Shanghai: Encourage financial institutions to provide more targeted financial products for the development of multimodal transportation.

date
05/11/2025
The Shanghai Municipal Transportation Commission and the Shanghai Development and Reform Commission recently issued the "Shanghai Action Plan for Reducing Costs, Improving Quality and Increasing Efficiency in Transportation and Logistics". It mentions cultivating multimodal transport operators, promoting the full utilization of equipment by multimodal transport enterprises for large-scale updates, and transitioning towards intelligence and greenization. Based on the development trends of the Yangtze River Five Fixes, Yangtze River-Sea Intermodal Transport, inland waterway operations, sea-rail intermodal transport, and air-rail intermodal transport, it will research and optimize the scope of subsidies for integrated transportation. It encourages financial institutions to provide more targeted financial products for the development of multimodal transport and ensures the invoice limits for platform-based multimodal transport enterprises. It strengthens cross-regional coordinated supervision, coordinates with Zhejiang Maritime Supervision Department, connects with the Yangtze River Estuary Navigation Management Bureau and the maritime departments of the Yangtze River Economic Belt to synergistically optimize supervision standards. It coordinates with railway departments to provide a stable railway train supply system.