What are the adverse impacts of China's transport costs on China's gdp18% and high logistics costs?

China's transport costs account for 18% of China's GDP, which is generally 10% higher than in developed countries, according to a recent KPMG report. For manufacturers, logistics costs can be as high as the production cost of 30%-40%.

At the same time, the current situation of high logistics cost in China has not changed, and the total logistics cost of the whole society is still increasing dramatically. According to the National Development and Reform Commission statistics, last January-October, the whole social logistics costs amounted to 6.4 trillion yuan, the year-on-year growth rate of 18.7%.

Far-reaching, the butterfly effect caused by high logistics cost is also appearing continuously. The high cost of logistics not only makes the sustainable development of logistics economy seriously restricted, but also extends to other fields of economic development.

What are the adverse effects of high logistics costs on the Chinese economy?

"From the perspective of the operation of the social economy, logistics can be simply understood as a transit route for manufacturing and sales, and its cost directly determines the demand for downstream markets, if the logistics costs are too high, at least 3 levels of adverse effects." Gao Boxuan, a senior researcher at CIC, said in an interview with reporters.

Gao Boxuan that, first of all, from the supply and demand perspective, if the logistics cost is too high, then the demand will be compressed by high cost, which hinders the rapid development of the real economy; Secondly, from the profit margin of each link, the high cost logistics will force the transportation market to make concessions in the profit margin, which will not be conducive to perfecting the distribution of logistics industry; In the vicious economic environment, excessive logistics cost will not be conducive to the transmission of economic policy, especially in the control of inflation, because the market is more sensitive to logistics costs, inflation governance is easy to repeat.

It is undeniable that the increase of the price of oil, the increase of human cost, the upgrading of equipment in logistics enterprises and the increase of the cost of management are all the important reasons for the increase of logistics cost. However, from the actual situation in recent years, the cause of high logistics costs is clearly more than these.

"More important is the impact of administrative and policy factors." Gao Boxuan said that, from an administrative point of view, because of the unique mode of traffic construction in our country, the local government has kept the long-term charge for the purpose of ensuring the financial stability, and has directly aggravated the logistics cost. From the aspect of economic policy, due to the weakness of tax system and financial expenditure, the logistics industry is forced to divide, which leads to the increase , adding additional cost pressures.

It is noteworthy that the logistics and transportation tax is too high has been widely criticized. For trucking enterprises, the tolls can account for 1/3 of the total cost, higher than the developed countries to be about one times. In addition, transport enterprises need to pay 3% of the business tax, warehousing and freight forwarders need to pay 5% of the sales tax.

"From the point of view of the industry development of the logistics industry, the increasing pressure of transportation cost will lead to the increase of business pressure, which leads to the dilemma of industry development." From the point of view of the subdivision cost, the highway toll and the repeated tax system have become the biggest pressure source of the logistics industry, although the direction of the next policy reform is also clear, but if the policy can not be rectified in time, the cost of the logistics industry will become an armchair. "Gao Boxuan said.

So how can we reduce the cost of logistics? Gao Boxuan suggested that tax reform and financial support could be carried out: on the one hand, structural tax reduction is bound to be divided into the logistics industry, the reform of the tax system will effectively reduce the overall cost of China's logistics industry; On the other hand, in reducing the cost of logistics, highway charges are related to local government interests and From the financial support to improve, so as to achieve a substantial reduction in logistics costs.