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China to build modern logistics

TaiShang

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China to build modern logistics

China plans a new logistics system by 2020, the latest effort in adjusting economic structure and the growth model.

An "upgraded version" of logistics with quality and efficiency as the center is proposed in a development program for 2014-2020 issued Saturday by the State Council, China's cabinet.

The plan highlights the sector's connection with traditional manufacturing industry and new opportunities brought by E-commerce.

Twelve projects including farm produce, recyclable materials and manufacturing were prioritized in the plan.

After an average of more than 20 percent annual growth in the past decade, logistics groath has slowed along with the rest of the economy. Combined goods value grew 8.6 percent year on year in the first quarter, data from the China Federation of Logistics and Purchasing said.

He Liming, president of the federation, predicted the sector will continue moderate growth in the long run and its restructuring process will be quick.
 
China needs to create 3-5 logistics groups of a size that is on par with the likes of DHL、UPS and FEDEX
 
China to build modern logistics

China plans a new logistics system by 2020, the latest effort in adjusting economic structure and the growth model.

An "upgraded version" of logistics with quality and efficiency as the center is proposed in a development program for 2014-2020 issued Saturday by the State Council, China's cabinet.

The plan highlights the sector's connection with traditional manufacturing industry and new opportunities brought by E-commerce.

Twelve projects including farm produce, recyclable materials and manufacturing were prioritized in the plan.

After an average of more than 20 percent annual growth in the past decade, logistics groath has slowed along with the rest of the economy. Combined goods value grew 8.6 percent year on year in the first quarter, data from the China Federation of Logistics and Purchasing said.

He Liming, president of the federation, predicted the sector will continue moderate growth in the long run and its restructuring process will be quick.

What is the meaning of modern logistics?

Establishing logistics company or Reform an entire freight system in the country?
 
What is the meaning of modern logistics?

Establishing logistics company or Reform an entire freight system in the country?

Modern logistics here means, I guess, more efficient delivery of various products across and outside China through competitive national companies in the same league with the Western counterparts.

Government basically plans to guide the process through a comprehensive and coordinated plan.
 
Modern logistics here means, I guess, more efficient delivery of various products across and outside China through competitive national companies in the same league with the Western counterparts.

Government basically plans to guide the process through a comprehensive and coordinated plan.

In the US and Europe, they have a standard how to handling logistic from factory to freight truck, train to seaport with minimum human involved. They load big and heavy goods into the container with just a person and finished less then an hour. Then they moved the container from truck to train in less than 10 minutes even 5 minutes.

This is national/international standard, so every factory and all logistic equipment have the same standard.

Is this the logistic reform mentioned in the article? Or else? Or even better?
 
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