BROWSE THROUGH OUR TRADE FAIRS IN CHINA FOR LOGISTICS & TRANSPORTATION INDUSTRY
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China is among the time-honoured and leading countries in the logistics industry. It applies to the Asian and global segments of the sector. This is due to the state’s comprehensive, high-value, innovation-focused logistics section. It comprises more than 6 000 enterprises that employ up to 50 000 000 specialists. Such experts operate within various SMEs and extensive, time-honoured corporations. They represent the entire value chain. This results in the production of high annual market values. The e-commerce segment of the market has reached revenues that exceed 850 000 000 000 000 CNY, for instance. It equates to more than 117 141 827 913 000 USD. Likewise, the intelligent logistics segment has reached in recent years a value of up to 699 500 000 000 000 CNY. It is equivalent to over 96 400 833 676 000 USD. There are several significant factors contributing to the substantial worth of the Chinese logistics industry. Among them is its notable comprehensiveness, including concerning its transport vehicle fleets. For example, in recent years, the country has featured up to 997 000 freight trains and over 4 100 freight aircraft. Another leading cause is its significant focus on research and development. Notable investments, including state ones, support it. For example, in recent years, the Chinese logistics industry has received up to 181 600 000 000 000 CNY or around 29 000 000 000 USD of governmental funding. It includes 52 000 000 000 CNY allocated for the smart logistics segments, of which 25 600 000 000 CNY was invested in automated driving technologies. Generally, the industry presents its latest innovations and projects during trade expos. It includes events held every year in diverse cities. Hundreds of thousands of attendants take part in such expositions.