Famous global brands for logistics technology and equipment will get front row seats to see how China has developed the industry at the CeMAT ASIA 2008 exhibition at the end of the month in Shanghai.
The four-day exhibition allows Chinese logistics equipment and manufacturers one of the biggest opportunities to showcase their new technology and products while scouting areas for potential business cooperation among foreign counterparts.
Some 380 exhibitors from 25 countries and regions are expected to attend the event at Shanghai New International Expo Centre.
As the leading event in the logistics field, CeMAT ASIA will showcase the industry’s latest products and technologies.
Though the logistics industry as a concept was almost unknown to the Chinese 30 years ago, it is an area of business that China has been developing on an impressive scale.
Statistics from China Federation of Logistics and Purchasing (CFLP) show the nation’s output value for logistics equipment increased almost seven times, reaching RMB200 billion($29.28 billion) last year, up from RMB30 billion in 2002.
With an annual growth rate of 30 percent, China’s logistics equipment sector is now able to cater to a wide range of logistics services, from transportation equipment including cranes and forklifts, to port and airport facilities.
Source: China Daily
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