The logistics business involves manufacturers and logistics enterprises, such as a series of hyperlinks such as storage, transportation, package, distribution and info processing. By the end of 2010, there have been about 100,000 associated enterprises of the logistics sector with low industrial concentration.
Soon after the entry into WTO, China comprehensively carried out the policy of opening-up. In 2008, the Ministry of Commerce listed modern logistics in industries encouraged for foreign investment. And China was listed as a single of the most essential logistics markets in the planet by a number of foreign logistics enterprises.
In recent years, international logistics enterprises consistently increase the investment in China and speed up logistics network expansion. At the moment, China has turn into an essential overseas marketplace for various international logistics enterprises, and the number of international logistics enterprises in China increases. International logistics enterprises speed up mergers of large-scale logistics enterprises and provide increasingly abundant services in numerous types(joint ventures/mergers, particularly with big private logistics enterprises). At present, multinational logistics enterprises have formed strategic superiority in air freight field, although that in express delivery has been initially formed. Following port, parks and transit center, domestic airports grow to be new investment spots for foreign investors, who are optimistic about investment in China’s domestic airports in the extended term. In recent years, foreign industrial estate developers bring in new development mode of logistics estate, break original market place pattern, accelerate transformation, reorganization and upgrade of China’s logistics sector, and also bring competitors to China’s regional logistics enterprises.
International operation is an critical way for nearby logistics enterprises to tackle the international competitors. It will be the development path for China’s nearby logistics giants to discover multinational service demand of domestic and overseas clients with regional benefits, offer potent assistance of logistics and provide chain management for domestic clientele to expand business overseas, and offer full localized logistics and supply chain options. In fact, local logistics enterprises represented by COSCO Logistics and Sinotrans Logistics are enhancing their services to enhance their competitiveness. For instance, COSCO Logistics emphasizes on high worth-added supply chain and logistics service connected to the shipping industry and transnational transportation. On the basis of storage resources, China National Materials Storage and Transportation Logistics Co., Ltd. type comprehensive logistics company mode efficiently combining spot marketplace, movable home supervision, bulk trade, processing and distribution with freight agency.
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