Foreign Capital swarmed into China Logistics
Many foreign companies made investments in China’s logistics last year because of the opening up in 2005.
The competition in logistics mainly focuses on cargo transportation and express services. FedEx, the world’s largest express company, offers services to more than 220 Chinese cities. The number will increase by 100 in the following four or five years.
UPS, a leading global provider of specialized transportation and logistics services in the US, operates six direct flights to Beijing and Shanghai and has set up offices in over 20 cities, including Shenzhen, Qingdao, and Xiamen.
TNT, a world leading provider of express delivery services, logistics supply chain solutions and mail services, has had more than 2,000 service networks in China.
Meanwhile, foreign capital also focuses on auto logistics, energy transportation and port logistics.