The Importance of the Logistics Industry in National Economy and Current Development Analysis

The Importance of the Logistics Industry in National Economy and Current Development Analysis

The logistics industry plays a vital role in the national economy. Despite the economic environment affecting social logistics demand, its contribution continues to strengthen. Recent forecasts suggest that the added value of the logistics industry will exceed 9% of GDP. In recent years, investment in logistics infrastructure has risen, expected to surpass 70 billion yuan for the year, showcasing a positive development trend and reflecting the importance of the logistics industry in promoting economic growth.

07/21/2025 Logistics Industry Insights
Read More
Shandong Promotes the Rapid Development of the Belt and Road International Freight Trains

Shandong Promotes the Rapid Development of the Belt and Road International Freight Trains

Shandong Province is promoting the Belt and Road Initiative by launching multiple international freight trains using a "bus-style" model. These trains effectively shorten transportation time, reduce costs, and enhance logistics efficiency, meeting international market demands. Recently opened freight services will be more flexible, forming an international freight network centered around Jixi and Jiaozhou, showcasing Shandong's significant role in international logistics.

07/18/2025 Logistics
Read More
Hangzhous Qiantang New Area Targets Global Manufacturing Hub Status

Hangzhous Qiantang New Area Targets Global Manufacturing Hub Status

Qiantang New Area is accelerating its development into a leading global advanced manufacturing base, focusing on artificial intelligence manufacturing and building a strategic platform to serve the new development pattern. It also aims to construct a modern and international industry new city. Through a combination of internal and external investment promotion strategies, scientific and technological achievements transformation, integrated industrial-urban development, and green transformation, Qiantang New Area strives to play a more significant role in the economic development of Hangzhou and even the entire country.

01/30/2026 Logistics Industry Insights
Read More
The Asset-laden Dilemma of Cross-border E-commerce Logistics and Future Development Challenges

The Asset-laden Dilemma of Cross-border E-commerce Logistics and Future Development Challenges

Cross-border e-commerce logistics face challenges due to the influence of the fully managed model, particularly a shortage of air transport capacity. While e-commerce platforms aim for light asset operations, logistics providers must undertake heavy asset investments. In the future, the industry needs to coordinate resources from all parties to achieve sustainable development.

07/23/2025 Logistics
Read More
A New Growth Point for Rail Freight Driving Economic Development and Cost-effective Logistics

A New Growth Point for Rail Freight Driving Economic Development and Cost-effective Logistics

Rail freight has demonstrated significant growth potential in promoting economic development, particularly by improving transportation efficiency, optimizing services, and building modern logistics systems that provide strong support for various businesses. Through in-depth market-oriented reforms, the establishment of green channels, and the promotion of multimodal transport, rail freight has effectively reduced operating costs and contributed to the recovery and development of the national economy.

08/07/2024 Logistics Industry Insights
Read More
Lagos Port A Key Hub for Maritime Shipping in Nigeria and Its Development Highlights

Lagos Port A Key Hub for Maritime Shipping in Nigeria and Its Development Highlights

Lagos Port is Nigeria's largest and most modern seaport, located on the northern shore of the Bight of Benin, offering significant logistics advantages. Equipped with ample loading and unloading facilities and deep-water anchorage, the port connects international shipping routes, providing strong support for regional economic growth. The PCHS terminal showcases better development prospects with its modern infrastructure and efficient customs clearance services, enhancing the future freight potential of Lagos Port.

07/24/2025 Port Encyclopedia
Read More