Logistics giant ProLogis of the United States has cast a vote of confidence in the mainland's booming trade outlook by making equity investments totalling US$500 million since it first moved into that market in 2003.
And as the largest foreign logistics investor in the mainland, the company promises more to come.
ProLogis has set up offices in 19 Chinese cities and has an aggressive expansion programme planned.
'We will keep up this growth pace in the future,' said Angela Zhao Mingqi, vice-president of ProLogis's investment management department.
By the end of the year, the Denver-based and New York-listed group would have 1.5 million square metres of logistics space in the mainland, Ms Zhao said. The plan is to increase operating premises at a pace of 800,000 to one million square metres a year over the next few years.
Targeting investment of US$2 billion by 2010, the firm is encouraged by the mainland's sustained buoyant economy and the growing affluence of its population to be confident about this expansion programme, she said.