The overall competitiveness of logistics in Shenzhen tops other cities in China, with an operating efficiency close to the standards in medium developed countries.
Basics of Logistics
The total output value of logistics in Shenzhen in 2008 reached 184.321 billion yuan, up 20.15 billion yuan from the previous year. The throughput of freight at the Shenzhen Port reached 211.154 million tons, up 6.01 percent from the previous year. The Shenzhen Port has ranked as the fourth-busiest container port in the world for six consecutive years.
The No. 1 official document issued by the Shenzhen Municipal Government in 2007 listed logistics as an important part of the city's high-end tertiary industries. During the 11th Five-year Plan period, the city will invest 103 billion yuan in logistic facilities and related infrastructure projects, with an aim to achieve 82.2 billion yuan in added value of logistics.
Logistics Hub
Shenzhen is being built into a global multifunctional and highly efficient logistics hub. A logistics platform based on modern transportation and an information platform based on telecom and Internet systems help constitute the basis for a rapid development in logistics in the city.
Logistics Companies
Companies specializing in third-party and fourth-party logistics abound in the city. Of the 4,000 firms offering logistics and transportation services, more than 400 have streamlined their operation and can be called modern logistics firms.
Six Logistics Parks
Six logistics parks are planned on an area of 22.48 square kilometers, with a total investment of 8 billion yuan. In the planning are 19 big projects to complete logistics infrastructure in Yantian, Qianhaiwan, airport, Pinghu, Sungang-Qingshuihe and Longhua parks.
Freight Agencies
Shenzhen has the best developed branch of logistics in China. Freight agencies thrive in Shenzhen, with more than 1,300 companies dealing in the field, most private and joint-venture firms. Of them, Chinatrans Ltd., Hercules Logistics and Forwarding Ltd., Shenzhen Senbang International Freight Co. Ltd. and Tri-Link Logistics Ltd. are listed among the top 100 global freight agencies. |