[photopress:logistics_port_1.jpg,full,alignright]ResearchInChina publishes China Logistics Industry Report, 2007-2008. More on this at the ResearchInChina site
China’s total value of logistics in 2007 reached RMB75.2282 trillion, up 26.2% year on year.
According to a conservative estimate by the China Federation of Logistics and Purchasing, China’s logistics industry is expected to have a compound annual growth rate of 16% in the coming three years.
In 2007, the added value of China logistics industry was RMB1.7 trillion, up 20.3% year on year, accounting for 17.6% of the total of China service industry and 6.9% of China’s GDP.
In the same year, China’s total cargo transport volume was 22.53 billion tons and its turnover volume of freight transport was 10.1 trillion tons/kilometers, up 10.7% and 11.8% year on year respectively. Broken down by modes of transportation:
Water transportation 67%.
Road transport 10.5%.
[photopress:logistics_port_2.jpg,full,alignleft]This report is based on the authoritative statistics from the China Federation of Logistics and Purchasing, the National Development and Reform Commission, the Logistics Association of China, the China Auto Logistics Association of CFIP, the General Administration of Customs, the State Information Center, and the National Bureau of Statistics.
Source: PR Inside
You must log in to post a comment.