On  2018-01-18 17:45:29

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 of Sciences.

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.

Read more at Xinhuanet.

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