#China grinds to halt in Feb due to #coronavirus. Transport Ministry listed data today in briefing. Noted by @chengevelyn.
Railway 🚃, highway 🛣, waterway 🚣♀️, civil air ✈️:
Passenger volume: -79.9%
Cargo volume: -26.5%
Taxis 🚖, incl. online ride-hailing:
Orders/volume: -85%
Railway 🚃, highway 🛣, waterway 🚣♀️, civil air ✈️:
Passenger volume: -79.9%
Cargo volume: -26.5%
Taxis 🚖, incl. online ride-hailing:
Orders/volume: -85%
#China Transport Ministry lists 10 ways to help logistics firms cope: 1) no tax on sales if transport goods for epidemic control 2) no fee for goods clearing ports Mar 1-Jun 30; 20% cut for port management, security fees. For non-petrol ships, emergency response fees suspended
3) till end-Jun, fees for railway insurance, extended use of containers, delayed trucks cut in half. 4) payment into civil aviation development fund suspended for airlines; price cuts for government managed airport services
5) transport/logistic firms that conducted emergency tasks for government public service to be compensated by relevant finance departments 6) low interest loans to be offered to companies transferring medical supplies, daily necessities
7) financial support for logistic firms esp. SMEs hurt by epidemic 8) insurance firms encouraged to cut fees for vehicles halted due to outbreak 9) info on free highway transport to come 10) taxi firms encouraged to reduce payments required for drivers (scio.gov.cn/xwfbh/xwbfbh/w…)
