Expert: Reform and scale will drive new trends in logistics
By Xu Xiao | China Daily | Updated: 2013-10-28 07:02
Chinese logistics companies should use advanced technologies and better management to embrace new challenges in the industry, said Ma Zengrong, director-general of the China Logistics Technology Association.
Despite the lasting economic doldrums in Europe and the United States, China's economy remained on a healthy track this year, providing a sound environment for the logistics industry, Ma said.
As an emerging pillar industry in China, the logistics industry now accounts for some 7 percent of the nation's GDP. It has been growing at an average annual rate of 20 percent over the past decade.
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