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The Beijing Initiative on Global Transportation Cooperation and Communication has been supported by 25 countries and international organizations, calling for joint efforts by the international community to build a safe, convenient, efficient, green and economically sustainable transportation system.

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president and chairman of the Central Military Commission, has recently delivered instructions on advancing the development of pilot free trade zones (FTZs).

Cainiao Smart Logistics Network Ltd, a unit of Chinese tech heavyweight Alibaba Group Holding Ltd, has officially filed its application for an initial public offering on the Hong Kong bourse, as the company steps up efforts to build logistics networks across the globe and boost its delivery efficiency.

The People's Bank of China, the nation's central bank, assured the market on 27th of Sept that it will continue to beef up support for economic recovery instead of paring down stimulus amid the recent uptick in recovery momentum.