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Logistics sector thriving

By Song Wenwei (China Daily)
Updated: 2007-05-10 09:21

SUZHOU: China's logistics market is thriving thanks to rapid economic development and the rise of multinational companies in China.

Global logistics integration and cooperation, technology exchange and upgrades to China's logistics chain are some of the topics that will be discussed at the 2007 China International Logistics Technology and Services Expo from May 23 to 25 in Suzhou.

The expo is organized by theJiangsuProvincial People's Government and the Suzhou city government

Jiangsu is an important manufacturing base in China and the provincial government has made strides to develop a modern logistics industry to facilitate economic development.

The province yielded the second-highest value of import and export in China, amounting to $284 billion in 2006, 26.4 percent higher than that in 2005, statistics show.

The expo will host a series of events, including a two-day forum on China International Logistics and Supply Chain Management Development, which will allow for information exchange between Chinese officials and foreign and domestic logistics companies.

At the Singapore Logistics Day Forum, speakers from the Singaporean government and logistics associations and corporations will share ideas with participants on modern logistics in the island nation.

(China Daily 05/10/2007 page14)