Shijiazhuang City
Good Life China has signed a cooperation agreement with the Hebei Province subsidiary of China Material Reserve Transportation Company.
China Material Reserve Transportation Company is one of the largest logistics providers in China, and its Hebei Logistics Center is the largest third-party logistics company in Hebei Province, with total assets of RMB400 million ($6 million) and an annual handling capacity of over 100 million tons.
China Reserve Logistics will service the Shijiazhuang City District and the surrounding 17 counties and cities on behalf of Good Life, with a total population of roughly 7 million people. It is anticipated that total throughput at the logistics center could reach RMB2 billion ($290 million) by the end of the year.
Source: Market Watch
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