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| Brief introduce of China Logistics Industry, 2007-2008 |
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| May 1, 2008 |
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China's total value of logistics in 2007 reached RMB75.2282 trillion, up 26.2% year on year. According to a conservative estimate by the China Federation of Logistics and Purchasing, China's logistics industry is expected to have a compound annual growth rate of 16% in the coming three years.
In 2007, the added value of China logistics industry was RMB1.7 trillion, up 20.3% year on year, accounting for 17.6% of the total of China service industry and 6.9% of China's GDP. In the same year, China's total cargo transport volume was 22.53 billion tons and its turnover volume of freight transport was 10.1 trillion tons/kilometers, up 10.7% and 11.8% year on year respectively.
Source from RESEARCH IN CHINA |
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