Eight departments: Encourage financial institutions to provide diversified financial services for transportation and logistics companies by combining the characteristics of logistics supply chains.
The China Banking and Insurance Regulatory Commission and seven other departments jointly issued the "Action Plan for Accelerating the Cultivation of Leading Enterprises in Transportation and Logistics to Enhance the Service Guarantee Capability of the Industrial Chain and Supply Chain". It mentioned implementing policies related to strengthening the guarantee of natural resource elements to promote the high-quality development of modern logistics in the transportation and logistics field, and strengthening support for the supply of development space in transportation and logistics, as well as enterprise project construction land and sea use. Strengthening the connection between government, banks, and enterprises, encouraging financial institutions to provide diversified financial services to transportation and logistics enterprises based on the characteristics of the logistics supply chain. Strengthening data sharing and mutual verification between logistics supply chain enterprises and financial institutions, supporting financial institutions in improving the level of supply chain financial services. Encouraging financial institutions to optimize and improve insurance products, providing insurance services for transportation and logistics enterprises to expand into international markets.
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