China Creates a Bright Future For Freight Forwarding

Despite the global slowdown, China managed torailways in China.
show impressive growth in its logistics and freightFor air freight transport too, there are many
transport infrastructure in 2009, according to theimprovements happening right now in China.
China Logistics Development Report 2010. This is aFedEx has launched a new domestic transfer centre
beacon of hope in a freight forwarding industry thatfor freight services at Hangzhou Airport and UPS
has faced challenging times recently due to theplans to create an Asia-Pacific transfer centre at
difficult economic conditions worldwide. In particular,Shenzhen Airport. What's more, a new airport to be
China has suffered from a decline in demand forestablished at Kunming will create a major hub for
Chinese imports in the United States, Europe andinternational freight transport to South East Asia.
Japan. However, the long term prospects for ChinaHowever, despite the impressive growth, there are
and international freight transport look promising,still considerable weaknesses in the Chinese logistics
when seen as part of a long term trend and in theand international freight transport infrastructure and
light of current levels of investment in freightthese are now being addressed as a priority by the
services infrastructure.Chinese government, given the importance of fuelling
The total figure for all logistics activity in China wasdemand for China import. These weaknesses include
nearly Yuan 90 trillion, which is more than four timesinfrastructure that is sub-standard in some places,
the figure in 2000, showing growth right across theunder-regulation of shipping companies, lack of
country.Investment by both the state and thestandardisation and inadequate uptake of modern
private sector in freight transport infrastructuretechnology to enable streamlined freight services.
projects has given rise to new airports, railwayShaken by the global slowdown and its impact on
stations, roads, container ports and logistics centresChina, Beijing is now focussing on addressing these
that set a new standard worldwide and have createdweaknesses as well as upgrading the physical
advantage for shipping companies and freightinfrastructure for international freight transport.
services companies.The structural reforms now under way are pervasive
Examples of the steps forward to create a betterand include reducing market access barriers as well as
future for freight forwarding in China include the newincreasing supervision of the freight transport market.
sea-rail inter modal service called the Coastal ExpressAnother area that is being addressed is support for
which has been set up by the Shanghai Railwaythe development of modern shipping companies and
Administration, Ningbo Port group and China Railwayfreight services companies that adhere to strict
Container Transport Corp.. The service runs betweenstandards for service and performance.
Ningbo Beilun Port Area Station and Wenzhou West,These improvements will be especially significant for
running at 100 km/ hr and making the journey in lessthe areas of China that are most dependent on
than four hours.markets for China imports, such as Shanghai and the
Indeed, rail is expected to become China's most highPearl River Delta, which includes China's second
profile freight transport mode in the coming years aslargest port at Shenzhen.The improvements also
China embraces high speed rail transport. This is nowinclude items such as a reduction in inter-provincial
the subject of considerable government investmenttolls.
and many a shipping company and freight companyBenefits will also be seen in other areas such as
are keeping a close eye on the developments. ASouth West China, which has also greatly upgraded
Beijing scheme to build high speed links across theits transport infrastructure, and North East China,
country will free up existing lines for freight transport,which has become China's gateway to Russia, with
reducing freight forwarding costs for bulk cargo.ports such as Manzhouli benefiting from the
An example of this is the upgrade of the railway linkresurgence in Russia, increased demand for China
between Jinhua and Wenzhou, which is to beimports and improved relations between the two
upgraded to a high speed link over the next fourcountries.
years, with speeds reaching 200km/hr.So although the economic climate has been tough
Meanwhile, the 189km Jinhua-Wenzhou line isdue to the global slowdown, China continues to
exceeding its original projections for freight transportinvest in its freight services infrastructure and this
and is one of the most profitable joint venturebodes well for the future.