Kunming, capital of Southwest China’s Yunnan province, expects the total revenue of its logistics industry to double in three years and exceed 500 billion yuan($72.37 billion), equaling half of the total logistics revenue of Yunnan province.
The city will build port and airport logistics hubs to boost its international logistics, trade and industrial cooperation with South and Southeast Asia.
Kunming's logistics industry’s facilities will be further developed, and the scale and efficiency of the modern logistics industry will be greatly improved by 2024.
By 2024, Kunming envisages 1,000 international cargo trains and an annual 7 million tons of cargo passing through its railway stations.
In the coming three years, a total of 83 projects, with a planned investment totaling 105 billion yuan, will be implemented to improve the infrastructure of logistics hubs.
Kunming is striving for its total import and export volume to double within three years, and in doing soexceed 300 billion yuan and hit an average annual growth of 26 percent.
Kunming is encouraging enterprises to establish production and service bases in South and Southeast Asia, focusing on agricultural parks, modern logistics parks, processing parks and others.
