The need for refrigerated and express supply chain services will help drive overall Chinese demand for logistics services up 9 percent by the end of 2013, according to a recent industry analysis.
New administrative and legal standards, along with heightened consumer awareness, will boost the demand for cold chain logistics and stimulate the overall market, according to a market analyst RNCOS’s Chinese Logistics Market Forecast to 2012.
The growth of the online shopping industry, which last year generated $3.65 billion in express and parcel shipments from $127 billion in sales, will also drive logistics demand, said He Liming, chairman of the China Federation of Logistics and Purchasing. He said the logistics industry struggled to keep up with the near year-over-year doubling of online sales in 2011.
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