China to improve transport to support manufacturing

   Date:2006/12/31

China is the world's most dynamic logistics market. One of the key trends was the amazing growth of the country's economy and the transforming effect that this was having on the logistics industry. This is still very much the case, with investment by foreign companies continuing to grow at a phenomenal pace.

However the challenges which the author identified then have not diminished and in many cases have been exacerbated by the pressures which stellar growth rates have exerted on developing businesses.

The Chinese economy is presently (August 2006) growing at rates in excess of 10% per annum and this is reflected in the growth in the Chinese logistics market and infrastructure. After focusing economic growth on the manufacturing industry, China is now dealing with the need to improve its transport infrastructure to support further expansion.

The Chinese economy has been heavily dependent on logistics since its growth as an exporting nation in the late 1990s.

However China needs to develop logistics market and physical infrastructure qualitatively if momentum is to be sustained.

Source:佚名

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