China has been the world’s biggest logistics market for 7 years. Versus 2021, in 2022, China’s total value of logistics goods was CNY347.6 trillion, an increase of around 3.6%. Its total logistics revenue was CNY12.7 trillion (nearly CNY 2 trillion was made by the top 50 companies), an increase of about 5% and its international express courier services handled 2.02 billion pieces of pouches, an increase of around 4.1%. A top Chinese express courier's business volume is bigger than that of some world players in the sector, but the turnover and profit is smaller. A top logistics company in China can make an annual revenue of at least CNY100 billion. In the coming years, the average rate of increase of China’s transport and logistics business is said to be around 6%. Over 50 million people in China work for the logistic business.
The study provides you with, among other things, an overview of the most important Chinese players in the sector and the influence of the 14th 5-year Plan. In addition, logistics via air freight, rail and maritime are discussed in more detail.
Interested in reading the whole report? Send us an email at info@flanders-china.be.
