BEIJING, Feb 25 - China on Wednesday unveiled plans to offer support to the nonferrous metals and logistics industries, its latest effort to shore up the economy in the face of slowing global growth. The...
Arvato Services (China), a subsidiary of Germany-based Bertelsmann AG, announced that it has set up a joint venture (JV), namely Arvato Logistics Services China Ltd, with Shenzhen Telling Communication Co Ltd and Sinomaster Group (SMT), to provide quality logistic services in China, sources reported. Arvato...
U.S.-based Nike Inc, one of the world's leading shoe makers, on Tuesday announced that it will build what will be Asia's largest logistics center in Suzhou, Jiangsu Province to enhance business development in China, sources reported.The logistics center has a total area of 120,000 square meters and is located in...
Suning Appliance Co Ltd<002024>, one of the largest privately-owned electrical appliance retailers in China, has recently unveiled its large-scale logistics center project in Chengdu, the capital city of Sichuan Province, the Shanghai Securities News reported today. With a total investment of RMB 500 million, the...
BEIJING, Feb 19 - China will add logistics to its industry support plan to help ports, warehouse operators and shipping firms, sources close to the matter said on Thursday. China had earlier said that its...
Oct. 7, 2008 (China Knowledge) - Chengdu, capital of Sichuan Province and an important industrial, commercial and financial city in Southwest China, officially commenced on the construction of a tobacco logistics center yesterday. The project...
Aug. 26, 2008 (China Knowledge) - YRC Worldwide Inc, a major global trucking company, announced that its subsidiary YRC Logistics had acquired a 65% stake in Shanghai Jiayu Logistics Ltd. for US$44.7 million, reported the...
By Tu Lei Transportation and distribution problems are holding back the growth of e-commerce businesses, experts said on Thursday. According to a survey conducted by McKinsey & Company, more than 27 percent people in poorer cities say they would buy items online than those in wealthier cities, e...
By Tu Lei Transportation and distribution problems are holding back the growth of e-commerce businesses, experts said on Thursday. According to a survey conducted by McKinsey & Company, more than 27 percent people in poorer cities say they would buy items online than those in wealthier cities, e...
HNA Group, the parent of Hainan Airlines Co Ltd<600221><900945>, the fourth-largest airline in China, on Saturday denied reports that the firm planned to set up headquarters on a piece of land in Pudong New Area, Shanghai that it acquired for RMB 1.82 billion on Sep. 17, sources reported.On the site, HNA will...