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JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD
.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i
n response to arguments on the company’s salary adjustments in an internal email sent on Monday.
JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut
ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.
If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.
The main reasons for the loss are few external delivery orders and high internal costs, Liu said.
The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco
me growth; the other, reduce staff members’ well-being to the level of other express companies.
Reducing fund ratios to average levels and canceling the basic salary a
ims to encourage couriers to get more external delivery orders and increase revenue.
ival, Tomb-sweeping Day, May Day and Dragon Boat Festival, all saw a marked increase in the number of domestic tourists.
During the three-day Tomb-sweeping Day holiday that ende
d on April 7, the number of domestic tourists reached 112 million, a 10.9 increase year-on-year.
Apart from sightseeing, more Chinese tourists now opt to exp
erience the cultural essence of their destinations by visiting local museums.
Over the past three years, visitors to Chinese museums have been growing by about 100 mi
llion each year, Liu Yuzhu, head of the National Cultural Heritage Administration, told reporters earlier this year.
During the week-long Spring Festival Holiday in 2019, more than 40 percent of the 415 milli
on domestic tourists visited museums, a report from the China Tourism Academy showed.