2022.04.30 16:56 GMT+8

Cargo holdup: Guangzhou e-commerce warehouses receive government subsidies

Updated 2022.04.30 16:56 GMT+8
CGTN

Guangzhou has given out 12 million yuan, or $1.8 million worth of warehouse rental subsidies. The money is among the measures to help e-commerce logistics providers reduce costs amid supply chain disruptions. According to a recipient of the subsidy, rising consumer demand, intensified COVID-control measures and port congestions are among reasons warehousing costs have gone up. 50 warehouses in Guangzhou have received the financial aid.  

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