Since 2000, China has poured huge amount of money into the construction of transport infrastructure, and the whole industry has developed rapidly.
In the period 2000-2006, total investment of China’s listed transport and logistics companies increased much sharply and the investment surged to RMB148 billion in 2006 from RMB1.16 billion in 2000, representing a compound annual growth rate of 1.24.
However, starting from 2007, China has undergone something of a decline in total investment in the transport and logistics industry.
The statistics of the first several months in 2008 show that the newly-added investment from the listed companies is slowing down Possibly partially because of unstable international oil prices.
Source: MarketWatch