China Likely to Offer Further Aid to Logistics Sector, Vice Finance Minister Says

What’s new: China‘s Vice Finance Minister Liao Min said he expects more financial policies to be issued to help in the recovery of the country’s logistics industry, which has been severely impacted by the repeated outbreaks of Covid-19.

Liao made the remarks during the Tsinghua PBCSF Global Finance Forum 2022, which began on Saturday in Beijing.

“I expect the financial departments to provide key logistics, warehousing and e-commerce companies with more services designed to keep logistics and their supply chains intact during this special time,” said Liao, who also serves as deputy director of the Office of the Central Financial and Economic Affairs Commission. He did not give specifics.