Shanghai to build three logistics parks

Shanghai city government plans to develop three logistics parks as part of its move to attract more international logistics firms, according to Shanghai Daily. The parks will 8
be sited in Waigaoqiao, Pudong and at a third location northwest of the city near the Outer Ring Road. The Waigaoqiao site will be developed over the next 10 years at a cost of more than Yn10bn and will offer services such as container storage, bonded warehousing, freight forwarding and distribution. The Pudong International Airport Logistics Park, in which Yn7bn will be invested, will provide cargo transhipping and warehousing, multi-mode transport and intermediary services, as well as online trading.