On August 29th, Zhang Jianwei, president of Sinotrans Ltd., a leading large-scale integrated logistics service provider in China, announced that its subsidiary Shanghai Sinotrans International Chemical Logistics Co., Ltd. was established. Previously, two major groups have invested heavily in the expansion of the logistics industry, and more internationally renowned logistics companies such as DHL, Nippon Yusen, and British Logistics have entered the domestic chemical industry in various forms. This shows that China's chemical logistics industry is becoming the third source of profitable business opportunities in the booming period.
Shanghai Sinotrans International Chemical Logistics Co., Ltd. has a total investment of 150 million yuan and registered capital of 12 million US dollars. The company's business includes general chemical products (including dangerous goods and even highly toxic drugs) import and export freight forwarders, maritime transport, air transport, road transport, railways Transportation, warehousing and so on.
According to China’s WTO accession commitments, starting from December 11, 2005, road freight transportation, retail sales, and its logistics and distribution will cancel restrictions on foreign investment in areas such as geographical areas, equity ratios, etc., and achieve full openness in the logistics field. The year of 2006 was the first year for China's logistics industry to be fully open to the outside world, and chemical logistics with the characteristics of large-entry and large-output and the fastest growing investment has attracted the attention of Chinese and foreign logistics companies.
With the on-going launch of numerous large-scale domestic chemical projects and international chemical giants investing in China, the rapid growth of the domestic chemical market has spawned the rise of the chemical logistics market. In particular, the Yangtze River Delta region is one of the regions with the fastest economic growth in China. It is also an important region for the production of petrochemical products and logistics storage and transportation. In the coming years, with the rise of Shanghai Chemical Industry Park, Nanjing Chemical Industry Park and Ningbo Chemical Industry Park, as well as the development of important ports such as Zhangjiagang, Jiangyin, Ningbo Daxie and Zhenhai, the chemical logistics demand and market scale in the Yangtze River Delta will continue to increase. Get growth.
It is understood that in developed countries in Europe and America, the logistics cost of enterprises only accounts for about 7% of the cost of products, while the logistics cost of Chinese enterprises is as high as 20%. According to statistics from the National Development and Reform Commission, the National Bureau of Statistics, and the China Federation of Logistics and Purchasing, during the “10th Five-Year Plan†period, China’s total social logistics amounted to 158.7 trillion yuan, an increase of nearly 1.4 times over the “Ninth Five-Year Plan†period, with an average annual increase of 23%. Higher than the 9.5% growth in GDP during the Tenth Five-Year Plan period. Together with the Internet economy, the logistics industry has been regarded as an important part of the “new economy†and is widely referred to as the third profit source after reducing production costs and opening up markets.
It is predicted that during the "Eleventh Five-Year Plan" period, China's logistics industry will grow at a rate of 20% per year.
Shanghai Sinotrans International Chemical Logistics Co., Ltd. has a total investment of 150 million yuan and registered capital of 12 million US dollars. The company's business includes general chemical products (including dangerous goods and even highly toxic drugs) import and export freight forwarders, maritime transport, air transport, road transport, railways Transportation, warehousing and so on.
According to China’s WTO accession commitments, starting from December 11, 2005, road freight transportation, retail sales, and its logistics and distribution will cancel restrictions on foreign investment in areas such as geographical areas, equity ratios, etc., and achieve full openness in the logistics field. The year of 2006 was the first year for China's logistics industry to be fully open to the outside world, and chemical logistics with the characteristics of large-entry and large-output and the fastest growing investment has attracted the attention of Chinese and foreign logistics companies.
With the on-going launch of numerous large-scale domestic chemical projects and international chemical giants investing in China, the rapid growth of the domestic chemical market has spawned the rise of the chemical logistics market. In particular, the Yangtze River Delta region is one of the regions with the fastest economic growth in China. It is also an important region for the production of petrochemical products and logistics storage and transportation. In the coming years, with the rise of Shanghai Chemical Industry Park, Nanjing Chemical Industry Park and Ningbo Chemical Industry Park, as well as the development of important ports such as Zhangjiagang, Jiangyin, Ningbo Daxie and Zhenhai, the chemical logistics demand and market scale in the Yangtze River Delta will continue to increase. Get growth.
It is understood that in developed countries in Europe and America, the logistics cost of enterprises only accounts for about 7% of the cost of products, while the logistics cost of Chinese enterprises is as high as 20%. According to statistics from the National Development and Reform Commission, the National Bureau of Statistics, and the China Federation of Logistics and Purchasing, during the “10th Five-Year Plan†period, China’s total social logistics amounted to 158.7 trillion yuan, an increase of nearly 1.4 times over the “Ninth Five-Year Plan†period, with an average annual increase of 23%. Higher than the 9.5% growth in GDP during the Tenth Five-Year Plan period. Together with the Internet economy, the logistics industry has been regarded as an important part of the “new economy†and is widely referred to as the third profit source after reducing production costs and opening up markets.
It is predicted that during the "Eleventh Five-Year Plan" period, China's logistics industry will grow at a rate of 20% per year.
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