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DHL begins domestic express service in China
(Xinhua)
Updated: 2004-05-11 11:14

World-famous express delivery and logistic giant DHL announced in Shanghai to start their express service in China on Monday, the first foreign express company to open this business in China.

"To provide home express service in China is a milestone in DHL 's development in China, which marks a large step in DHL's cooperation with China National Foreign Trade Transportation Group (Sinotrans)," said Dr. Klaus Zumwinkel, chairman of Deutsche Post World Net.

With its headquarters located in Brussels, Belgium, DHL takes Asia Pacific region especially China as its development emphasis.

According to Dr. Klaus Zumwinkel, from 2004 to 2008, DHL plans to invest over 215 million US dollars in China to develop its domestic express service and improve its infrastructures in China, including expanding four port operation centers, establishing 14 new branches, setting up three express logistic centers and 16 strategic spare parts centers.

Moreover, DHL Denzas Air & Ocean will establish two logistics centers in Pudong District and Jiuting Town of Songjiang District respectively in southeastern Shanghai Municipality. And its logistic service in Shanghai Pudong airport was put into operation on Monday.

As one of the market which develops most fast in DHL global network, China sees DHL expands with an annual rate from 35 to 45 percent in recent years.

"China expects to be the largest market of DHL in Asia-Pacific region in the coming years," said Dr. Klaus Zumwinkel.

The cooperation between DHL and Sinotrans began in 1986 when the two established DHL-Sinotrans, the first joint venture in express industry in China. So far, the company has secured the leadership position in the China air express industry by covering 318 cities in China and holding 40 percent of the national market share. And DHL Denzas has become the leading one in China's international air freight market.

 
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