Extracted 17AUG2011 from http://www.pr-inside.com/china-logistics-sector-boasts-on-rise-r2764695.htm
With increasing foreign investment and rise in 3PL activities, China logistics market will surge at a CAGR of 9% during 2011-2013, says RNCOS in its latest research report...
The emergence of domestic market, rising demand of industrial and consumer goods and large geographical spread have also resulted in development of logistic services mechanism in recent years. Moreover, increase in foreign player base in the country has also been contributing towards the growth momentum of the industry. It is expected that the logistics market in China will surge at a CAGR of 9% during 2011-2013... Companies, including UPS, DHL, and FedEx are reallocating their production base from other regions to Chinese boundary.
“Chinese Logistics Market Forecast to 2012”, provides extensive research and rational analysis on the Chinese logistics industry along with a brief overview of the key players operating in the industry... The forecast presented in the report are based on a correlation between past market trends, statistical analysis, and industry drivers and gives a direction to clients in which the industry is likely to move.