FedEx holds positive view to China Express market

FedEx Corp. expressed great confidence in China’s time definite delivery (TDD) business in 2008.

The US-based company will meet new opportunities in expanding its businesses in China as its new Asia-Pacific transferring center at Guangzhou Baiyun International Airport is about to start operation in 2008 and the consuming market in the country is booming, said Eddy Chan, president of FedEx China.

The company has released its market promotion plan for 2008, with China as a focus. It purchased the stake of Tianjin Datian W. Group Co., Ltd. in their venture this March and Datian’s express assets in China, laying a good base for its plan in the country.

Besides, the US company started up its TDD services in China on June 28 this year, providing the services for customers in 19 cities of the country. It is providing overnight delivery service for over 30 main Chinese cities and next-day delivery service for over 200 cities in the country.

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