A new round of the national initiative to strengthen and upgrade integrated freight hubs is being implemented, with incentive funds prioritizing the renovation and upgrading of multimodal transport hub ports and terminals.

In order to further promote the work of supplementing the chain and strengthening the chain of the national comprehensive freight hub, the Ministry of Transport, the Ministry of Finance and other five departments jointly issued the ''Notice on Doing a Good Job in the Implementation of the New Round of National Comprehensive Freight Hub Supplement Chain and Strong Chain Upgrading Actions, which clarified the requirements for the declaration, review and performance evaluation of the new round of actions. The notice pointed out that the allocation of bonus funds will highlight the key points, give priority to supporting the renewal and transformation of hub port stations with obvious multimodal transport functions and collection and distribution railway projects, while moderately guiding equipment renewal and information projects. The upper limit of the bonus proportion for such projects is 20% of the approved investment. Each hub city needs to select the type of freight hub and prepare the implementation plan according to its own situation. Each province can recommend no more than one city or provincial urban agglomeration each year, and cross-provincial joint declaration of one urban agglomeration per year does not account for the recommended quota of relevant provinces. The combined hub city is regarded as a declaration subject, and the first round of supported cities will not declare this round. In terms of fund management, the financial departments of provinces and cities need to formulate management rules in conjunction with the transportation departments to clarify the procedures for fund arrangements. The proportion of bonus funds for individual projects in the eastern, central and western regions shall not exceed 40%, 50% and 60% of the approved investment respectively.