The logistics market in China

The logistics market in China

The logistics market in China is expanding rapidly, driven by the growth of e-commerce and the increasing demand for home delivery services. According to data from the National Bureau of Statistics, the value of China's logistics market reached $1.5 trillion in 2019, an increase of 7.5% from the previous year. As e-commerce platforms have grown in popularity, logistics companies have had to adapt to meet the needs of online shoppers. This has led to the development of new technologies and business models, such as the use of drones and robots for last-mile delivery, and the rise of cross-border e-commerce. The logistics industry in China is also increasingly competitive, with companies investing in new technologies and services to differentiate themselves.
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