191B.-l. Liu et al. (eds.), Contemporary Logistics in China: Transformation and Revitalization , Current Chinese Economic Report Series, DOI 10.1007/978-3-642-33567-9_7, © Springer-Verlag Berlin Heidelberg 2013
T
he year of 2011 had wrought much complexity to China’s economic situation. On the one hand, China accelerated its transformation of economic development mode and promoted the strategic adjustment of economic structure, leading to a rapid and steady development of its national economy. On the other hand, by posi-tively implementing the A djustment and Revitalization Plan for Logistics Industry issued in 2009 by the State Council and promulgating a number of policy docu-ments to promote industrial transfer and restructuring as well as construction of the rural circulation system, governments at all levels created a favorable macro envi-ronment for a holistic and rapid development of its logistics industry. This chapter provides a summary of the discussions in the preceding chapters, and offers some conclusions and an outlook for the logistics development in China.
7.1 D evelopment Environment of China’s Logistics I
n term of economic environment in 2010, the growth in international trade rapidly recovered from the aftermath of the global fi n ancial crisis and the domestic logistics demand rose steadily as well. Since China has continued to increase the input in transport infrastructure in recent years, the construction of logistic infrastructure has seen some tangible results and an integrated transport system has taken shape. However, due to in fl a tion the cost of various production factors also hiked percepti-bly, posing a mounting cost pressure on the logistics enterprises.
L . W ang (*)
L ogistics Research Center ,N ankai University ,N o.94 Weijin Rd. ,
N ankai District T ianjin 300071 ,P .R. China
e -mail: wlnk3006@
C hapter 7
C onclusions and Outlook
L ing W ang
192L. Wang
I n term of policy environment, in 2010, relevant departments and governments at all levels developed special plans and local ordinances for implementing the general stipulations set by the A djustment and Revitalization Plan for Logistics Industry. The Central Government also introduced measures to speed up the construction of rural and agricultural circulation system, giving great importance to the rural mar-ket. All these measures provide the necessary policy assurance for the development of China’s logistics. In the meantime, China successively put forward a number of documents to promote industrial transfer and restructuring and provide guidance for logistics development. A noticeable move is the enactment of the E conomic Cooperation Framework Agreement(ECFA), of fic ially coming into effect in 2010, which has greatly promoted the rapid development of trade and logistics across the Straits.
7.2 D evelopment of China’s Logistics Market
A long with the recovery of domestic and international macro economy, China’s logistics market also rapidly rebounded in 2010; the total social logistics expenses, port throughput and container throughput, etc. all saw signi fic ant growth over 2009, and they even surpassed the development levels of 2007–2008 peak years prior to the global fin ancial crisis.
I n term of logistics demand in 2010, since the international logistics market rebounded swiftly from the decline, the logistics volume of bulk energy and raw material remained high; the markedly accelerated demand in logistics market in the Central and Western China drove the development of logistics service in these regions; auto, online shopping, cold chain for food and other markets all showed high rates of growth and emergency logistics also began to take shape.
I n term of logistics supply in 2010, the overall concentration of the logistics industry was still low; foreign enterprises continued to fortify their network con-struction, actively engaged in emerging logistics market segments, expanded the local customers base, and competed with the local enterprises. Domestic logistics enterprises were striving to improve their market competitiveness by direct fin ancing and improving their service network.
7.3 D evelopment Trend of China’s Logistics Infrastructure
I n 2010, China’s investment in logistics infrastructure, particularly in transport infrastructure, reached its highest level over the years. With strong support from the Government’s massive investment, China’s railway, highway, waterway, airport and other transport infrastructures have seen signi fic ant improvement in both scale and technology, and the network structure was further optimized to sustain the growing logistics market. In the meantime, China also made rapid progress in professional
