Looking to China's logistics market

China Railway Corp, a spin-off of the former Ministry of Railways, has announced its decision to develop the high-speed rail express business in a bid to make gains in the country's logistics market.

Currently in China, about 80 percent of express deliveries are carried out on the road, 15 percent via air and 5 percent via railway and other modes of transport, according to Hong Houxing, an analyst with Anbang Logistics.

Sun Zhang, a professor from the Urban Mass Transit Railway Research Institute at Shanghai's Tongji University, said the proportion of rail express' share in the country's logistic market only counted for about 1 percent.