Logistics is the backbone of the real economy, connecting production and consumption, domestic and foreign trade. It is necessary to effectively reduce the logistics costs of the whole society, enhance the core competitiveness of industries, and improve economic operation efficiency. Li Qiang, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Premier of the State Council, and Deputy Director of the Central Financial and Economic Commission, Cai Qi, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Secretary of the Central Secretariat, and member of the Central Financial and Economic Commission, and Ding Xuexiang, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Vice Premier of the State Council, and member of. The meeting listened to reports from the National Development and Reform Commission, the Ministry of Commerce, and the Ministry of Industry and Information Technology on large-scale equipment updates and the trade in of consumer goods, as well as reports from the National Development and Reform Commission, the Ministry of Transport, and the Ministry of Commerce on effectively reducing logistics costs throughout society. The Ministry of Housing and Urban Rural Development, the State Administration for Market Regulation, and the State Railway Group have made written reports. The meeting emphasized that implementing large-scale equipment updates and exchanging old for new consumer goods will effectively promote investment and consumption, benefiting both the current and the long-term. We need to strike a good policy combination punch, promote the continuous increase in the proportion of advanced production capacity, increase the entry of high-quality and durable consumer goods into residents' lives, recycle waste resources, and significantly improve the quality and level of national economic circulation. We must adhere to market orientation and government guidance, encourage advanced and eliminate backward, adhere to standard guidance and orderly improvement. The meeting pointed out the need to promote the updating and technological transformation of various production and service equipment, encourage traditional consumer goods such as automobiles and household appliances to trade in old for new, and promote durable consumer goods to trade in old for new. Promote large-scale recycling and reuse, strengthen the development of the "replacement+recycling" logistics system and new models. To exchange old for new consumer goods, we must adhere to the linkage between the central government and local governments, coordinate and support all aspects of the entire chain, and more benefit consumers. The meeting emphasized that reducing logistics costs throughout society is an important measure to improve economic efficiency. The starting point and foothold of logistics cost reduction is to serve the real economy and the people, and the basic premise is to maintain a stable proportion of the manufacturing industry. The main ways are to adjust the structure, promote reform, and effectively reduce transportation costs, warehousing costs, and management costs. Optimize the transportation structure, strengthen the transition from public transportation to rail and from public transportation to water, deepen the reform of the comprehensive transportation system, and form a unified, efficient, and competitive logistics market. Optimize the main trunk lines and major channels, eliminate blockages and checkpoints, improve the modern commercial circulation system, and encourage the development of new logistics models that combine with platform economy, low altitude economy, unmanned driving, etc. Overall planning of logistics hubs, optimization of transportation infrastructure construction and major productivity layout, and vigorous development of air and port economies. Members of the Central Committee of Finance and Economics attended the meeting, and officials from relevant departments of the central and state organs attended the meeting as observers. (Lai Xin She)