China's logistics industry to continue booming in 2018
The total value of the logistics industry in China will
approach 280 trillion yuan (US$43.5 trillion) in 2018, an increase of 6.5
percent year on year.
The development in the high-end manufacturing industry and
the consumption boom will drive demand for logistics services, according to a
report released by the Center for Forecasting Science under the Chinese Academy
In 2018, logistics facilities and equipment will be upgraded
and innovation in logistics will be made to enhance the efficiency of the
industry, the report said.