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Two ministries and commissions: strengthen land and capital security and ensure the demand for logistics land.
On the evening of the 2nd, the State Council forwarded the Notice of the Ministry of Transport of the National Development and Reform Commission on Implementing Opinions on Further Reducing Logistics Costs. According to the notice, in order to implement the decision-making arrangements of the CPC Central Committee and the State Council on coordinating epidemic prevention and control and economic and social development, further reduce logistics costs, improve logistics efficiency and speed up the restoration of production and living order, the following opinions are put forward.

Ensure the demand for logistics land. For major logistics infrastructure projects such as national logistics hub, special railway line and cold chain logistics facilities determined by the state and relevant departments and provinces (autonomous regions and municipalities directly under the Central Government), key guarantees will be given in terms of construction land indicators. Support the use of railway allocated land and other stock land to build logistics facilities. Guide local governments to use collectively-operated construction land to build logistics infrastructure in accordance with relevant regulations. (Ministry of Natural Resources, China Railway Corporation and provincial people's government are responsible)

Improve the evaluation of logistics land. Guide local governments to set reasonable performance evaluation indicators for logistics land. Under the premise of conforming to the plan and not changing the use, the utilization rate and plot ratio of self-owned industrial land or storage land will be improved, and the land price will not be increased if it is used for the construction of logistics facilities such as storage, distribution and transshipment. (The Ministry of Natural Resources and the provincial people's government are responsible)

Broaden financing channels. Increase the support of central budget investment and local government special bonds for major logistics infrastructure construction such as national logistics hub and national backbone cold chain logistics base. Guide banking financial institutions to strengthen financing support for logistics enterprises, encourage the development of supply chain finance norms, and rely on core enterprises to strengthen financial services for upstream and downstream small and micro enterprises. Give full play to the role of the comprehensive credit service platform for financing of small and medium-sized enterprises nationwide, and promote the "credit-easy loan" model. Implement credit due diligence exemption and differentiated assessment incentive policies, and clarify due diligence identification standards and exemption conditions. Encourage social capital to set up a logistics industry development fund. (The Development and Reform Commission, the Ministry of Finance, the People's Bank of China, the China Banking Regulatory Commission and the China Development Bank are responsible for the division of responsibilities. )

Improve the risk compensation and sharing mechanism. Encourage insurance companies to provide guarantee insurance and credit enhancement support for logistics enterprises to obtain credit financing, and increase policy guarantee support for logistics enterprises. Give full play to the advantages of commercial insurance and support insurance companies to develop comprehensive insurance products for logistics enterprises and accidental injury and medical insurance products for employees in emerging logistics formats. (Responsible by China Banking Regulatory Commission)