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China's logistics industry faces hard times
2014-09-07 23:39:00| Logistics - Topix.net
Smaller industry players on the mainland are being hindered by a shortage of funds and land and may have to merge in order to survive The false prosperity of the logistics industry created excessive capacity and threatened the national strategy to move up value chains by boosting the share of the services industry in GDP to more than half by 2020. Less than 30 per cent of the more than 230 stands had been leased out at the park in Huairen county, Shanxi province, project manager Meng Qingchun told the South China Morning Post .
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Category:Transportation and Logistics
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