xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Company

Internal logistics giant Interroll upbeat on China market prospects

August 12, 2019


Abstract : Global internal logistics firm Interroll is optimistic about the prospects of the Chinese market thanks to the country's fast growing e-commerce and delivery sectors.

BEIJING, Aug. 12 (Xinhua) -- Global internal logistics firm Interroll is optimistic about the prospects of the Chinese market thanks to the country's fast growing e-commerce and delivery sectors.

The Chinese market is of special strategic importance and poses huge growth potential, said Ben Xia, executive vice president and head of Asia with Interroll Group.

The Chinese logistics sector's continuous expansion and pursuit of faster, smarter and greener services at lower costs will drive up demand for interal logistics products and services, according to Xia.

Official data showed that China's total value of social logistics goods grew 6.1 percent year on year in the first half of 2019, while total logistics costs edged up.

The Switzerland-based multinational firm, which supplies products such as conveyors and rollers to clients like courier firms and airports, saw its sales gain 8.4 percent year on year in H1, with the Asia Pacific region as one of the major contributors.

The company started operation in China in 2002 by opening a factory in east China's industrial hub Suzhou, which later became one of Asia's major regional technological centers, the company's only such center capable of producing its complete spectrum of key products.

Xia said the company will continue to invest in the region to share the growth and evolution of the local logistics sector.

"The development of the Belt and Road Initiative and policies to encourage foreign investment will further support our business expansion here," Xia added.


Scan the QR code and push it to your mobile phone

Keyword: logistics

Reading:

New China-Europe freight train service launched between Zhengzhou and Russia

China's bulk commodity market shrinks in July

China to launch information platform for supply chain finance

Shanghai tops 2019 ranking of world's best-connected ports: UNCTAD

China to further improve transport of fresh agricultural products

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial