2012-08-06 Logistics Industry in China

The Ministry of Commerce will implement a modern logistics technology project this year to reduce distribution costs and expand domestic consumption.Nine cities in China have been selected as pilot cities and will receive funding of over 2 million US dollars.The ministry will build urban distribution networks supported by major logistics parks, public distribution centers and terminal nodes for common deliveries. It will also encourage the modernization of distribution models.

-Chung Tam, Chief Representative for the American Society of Transportation and Logistics in China.

-Zhang Zeyan, from the Institute of Transport and Logistics Studies, The University of Sydney Business School.

-Chen Haozhe, Assistant Professor at the Department of Marketing & Supply Chain Management of East Carolina University.

http://english.cri.cn/8706/2012/08/06/2861s715600.htm