China's plan to expand and modernize its transport network will boost connectivity, the allocation of global resources, and trade across the globe, experts have said.
China recently unveiled a program called the "Global 1-2-3 Logistics Circle" to expand the country's strength in the transport sector over the next 15 years, setting long-term goals for the industry to develop a modern, high-quality and comprehensive national transport network.
The aim is for one-day domestic delivery of goods in China, two-day delivery from neighboring countries, and three-day delivery to major global cities, according to guidelines jointly released last month by the Central Committee of the Communist Party of China and the State Council.