A package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto PressA package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto Press
A package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto Press
Business /  Companies

How to tackle inefficiencies in China’s US$35 trillion logistics industry - big data, AI, robotics

Leading logistics solutions provider GLP says application of cutting edge technology can improve the efficiency of China’s booming logistics industry

Topic |   Transport and logistics
Elaine Chan
Elaine Chan

Updated: 10:46pm, 31 May, 2018

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A package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto PressA package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto Press
A package sorting centre in China. The Chinese Academy of Sciences has projected that the proportion of logistics costs to China’s GDP will shrink to about 14 per cent this year. This figure is still larger than the 8 to 9 per cent recorded in developed markets. Photo: China Foto Press
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