduce Institutional Logistics Costs and Promote the High Quality of Wuhan Logistics Industry

Author(s)

Juan Du1, Dong Yang2, Min Gao1

Corresponding Author:
Juan Du
Affiliation(s)

1School of Business, Jianghan University, Wuhan, China

2China Railway Materials International Tendering Co., Ltd, Beijing, China

Abstract

Institutional logistics cost is a part of logistics cost, and reducing logistics cost is an important content of supply side reform in logistics field. The logistics industry in Wuhan is developing rapidly. In order to promote the high-quality development of the logistics industry in Wuhan, we can further reduce the institutional logistics costs by reducing the tax burden cost of logistics enterprises, reducing the traffic cost, deepening the reform of "deregulation, management and service" in the logistics field, strengthening the review and cleaning of enterprise related charging projects, canceling or reducing enterprise related charges, and encouraging the technological innovation and application of logistics enterprises.

Keywords

institutional logistics cost, Wuhan, High quality logistics industry

Cite This Paper

Juan Du, Dong Yang, Min Gao. Reduce Institutional Logistics Costs and Promote the High Quality of Wuhan Logistics Industry. Academic Journal of Business & Management (2022) Vol. 4, Issue 13: 64-69. https://doi.org/10.25236/AJBM.2022.041309.

References

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[2] Yu Juan. Focus and Policy Suggestions on Further Reducing System Costs in the Logistics Industry [J]. Macroeconomic Management, 2018, Issue 5, pp. 40-45.

[3] He Liming. Some Problems in Promoting the High Quality Development of Logistics [J] China's Circulation Economy, October 2018, Volume 32, Issue 10, pp. 3-7.

[4] Wuhan's three-year action plan for cost reduction and efficiency increase in logistics (2020-2022), http://www.wuhan.gov.cn/zwgk/xxgk/zfwj/szfwj/202012/t20201210_1549710.shtml.

[5] Jiang Shuman, Xu Meixia. Research on Countermeasures for Reducing Costs and Increasing Benefits of Hubei Transportation to Promote Logistics Industry [J]. Logistics Technology, Vol. 40, No. 5, 2021, pp. 32-35.