The overall competitiveness of logistics in Shenzhen leads other cities in China, with an operating efficiency close to the standards of second-tier developed countries.
BASICS OF LOGISTICS
The logistics industry in 2015 yielded 178.27 billion yuan of added value, growing 9.35% from 2014 and accounting for 10.19% of the city's GDP, which indicates the logistics industry's increasing support to the city's economy. In 2015, the societal logistics expenditure was more than 233.19 billion yuan, up 2.81% from 2014, comprising 13.32% of the city's GDP.
By the end of 2015, there were 85 key logistics enterprises in Shenzhen. The traditional service of logistics has been speeding up its transformation towards third-party logistics and supply chain management. Many enterprises with supply chain management and large numbers of leading enterprises in third-party logistics have set up their headquarters in Shenzhen, making the logistics management efficiency of the city reach the level of moderately developed countries. SF Express is the largest private express enterprise in China; China Merchants Logistics, whose assets rank first among all third-party logistics enterprises, owns a network of logistics distribution that covers all third-tier cities and above.
FIVE LOGISTICS PARKS
Shenzhen is home to five major logistics parks: Yantian, Longhua, Pinghu, Sungang-Qingshuihe and airport logistics parks. By the end of 2015, several logistics park projects had been built, including Eternal Asia Supply Chain Industrial Base, Yuehai Global South China Logistics Supply Chain (Phase II), South China International Logistics Center, Haijixing International Agricultural Product Logistics Hub.
CHINA (SHENZHEN) INTERNATIONAL LOGISTICS & TRANSPORTATION FAIR
The 2015 China (Shenzhen) International Logistics & Transportation Fair, jointly organized by the Ministry of Transport and Shenzhen Municipal Government, was held from Oct. 14-16 at Shenzhen Convention and Exhibition Center. The exhibition provided 15 display areas and 1,950 booths, with an exhibition area of 60,000 square meters. Twelve high-end forums were also held. It attracted 130,000 visitors and purchasing agents from 70 countries and regions.