Third-Party Logistics Development in China

As economic globalization speeds up and as modern IT develops rapidly, third-party logistics is growing rapidly worldwide, becoming an emerging industry that has revolutionary influence on world economic system. Level of third-party logistics development is now a major indicator which measures the competitiveness of a nation or region. Due to rapid growth of demands for social logistics and increasing needs for professional logistics services in China, third party logistics has seen notable development. Nevertheless, there still exist many predicaments with third-party logistics in China. As China’s economy grows and various relevant policies are enacted, third-party logistics will respond with accelerated growth.