Maturation and Growth of China's Logistics Industry

CBRE Research --- With over a decade of rapid growth in the national economy as a result of its reform and opening-drive, China has emerged as one of the world's most favoured investment destinations and has become a global manufacturing centre as well. Robust domestic economic conditions, the entrenchment of globalization and outsourcing trends and the buoyancy in inter- and intra-regional trade flows have underpinned strong demand for logistics services and fuelled the phenomenal expansion of China's logistics industry in recent years. For much of the past decade, the pace of expansion in China's logistics industry has exceeded that of national GDP growth. While the domestic logistics industry is still in a nascent stage of development, given the country's vast geography of 9.6 million sq km - the world's third-largest country - and the largely supportive policy environment, China still provides considerable untapped potential market for logistics operators and real estate investors.