--- SEARCH ---
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service

Hot Links
China Development Gateway
Chinese Embassies

Significant Progress in Logistics Since WTO Entry

China's fledging modern logistics industry reported significant progress in the first year since the country joined the World Trade Organization (WTO) and expects a stage of rapid development in three to five years.

This conclusion was drawn at the Nanhai International Logistics Forum, which opened Thursday in Nanhai City, in south China's Guangdong Province.

About 500 Chinese and overseas specialists and company delegates attended the two-day forum. They agreed that China's modern logistics had got off to a healthy start.

Progress had been spurred by the business activities of trans-national corporations in China, Ding Junfa, vice chairman of the China Federation of Logistics and Purchasing, said Thursday in Nanhai.

Trans-national corporations have rushed to enter the Chinese market. Some of them rely on local logistics companies, and some turn to Sino-foreign joint-venture logistics providers.

Meanwhile, some large trans-national companies have moved theirbuying centers to China, offering the logistics sector a good chance to increase business turnover and improve its management.

The industry has been given priority by the State Economic and Trade Commission, a top economic planner in China, in its blueprint for the 2001-2005 period. Technical upgrading of logistical projects has begun attracting subsidized financial support from the government.

(Xinhua News Agency November 29, 2002)

Sino-German Joint Logistics Company Under way in Beijing
China Post Seeks Logistics Partners
Logistics Sector Shows Great Potential
Logistics Center Near Capital Airport Taking Shape
Beijing to Build Modern Pharmaceutical Logistics Distribution Center
Joint-Venture Auto Logistics Firm Set up in China
Logistics Sector Calls for State Help
US Nacco's Logistics Arm Decides to Move Regional Headquarters to Shanghai
Print This Page
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688