Recently, the Asia-Pacific Economic Cooperation Seminar held in Singapore, to be of service through improved logistics and to further promote the flow of trade among members, thereby promoting the recovery of the regional trade. Singapore Trade and Industry Minister Lim Hng Kiang said that the global supply chain, production and trade system like the arteries, through improved logistics, can improve efficiency, cost savings, trade facilitation, which can accelerate the economic recovery.
Reporter Speed Reading: during the financial crisis, the economic organization is an important way to deal with the crisis is the "cutting" and look forward to minimize the cost to achieve maximum output. The conference released a report showed the efficiency of cargo transportation among APEC members, such as increased by 10%, will give the region the benefits brought about 21 billion U.S. dollars. Clearly, improvements in logistics will be an important source of improving economic efficiency has been widely recognized and valued. However, the 21 APEC member countries, there are like the United States, developed countries like Japan, there are like China, a developing country like Vietnam, the efficiency of its logistics there is a huge gap, so in order to achieve the efficiency of logistics improvement, reduction of logistics costs to achieve the objective of accelerating economic recovery, the Member States in the logistics still need to have more specific, in-depth exchanges and cooperation.