The meeting also adopted a host of policies for facilitating the restart of business activities in the logistics sector from transportation, shipment to express delivery services to provide a strong underpinning for epidemic control, help smooth the flow of economic activity, and meet people's daily needs.
The meeting called for following the region-specific, tiered and targeted approach to encourage businesses to resume operation in an orderly way. Any arbitrary requirements on the resumption of work must be lifted. Face masks and other needed protective gear should be made available through coordination. Sub-national authorities are required to provide equal convenience for both postal and courier services providers under all types of ownership.
"A major obstacle in current outbreak response and production resumption lies in logistics. Undue restrictions should be removed as quickly as possible. Otherwise, the operation of both industrial and supply chains will be hampered," Li said.
Further tax and fee cuts will be made to logistics-related services. Insurance companies will be encouraged to lower or exempt premiums for commercial vehicles, ships and aircraft whose operations are suspended during the outbreak, by way of extension of insurance period and deduction of policy renewal fees.
For toll-road operators encountering difficulty in repaying their financial debts as a result of the toll-free pass policy, financial institutions will be guided toward providing support to them through deferring interest payment, extending principal repayment and rolling over maturing loans.
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