The document discusses strategies for China's transportation and logistics industry from 2015. It states that leadership in this industry will require innovation, expanding networks, and redesigning networks to adapt to new challenges. China's economic growth is expected to continue, increasing demand for transportation and logistics. The industry is poised for major growth but remains fragmented. Transportation and logistics companies will need to focus on becoming more innovative, offering value-added services, expanding and redesigning their networks, and improving sustainability. Consolidation in the industry is also expected to accelerate.
Beijing aims to develop its general aviation industry over the next 5-10 years. It plans to become an important R&D and manufacturing hub for general aviation with international standards, a major operation center for corporate aircraft, and the most important service center in Asia Pacific known for aviation sales, exhibitions, finance and education. This would create a strategic emerging industry worth 300 billion yuan for Beijing. The city is well positioned for this due to its political, cultural and international status which drives demand for corporate flights, its role in urban management which creates needs for general aviation, and its clustering of aviation technology and talent.
This document examines the development and contributions of Nigeria's transport sector to economic growth from 1970-2018. It employs regression analysis using the Solow growth model to analyze the relationship between transport sector output (road, rail, air, water) and gross domestic product (GDP). The results found that transport sector investment positively impacts GDP. It is recommended that the government invest more in developing transportation infrastructure like railways and water transport to ease road congestion and support economic growth.
Thailand's electrical and electronics industry saw high export growth in 2015, contributing significantly to the country's GDP. The industry has expanded greatly over the past 50 years, establishing Thailand as a leading production base in Southeast Asia. In 2015, exports from the electrical and electronics sector totaled over $54 billion, with hard disk drives and air conditioners being major exports. The government's infrastructure development plan and promotion of clusters are supporting further investment and growth opportunities in promising subsectors like smart devices. KV Electronics is one example of a company that has grown substantially over 30 years in Thailand by embracing innovation and new technologies like Industry 4.0.
This document analyzes the competitiveness of service trade between China and Germany by comparing several indexes. It finds that while China's service trade has grown rapidly in recent decades, Germany's is more stable and its services play a larger role in its economy and labor market. China's service trade remains centered around transportation and tourism, while Germany has stronger high-tech and capital-intensive services like finance and insurance. Overall, Germany maintains a more balanced and internationally competitive service trade profile compared to China.
This document discusses 5 key supply chain focus areas for companies looking to take advantage of opportunities in China's growing consumer market:
1. The shift from an export-focused to a domestic consumer-focused supply chain structure driven by growing domestic demand.
2. Navigating China's complex and varying regulatory environment across its ports of entry and regions.
3. Targeting growth in inland and central China markets where incomes and demand are rising.
4. Working within China's fragmented network of over 100,000 logistics providers.
5. Preparing fulfillment and delivery capabilities for the massive growth of e-commerce expected to rival markets like the US and EU combined.
2014 Q4 NORTH AMERICAN INDUSTRIAL HIGHLIGHTSCoy Davidson
The North American industrial market continued strengthening in Q4 2014:
- Vacancy rates decreased to 6.8%, with the U.S. rate falling to 7.2% and the Canadian rate remaining flat at 4.0%.
- Net absorption was robust at 70.7 million square feet, with U.S. absorption at 67 million square feet.
- Construction accelerated, totaling 178.2 million square feet, up from 155.9 million square feet in Q3 2014. However, absorption still exceeded new supply.
- Strong economic and e-commerce growth have expanded demand in distribution and intermodal markets beyond the recovery phase.
The services sector remains the key driver of growth for India's economy, contributing over half of India's GDP. Some of the key factors fueling growth in the services sector include:
- India's large skilled workforce has made it a global outsourcing hub, commanding over half the global sourcing market.
- The government's Startup India initiative aims to create an entrepreneur friendly ecosystem, increasing potential in the technology and services sectors.
- Low setup costs and large FDI inflows indicate India is an attractive investment destination for services.
Beijing aims to develop its general aviation industry over the next 5-10 years. It plans to become an important R&D and manufacturing hub for general aviation with international standards, a major operation center for corporate aircraft, and the most important service center in Asia Pacific known for aviation sales, exhibitions, finance and education. This would create a strategic emerging industry worth 300 billion yuan for Beijing. The city is well positioned for this due to its political, cultural and international status which drives demand for corporate flights, its role in urban management which creates needs for general aviation, and its clustering of aviation technology and talent.
This document examines the development and contributions of Nigeria's transport sector to economic growth from 1970-2018. It employs regression analysis using the Solow growth model to analyze the relationship between transport sector output (road, rail, air, water) and gross domestic product (GDP). The results found that transport sector investment positively impacts GDP. It is recommended that the government invest more in developing transportation infrastructure like railways and water transport to ease road congestion and support economic growth.
Thailand's electrical and electronics industry saw high export growth in 2015, contributing significantly to the country's GDP. The industry has expanded greatly over the past 50 years, establishing Thailand as a leading production base in Southeast Asia. In 2015, exports from the electrical and electronics sector totaled over $54 billion, with hard disk drives and air conditioners being major exports. The government's infrastructure development plan and promotion of clusters are supporting further investment and growth opportunities in promising subsectors like smart devices. KV Electronics is one example of a company that has grown substantially over 30 years in Thailand by embracing innovation and new technologies like Industry 4.0.
This document analyzes the competitiveness of service trade between China and Germany by comparing several indexes. It finds that while China's service trade has grown rapidly in recent decades, Germany's is more stable and its services play a larger role in its economy and labor market. China's service trade remains centered around transportation and tourism, while Germany has stronger high-tech and capital-intensive services like finance and insurance. Overall, Germany maintains a more balanced and internationally competitive service trade profile compared to China.
This document discusses 5 key supply chain focus areas for companies looking to take advantage of opportunities in China's growing consumer market:
1. The shift from an export-focused to a domestic consumer-focused supply chain structure driven by growing domestic demand.
2. Navigating China's complex and varying regulatory environment across its ports of entry and regions.
3. Targeting growth in inland and central China markets where incomes and demand are rising.
4. Working within China's fragmented network of over 100,000 logistics providers.
5. Preparing fulfillment and delivery capabilities for the massive growth of e-commerce expected to rival markets like the US and EU combined.
2014 Q4 NORTH AMERICAN INDUSTRIAL HIGHLIGHTSCoy Davidson
The North American industrial market continued strengthening in Q4 2014:
- Vacancy rates decreased to 6.8%, with the U.S. rate falling to 7.2% and the Canadian rate remaining flat at 4.0%.
- Net absorption was robust at 70.7 million square feet, with U.S. absorption at 67 million square feet.
- Construction accelerated, totaling 178.2 million square feet, up from 155.9 million square feet in Q3 2014. However, absorption still exceeded new supply.
- Strong economic and e-commerce growth have expanded demand in distribution and intermodal markets beyond the recovery phase.
The services sector remains the key driver of growth for India's economy, contributing over half of India's GDP. Some of the key factors fueling growth in the services sector include:
- India's large skilled workforce has made it a global outsourcing hub, commanding over half the global sourcing market.
- The government's Startup India initiative aims to create an entrepreneur friendly ecosystem, increasing potential in the technology and services sectors.
- Low setup costs and large FDI inflows indicate India is an attractive investment destination for services.
2009 report on china express delivery industry168report
This report analyzes China's express delivery industry. It discusses key players, market trends, and regional developments. The business volume and revenue of China's express delivery industry has grown over 14% in the first three quarters of 2009. However, increased costs and new regulations mean only excellent local and franchised express companies will survive. The report also examines major international and domestic express companies, and forecasts continued growth in China's express delivery market in 2010.
The document discusses Thailand's growing role as a key logistics hub in ASEAN. It notes that Thailand has extensive multimodal transport networks and its central location has made it a manufacturing powerhouse able to meet rising regional demand for cross-border logistics. The development of economic corridors and emphasis on infrastructure is improving connectivity. The Thai government supports expanding Thailand's logistics systems through incentives and the Master Plan on ASEAN Connectivity aims to further regional transport facilitation. Thailand's strategic location and efforts to decrease logistics costs position it to emerge as a major ASEAN logistics center.
Emerging markets’ infrastructural sector — at a tipping point aranca special ...Aranca
While the gap between required and actual investment continues to widen, Aranca suggests selective investment strategy in emerging markets’ infrastructural sector. Know more on infrastructure investing from our investment research experts.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
Unlike the runways of the world, the growth trend line in the aviation sector has never been straight. Long-term growth has been punctuated by demand shocks that rein in investment and impact traffic. With investors in mind, this series of articles looks at the factors that impact aviation growth, transactions, infrastructure needs, and ultimately drive air connectivity. More: http://pwc.to/1uEPT4e
Ethiopia Macroeconomic Handbook 2011-12 DEC 30 2011r2Samson Chekol
This document summarizes the Ethiopian government's five-year Growth and Transformation Plan (GTP), focusing on public investments and spending. It notes that public investment will be a major driver of Ethiopia's economy in coming years, with the government planning to spend over $1 trillion (41% of GDP annually) on infrastructure like roads, railways, power plants, and on education and healthcare. This massive public spending will deliver important public goods while also supporting thousands of private companies involved in construction. The plan aims to build Ethiopia's "hardware" through infrastructure and "software" through human capital development.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
Hawthorne Distribution Global Written ReportRyan Spetnagel
This document provides an analysis and recommendations for Hawthorne Distribution, a logistics company. It summarizes the transportation and logistics industry, including key details on local and global markets. Recommendations include developing a mobile app, increasing social media presence, revising business processes, and adding a customer relationship management system to facilitate international expansion while maintaining customer satisfaction.
Chinese outbound M&A has boomed in recent years, with deals surpassing $59 billion in 2015. The document analyzes trends in Chinese M&A, finding that deals are increasingly focused on strategic sectors aligned with China's 5-year economic plans like Industry 4.0, healthcare, automotive, and renewable energy. European countries with strong manufacturing like Germany, UK, and Italy have seen increasing M&A from Chinese investors, with deals in these strategic sectors expected to continue growing.
Factors of Doing Business, Case Study KosovoAJHSSR Journal
Creating suitable conditions for all businesses that are established for the first time, businesses
that already operate in all markets (internal and external), as well as those who claim to be created in the near
future, are directly or indirectly influenced by proper terms of doing business of each adequate country, with
particular emphasis on countries claiming to be newly incorporated into liberal economies (free market
economy). Therefore, even Kosovo, in these circumstances and difficult moments of political and economic
transition, is making the utmost effort to create favorable business conditions, especially when it comes to new
direct investments from abroad and local ones. From this point of view, the main objective of this paper will be
the analysis of all these issues related to the creation of the most appropriate conditions for all these factors, and
to provide (following analysis and findings from the research conducted) adequate recommendations so that our
country becomes more attractive to overseas investors who would help our country in economic growth and
reduce unemployment as one of the main government targets.
The Kenya Budget Statement for the Fiscal Year 2016/2017
was presented to Rev. Mutava Musyimi, the Chairman of the
Budget and Appropriation Committee of the National Assembly,
by Mr. Henry K. Rotich, Cabinet Secretary for Finance on
8th June 2016 under the theme “Consolidating Gains for a
prosperous Kenya.”
Concept of promotion mix and process mix in service sector with special ref....Rohan Bakshi
Objectives of the Research:
There are various objectives of the research, they are as following:
♣ To establish various Promotion Mix and the Process mix of the two products,
♣ To bring out the various point of views of both Corporate Buyers and Individual Customers,
♣ To extend the Knowledge of Readers, and
♣ To bring out Relative Information from the research.
Together with our partners at KPMG, BC Tech Association released the latest installment of our BC Technology Report Card for 2016, a comprehensive analysis that compares the BC tech sector against other sectors in the province and against tech sectors in other jurisdictions.
Innovation Policies and Places in China Korea Taiwan JapanBurak Oğuz
The document discusses innovation policies and clusters in China. It provides details on China's development zones, regional clusters, and policies to encourage technology development. Key points include China establishing 53 high-tech development zones, the growth of industries in regions like Shenzhen and the Yangtze River Delta, and China's focus on building competence through education, attracting FDI, and reinforcing technology development through national and regional policies.
- Asia accounts for the largest share of global construction spending, contributing 44% in 2013, with infrastructure making up the largest portion. However, growth rates in developing economies are projected to slow relative to developed countries in the short-term due to China's economic challenges.
- Vietnam's construction industry grew rapidly from 2000-2009 but slowed in recent years due to oversupply issues. Residential construction accounts for the majority of output while infrastructure needs substantial investment to support growth.
- The report provides investment recommendations for several listed construction companies in Vietnam based on revenue and earnings estimates for 2015, with target prices set using P/E multiples relative to
“Growth and comfort
do not co-exist”1
The world economy continues its transformation as
companies’ global operating footprints evolve based
on new opportunities, challenges and technology.
With growing political uncertainty, as well as new risks
and disruption ushered in by evolving technologies,
companies have to navigate an increasingly complex
international operating environment. This tenth edition
of IBM’s Global Location Trends report outlines the
latest trends in corporate location selection and how
today’s global dynamics influence where companies
locate, expand their businesses and create jobs
around the world.
BrandZ Top 100 Most Valuable Chinese Brands (English Version)Kantar
The value of the top 100 most valuable Chinese brands increased 13% in 2014, reaching $379.8 billion total. Market-driven brands grew faster than state-owned enterprises, though SOEs still dominated the ranking. The number of brands and categories covered doubled from the previous year. Chinese brands have caught up to foreign brands in China in terms of brand equity and awareness but still lag in differentiation. As Chinese brands expand globally, overseas revenue and recognition are rising, especially in fast-growing markets. Consumer trust in Chinese brands stabilized after declines related to food safety issues. The economic rebalancing in China aims to foster sustainable growth and quality of life through policies favoring consumer spending over exports and production.
Indian economic growth remained sluggish through the end of 2012, however we expect industrial activity to improve, thanks to recent government actions. These include the government-proposed National Investment and Manufacturing Zones and the newly approved 51% foreign direct investment in multi-brand retail trading.
Global Industrial Mid-Year 2013 ReportCoy Davidson
1) Demand for industrial warehouse space remains strong in North America despite slow job growth, with vacancy rates declining for the 8th quarter in a row.
2) In Asia, demand is supported by resilient consumer spending, with rental growth expected in most cities. Beijing and Hong Kong in particular see nearly full occupancy for quality warehouses.
3) Latin American markets like Mexico City and São Paulo see construction activity but absorption is matching new supply, while Buenos Aires suffers from an imbalance of high demand and little available space.
O documento descreve a história da 26a Região Tradicionalista desde sua fundação em 1950 até os dias atuais. Detalha os principais eventos e coordenadores ao longo dos anos, incluindo as prendas adultas, juvenis e mirins eleitas para representar a região em concursos estaduais. Também menciona os objetivos iniciais da União Gaúcha, fundada em 1899, da qual a 26a RT é descendente.
O documento descreve a história do Rio Grande do Sul antes do desenvolvimento da literatura gaúcha. Detalha a presença dos povos indígenas originais, a chegada dos europeus e o trabalho missionário dos jesuítas com os índios. Também aborda as primeiras explorações do território e a fundação de cidades importantes.
2009 report on china express delivery industry168report
This report analyzes China's express delivery industry. It discusses key players, market trends, and regional developments. The business volume and revenue of China's express delivery industry has grown over 14% in the first three quarters of 2009. However, increased costs and new regulations mean only excellent local and franchised express companies will survive. The report also examines major international and domestic express companies, and forecasts continued growth in China's express delivery market in 2010.
The document discusses Thailand's growing role as a key logistics hub in ASEAN. It notes that Thailand has extensive multimodal transport networks and its central location has made it a manufacturing powerhouse able to meet rising regional demand for cross-border logistics. The development of economic corridors and emphasis on infrastructure is improving connectivity. The Thai government supports expanding Thailand's logistics systems through incentives and the Master Plan on ASEAN Connectivity aims to further regional transport facilitation. Thailand's strategic location and efforts to decrease logistics costs position it to emerge as a major ASEAN logistics center.
Emerging markets’ infrastructural sector — at a tipping point aranca special ...Aranca
While the gap between required and actual investment continues to widen, Aranca suggests selective investment strategy in emerging markets’ infrastructural sector. Know more on infrastructure investing from our investment research experts.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
Unlike the runways of the world, the growth trend line in the aviation sector has never been straight. Long-term growth has been punctuated by demand shocks that rein in investment and impact traffic. With investors in mind, this series of articles looks at the factors that impact aviation growth, transactions, infrastructure needs, and ultimately drive air connectivity. More: http://pwc.to/1uEPT4e
Ethiopia Macroeconomic Handbook 2011-12 DEC 30 2011r2Samson Chekol
This document summarizes the Ethiopian government's five-year Growth and Transformation Plan (GTP), focusing on public investments and spending. It notes that public investment will be a major driver of Ethiopia's economy in coming years, with the government planning to spend over $1 trillion (41% of GDP annually) on infrastructure like roads, railways, power plants, and on education and healthcare. This massive public spending will deliver important public goods while also supporting thousands of private companies involved in construction. The plan aims to build Ethiopia's "hardware" through infrastructure and "software" through human capital development.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
Hawthorne Distribution Global Written ReportRyan Spetnagel
This document provides an analysis and recommendations for Hawthorne Distribution, a logistics company. It summarizes the transportation and logistics industry, including key details on local and global markets. Recommendations include developing a mobile app, increasing social media presence, revising business processes, and adding a customer relationship management system to facilitate international expansion while maintaining customer satisfaction.
Chinese outbound M&A has boomed in recent years, with deals surpassing $59 billion in 2015. The document analyzes trends in Chinese M&A, finding that deals are increasingly focused on strategic sectors aligned with China's 5-year economic plans like Industry 4.0, healthcare, automotive, and renewable energy. European countries with strong manufacturing like Germany, UK, and Italy have seen increasing M&A from Chinese investors, with deals in these strategic sectors expected to continue growing.
Factors of Doing Business, Case Study KosovoAJHSSR Journal
Creating suitable conditions for all businesses that are established for the first time, businesses
that already operate in all markets (internal and external), as well as those who claim to be created in the near
future, are directly or indirectly influenced by proper terms of doing business of each adequate country, with
particular emphasis on countries claiming to be newly incorporated into liberal economies (free market
economy). Therefore, even Kosovo, in these circumstances and difficult moments of political and economic
transition, is making the utmost effort to create favorable business conditions, especially when it comes to new
direct investments from abroad and local ones. From this point of view, the main objective of this paper will be
the analysis of all these issues related to the creation of the most appropriate conditions for all these factors, and
to provide (following analysis and findings from the research conducted) adequate recommendations so that our
country becomes more attractive to overseas investors who would help our country in economic growth and
reduce unemployment as one of the main government targets.
The Kenya Budget Statement for the Fiscal Year 2016/2017
was presented to Rev. Mutava Musyimi, the Chairman of the
Budget and Appropriation Committee of the National Assembly,
by Mr. Henry K. Rotich, Cabinet Secretary for Finance on
8th June 2016 under the theme “Consolidating Gains for a
prosperous Kenya.”
Concept of promotion mix and process mix in service sector with special ref....Rohan Bakshi
Objectives of the Research:
There are various objectives of the research, they are as following:
♣ To establish various Promotion Mix and the Process mix of the two products,
♣ To bring out the various point of views of both Corporate Buyers and Individual Customers,
♣ To extend the Knowledge of Readers, and
♣ To bring out Relative Information from the research.
Together with our partners at KPMG, BC Tech Association released the latest installment of our BC Technology Report Card for 2016, a comprehensive analysis that compares the BC tech sector against other sectors in the province and against tech sectors in other jurisdictions.
Innovation Policies and Places in China Korea Taiwan JapanBurak Oğuz
The document discusses innovation policies and clusters in China. It provides details on China's development zones, regional clusters, and policies to encourage technology development. Key points include China establishing 53 high-tech development zones, the growth of industries in regions like Shenzhen and the Yangtze River Delta, and China's focus on building competence through education, attracting FDI, and reinforcing technology development through national and regional policies.
- Asia accounts for the largest share of global construction spending, contributing 44% in 2013, with infrastructure making up the largest portion. However, growth rates in developing economies are projected to slow relative to developed countries in the short-term due to China's economic challenges.
- Vietnam's construction industry grew rapidly from 2000-2009 but slowed in recent years due to oversupply issues. Residential construction accounts for the majority of output while infrastructure needs substantial investment to support growth.
- The report provides investment recommendations for several listed construction companies in Vietnam based on revenue and earnings estimates for 2015, with target prices set using P/E multiples relative to
“Growth and comfort
do not co-exist”1
The world economy continues its transformation as
companies’ global operating footprints evolve based
on new opportunities, challenges and technology.
With growing political uncertainty, as well as new risks
and disruption ushered in by evolving technologies,
companies have to navigate an increasingly complex
international operating environment. This tenth edition
of IBM’s Global Location Trends report outlines the
latest trends in corporate location selection and how
today’s global dynamics influence where companies
locate, expand their businesses and create jobs
around the world.
BrandZ Top 100 Most Valuable Chinese Brands (English Version)Kantar
The value of the top 100 most valuable Chinese brands increased 13% in 2014, reaching $379.8 billion total. Market-driven brands grew faster than state-owned enterprises, though SOEs still dominated the ranking. The number of brands and categories covered doubled from the previous year. Chinese brands have caught up to foreign brands in China in terms of brand equity and awareness but still lag in differentiation. As Chinese brands expand globally, overseas revenue and recognition are rising, especially in fast-growing markets. Consumer trust in Chinese brands stabilized after declines related to food safety issues. The economic rebalancing in China aims to foster sustainable growth and quality of life through policies favoring consumer spending over exports and production.
Indian economic growth remained sluggish through the end of 2012, however we expect industrial activity to improve, thanks to recent government actions. These include the government-proposed National Investment and Manufacturing Zones and the newly approved 51% foreign direct investment in multi-brand retail trading.
Global Industrial Mid-Year 2013 ReportCoy Davidson
1) Demand for industrial warehouse space remains strong in North America despite slow job growth, with vacancy rates declining for the 8th quarter in a row.
2) In Asia, demand is supported by resilient consumer spending, with rental growth expected in most cities. Beijing and Hong Kong in particular see nearly full occupancy for quality warehouses.
3) Latin American markets like Mexico City and São Paulo see construction activity but absorption is matching new supply, while Buenos Aires suffers from an imbalance of high demand and little available space.
O documento descreve a história da 26a Região Tradicionalista desde sua fundação em 1950 até os dias atuais. Detalha os principais eventos e coordenadores ao longo dos anos, incluindo as prendas adultas, juvenis e mirins eleitas para representar a região em concursos estaduais. Também menciona os objetivos iniciais da União Gaúcha, fundada em 1899, da qual a 26a RT é descendente.
O documento descreve a história do Rio Grande do Sul antes do desenvolvimento da literatura gaúcha. Detalha a presença dos povos indígenas originais, a chegada dos europeus e o trabalho missionário dos jesuítas com os índios. Também aborda as primeiras explorações do território e a fundação de cidades importantes.
O documento fornece informações sobre a região Sul do Brasil, incluindo seus estados (Paraná, Santa Catarina e Rio Grande do Sul), vegetação, rios, usinas hidrelétricas, agricultura, economia, turismo, cultura e principais cidades. Detalha também tradições culturais como danças, indumentária e o papel do cavalo na cultura gaúcha.
A Região Sul do Brasil possui a menor área territorial e é a segunda em densidade demográfica. Recebeu imigrantes europeus a partir do século XIX, o que contribuiu para o seu desenvolvimento econômico. Possui relevo montanhoso com vegetação de Mata Atlântica e campos, e sofre influência do clima polar no inverno.
O documento descreve várias danças tradicionais do Rio Grande do Sul e Santa Catarina, incluindo suas origens e estilos de dança. Algumas danças descritas incluem o pau-de-fitas, o fandango, a chimarrita, a milonga e o pezinho.
A dança conhecida como Balainha é executada por pares que sustentam arcos floridos, formando figuras como "Balainhas". Outras danças populares do Paraná incluem a Andorinha, Chimarrita e Tonta. O acompanhamento musical é feito com violas, rabeca e pandeiro. O Balaio é uma dança do fandango onde as saias das mulheres se inflam com o movimento, lembrando o formato do objeto.
A construção da identidade cultural do gaúcho rio-grandense ocorreu de forma histórica, através da representação do passado por diferentes grupos ao longo do tempo. No século XIX, viajantes europeus representaram o gaúcho como nômade e selvagem, enquanto literatos brasileiros criaram outra imagem. No século XX, jovens urbanos fundaram o Movimento Tradicionalista e ressignificaram o gaúcho através de símbolos e rituais, construindo uma nova tradição.
Este documento descreve um plano para resgatar e cultivar a cultura gaúcha entre os alunos de uma escola no Rio Grande do Sul. Seus objetivos gerais são resgatar a cultura gaúcha e seus objetivos específicos são despertar o interesse dos alunos pela tradição gaúcha, conscientizá-los sobre a importância de preservar a cultura, e cultivar as manifestações artísticas e intelectuais do estado. As ações propostas incluem realizar atividades durante a Semana Farroupilha e promover pesquis
O documento descreve a cultura gaúcha, incluindo o que significa ser gaúcho, o que são CTGs e sua importância para a cultura, a indumentária tradicional gaúcha e sua evolução ao longo do tempo, e aspectos da culinária campeira.
O documento descreve a região Sul do Brasil, incluindo sua pequena área física, relevo, clima e vegetação característicos. Detalha a colonização portuguesa no século 18 e a imigração de espanhóis, portugueses, alemães, ucranianos, russos e japoneses nos séculos 18 e 19. A economia da região é baseada na indústria, agricultura e turismo, com destaque para a agroindústria em latifúndios e pequenas propriedades.
O documento discute diversos tópicos relacionados à Região Sul do Brasil, incluindo: a cultura da soja, que se tornou uma importante atividade econômica na região; o separatismo do Sul e os movimentos que defendiam a independência da região; e aspectos culturais como a culinária, artesanato e festividades tradicionais de cada estado.
Calçados é um documento sobre sapatos. Ele provavelmente discute os tipos de calçados disponíveis, como tênis, sapatos sociais e botas, além de materiais comuns como couro e camurça.
O documento apresenta um resumo sobre a intervenção psicopedagógica junto à população idosa, abordando os conceitos de orientação e intervenção, os agentes, modelos, áreas e contextos relevantes. Foca-se na história de amor de Allie e Noah, idosos que vivem num lar devido à doença de Alzheimer de Allie.
US Access to China's Consumer Markets- Logistics & ECommerce ModelsDr Dev Kambhampati
This document summarizes Cathy Morrow Roberson's testimony on China's logistics and e-commerce markets before the US-China Economic and Security Review Commission. It discusses how China has transformed from an export-dependent economy to a more balanced one, focusing on infrastructure developments, the growth of e-commerce giants like Alibaba and JD.com, and recommendations for US companies. Key points covered include China's investments in ports, airports, roads, and rail; the One Belt, One Road initiative; components of China's supply chain; and trends in warehousing to support domestic consumption and e-commerce.
Global business attorney Vinita Bahri-Mehra, in partnership with Ohio Development Services Agency, presented "Growing through China: A Comprehensive Look at Market Opportunities" as a panel discussion on Wednesday, September 17. The panel, which brought together local industry professionals to share best practices for conducting business in China, discussed how the world's second-largest economy is increasingly playing an important and influential role in the global economy.
how e-commerce platform can help to boost logistics sector in indiaJayjeetsinh Vadher
The document discusses how e-commerce platforms can help boost India's logistics sector. It notes that the Indian logistics market is expected to grow significantly due to growth in manufacturing, retail, and e-commerce. However, India's logistics costs are high compared to other countries. The growth of e-commerce is increasing demand for logistics and forcing improvements in areas like supply chain management, warehouse infrastructure, and delivery. E-commerce platforms are helping to modernize and improve the management of India's large but disorganized logistics sector to make it more efficient.
China-Europe Commercial Collaboration Association (CECCA) newsletter on comp...Shu-Chien Chen
1.Special Observer
1.1 China’s Economy, A Mesmerising Focus for Shipping..........................................................................2 1.2 China International Commercial Court – International Commercial Litigation and Diversified Dispute Resolution for Belt and Road Initiative..........5
2. Arbitration
Third-Party Funding in Arbitration: Potential Trends
and Implications for China (I)......................................9
3. EU Tax Law
Predicting the ‘Unpredictable’ General Anti- AvoidanceRule(GAAR)inEUTaxLaw(I)...............25
4. News in Brief
4.1 Latest Reports on Maritime Law of China were published by the Chinese Courts in August 2018, several typical maritime cases were selected to clarify the applicable laws and provide adjudicative guideline........................................................................35
4.2 “Regulation on the Jurisdiction of Shanghai Financial Court” was released by the Supreme People’s CourtofP.R.China.......................................................35
4.3 Trade War Shock: Will the Domestic Shipping Industry Bear the Brunt of that? .................................35 4.4 The Fortune’s Wheel is turning.............................35
5. Brief Introduction – CECCA Senior Consultant
Mr. Richard J. Scott.....................................................36
China has announced a massive RMB 4 trillion stimulus package to support domestic infrastructure development and economic growth. A large portion of these funds has been allocated to public infrastructure projects, including rail, roads, airports, and utilities. The stimulus package is accelerating the development of projects planned under China's 5-Year Plans and is expected to have significant impacts. It is driving increased demand for construction materials and equipment. While private investment may not increase immediately, opportunities are emerging for investors in related sectors and as local governments seek funding partners for projects. Infrastructure expansion, especially of rail and highways, remains a top government priority and is core to China's continued economic development.
The document discusses the market for outsourced logistics in China. It notes that while the market is large and fast-growing, it is also highly fragmented with no provider having over 2% market share. Most logistics services offered are basic transportation or warehousing. Demands from multinational corporations differ from local Chinese shippers. The market appears polarized between foreign and domestic providers who cater more to multinationals or local companies, respectively. Significant challenges remain in developing the outsourced logistics industry in China.
The document provides an overview of the logistics and transportation industry in India. It discusses key topics such as:
- The industry is expected to grow at a CAGR of 12-13% driven by growth in manufacturing, retail, FMCG and e-commerce.
- Major players in the industry include DHL, TNT, AFL, GATI and DTDC.
- The government plays an important promotion role through investments in infrastructure and implementing reforms like GST.
- Transportation contributes significantly to the Indian economy by enabling trade and providing millions of jobs.
- Emerging technologies like autonomous vehicles, drones and 3D printing will continue shaping innovations in the industry.
Giáo sư Tony Makin tham gia VEAM 2015 với bài trình bày về “Triển vọng cho nền kinh tế châu Á”.
Professor Tony Makin joined in VEAM 2015 with the presentation about “Prospect for the Asian Economy”.
Để biết thêm chi tiết về các hoạt động và nghiên cứu của DEPOCEN truy cập:
Website: http://depocen.org/vn/
LinkedIn: http://linkd.in/1GnHrHB
Facebook: DEPOCEN
This document discusses logistics hubs in India. It outlines the challenges facing India's logistics industry, including inefficient transportation infrastructure, poor storage facilities, a complex tax structure, and skills and technology gaps. Specifically, it notes road networks are congested, rail freight is expensive and slow, ports have long turnaround times, and warehousing is generally outdated. It also examines current issues like outsourcing to smaller operators and safety concerns. However, it predicts future growth in the logistics sector driven by initiatives to improve infrastructure like dedicated rail corridors between major cities. Overall the document provides an overview of India's logistics industry, challenges, and plans for future development.
Edelman China Public Affairs Update - March 2016 Edelman APACMEA
The document summarizes key points from China's 2016 NPC/CPPCC session, including:
- China set its 2016 GDP growth target at 6.5-7% and its 13th Five-Year Plan target at 6.5% annually, showing a prudent approach to managing economic expectations.
- Supply-side structural reform is a key strategy to address overcapacity, incentivize innovation, and attract Chinese consumers back to domestic markets.
- Fiscal and monetary policies will be used to stabilize growth, including increased fiscal deficit and money supply. Tax reform and private sector access to markets will also support growth.
The document discusses various megatrends and opportunities in the Indian logistics industry over the next few years. It interviews several logistics experts who identify key trends such as the Make in India initiative, development of dedicated freight corridors, increased infrastructure projects, growth of e-commerce and IT applications in logistics, and improvements to ease of doing business. Specific opportunities for the automotive, air cargo, and consumer products sectors are also outlined. Demographic shifts, globalization, and demand from industrialization are highlighted as overarching megatrends shaping the logistics industry in India through 2020.
Transit and ground passenger transportation global market report 2018lakshmipraneethganti
The document provides an overview of the global transit and ground passenger transportation market. It discusses market growth trends from 2013-2017 and forecasts growth from 2017-2021. The market is segmented into commuter rail/public bus services, taxi/limousine services, school/employee bus services, and charter bus services. Regionally, Asia Pacific represented the largest market share in 2017. Leading competitors include Transport for London, Metropolitan Transportation Authority, MTR Corporation, Guangzhou Metro, and Madrid Metro.
The document discusses Thailand's transportation and logistics sector. It notes that Thailand has committed $25.2 billion to infrastructure projects including airport, seaport, rail, and road upgrades. Major plans include developing U-Tapao airport and upgrading seaports. The investments aim to improve national and cross-border connectivity. The expanding sector creates opportunities for investment in transportation, logistics, and related industries. Public-private partnerships are driving expansion of urban connectivity projects. The BOI provides incentives for foreign investment in transportation and logistics development projects.
Strategically located at the heart of Asia, Thailand aptly serves investors as a dynamic gateway to a fast growing economic market. Our growing economy, world-class infrastructure, competitive human capital and strong government support, are responsible for our key position as one of the most attractive investment destinations for foreign investors.
A.T. Kearney 2017 State of Logistics Report: Accelerating into UncertaintyKearney
2017 could be a pivotal year for logistics. Demand patterns are shifting, technological advances are altering industry economics, and new competitors are challenging old business models. This year could bring significant moves that reshape individual sectors and even the industry as a whole. Major business combinations, large-scale shifts in distribution flows, deep capacity cuts, massive infrastructure investments–anything is possible. Here are the ten key takeaways from the 2017 State of Logistics report, as well as the four potential scenarios for the future of logistics.
Deeping investment cooperation, promoting industrial transformation between China and Caribbean countries as presented by Dr. Wu Qijin, Chief Executive Officer, China-LAC Cooperation Fund on July 10, 2017 at a conference titled, 'Chinese Renminbi in the Caribbean-Opportunities for Trade, Aid and Investment,' held at the Hilton Barbados Resort.
Analysis OECD Survey: Colombia's Acces Edgar Chacon
The OECD Economic Survey tries to show the situation of Colombia, and the possibility that Colombia has to be member of this group. This opportunity can push Colombia to a big progress of its economy, productivity and potential.
The document discusses the economic impact and importance of the UK logistics sector. It finds that logistics directly supports over 56,000 businesses and 710,000 employees, and indirectly supports 2.2 million jobs or 8% of the UK workforce. The sector contributes an estimated £100 billion annually to the UK economy. The report also examines perceptions of logistics jobs, technological changes in the sector, case studies of individual developments, projections for future growth, and makes recommendations to support the sector.
Similar to 74d60d15 dc42-48a3-8dc8-7a2297f0be22 (20)
3. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney 1
A
s China’s economy grows, so grows its transportation and logis-
tics industry. China is becoming a more mature and self-confident
country and a driving force in the new global economic structure,
and this is bringing new challenges and opportunities to the five sectors
of the country’s transportation and logistics industry—express, road
freight, air freight, contract logistics and international freight forwarding.
How can Chinese companies improve the country’s transportation and
logistics environment? Leadership in this industry requires innovation,
expansion and redesigned networks.
China’s extraordinary economic growth contin-
ues. Even as the global economy struggles to
recover from the financial crisis, various statistics
indicate that China’s economy has emerged resil-
ient, with rapid growth expected to last into the
foreseeable future.
In this context, the transportation and logis-
tics industry in China is also poised for major
growth over the next five years, portending signif-
icant changes for its five main segments: express,
road freight, air freight, contract logistics and
international freight forwarding (see figure 1 on
page 2). As the boundaries between these segments
blur, consolidation will accelerate and network
coverage and density will grow. At the same time,
an increasing focus on sustainability will add new
pressures to cost structures.
Many transportation and logistics companies
have already begun adapting their strategies and
tactics to focus on more innovative business models
that will help them succeed in a changing environ-
ment. They are adopting new growth strategies,
redesigning their networks, and improving their
cost structures to meet the new challenges.
Industry Trends in China
Despite the Chinese economy’s extraordinary
success, China’s transportation and logistics indus-
try as a whole remains in the early stages of devel-
opment. Fragmentation and intense competition
highlight a market in which competitors offer
similar and limited services.
Yet Chinese macroeconomic trends will con-
tinue to have a major impact on the industry as
transportation and logistics are vital for making
the economy tick. What macroeconomic and
industry-specific trends will shape the transporta-
tion and logistics industry in the next five years?
Economic growth and domestic consump-
tion. Although post-recession economic struggles
continue both globally and domestically, China’s
gross domestic product (GDP) is still surging.
GDP grew 8.7 percent in 2009, and the Asian
Development Bank predicts yearly growth of
4. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney2
more than 9 percent in 2010 and 2011. As the
transportation and logistics industry matures, its
relative size and development will more closely
correlate with GDP.
Foreign trade remains strong despite the eco-
nomic downturn, during which import and
export volumes fell by half from 2008 to 2009.
Chinese government measures have stabilized
imports and exports, including tax rebates, credit
insurance and financing guarantees. Despite more
trade protectionism in some foreign markets,
China’s position as the world’s factory has changed
little. There is no other country that can offer the
scale, ecosystem (including tier one, two and three
suppliers), infrastructure development and politi-
cal stability that China can.
Domestic consumption is also rising, and it
will be a focus of China’s economic policy over the
next several years. This includes balancing income
distribution and basic public services, integrating
urban and rural areas, and reforming the fiscal,
tax and financial systems. The overarching goal is
to increase household consumption ratios from
35 percent today to 50 percent within five years.
Growth in domestic consumption will naturally
increase demand in all segments for logistics and
transportation services in China.
Improved infrastructure—particularly in the
west and north. China’s State Council has given
first priority to more than 20 cities in nine regions
for an infrastructure upgrade in the next two
years, with improvements ranging from express-
ways and airports to seaports and express trans-
shipment centers. The moves have already
improved operational efficiencies in China’s trans-
portation and logistics. Other recent infrastruc-
ture improvements that have helped the industry
include a wave of new regional logistics distribu-
Domestic
Bubble size represents
approximate segment size Road day-definite freight (>30 kg)
Road express (<30 kg)
Air express (<30 kg)
Air freight (>30 kg)
Rail day-definite freight
International
freight
International
express
Low
Low
High
International
High
Figure 1
As China’s economy grows, its logistics market is expected to reach $450 billion
Global GDP share
(2010)
China’s transportation market (2010-2015)
Profit margin
Projectedgrowth
(2010-2015)
Note: The eurozone includes Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.
Sources: International Monetary Fund, A.T. Kearney interviews, Boeing forecast; A.T. Kearney analysis
China
17.0%
Japan, 5.3%
Other
11.4%
Eurozone
13.0%
United States
18.3%
Emerging countries
35.0%
Less-than-
truckload
Full
truckload
5. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney 3
tion centers, logistics parks, modern warehouses
and improved distribution facilities.
Three major geographic clusters have been
the traditional focus of transportation and logis-
tics networks: the Pearl River Delta, the Yangtze
River Delta and the Bohai Rim. Future network
coverage will expand well beyond these traditional
spots—particularly to the west and north (see
figure 2). In these developing regions, new roads
and expressways—on top of the already-enormous
growth the region has seen in the past several
years—are increasing the need for transportation
and logistics. According to the Ministry of
Communications and Transportation, road freight
rates in the west grew to more than 710 billion
tons per kilometer in 2008, a nearly five-fold
increase since 2000.
Because of these investments, consumption
in the west and north is expected to grow. In the
first three quarters of 2009, retail sales of con-
sumer goods in the west grew 19 percent year-
over-year, 3.9 percent higher than the national
average; in the northeast, the rate was 18.4
percent, according to the Regional Economy
Department of National Development and Reform
Commission. Overall, stable growth in consump-
tion will bring more opportunities for the trans-
portation and logistics industry.
Kunming
Major logistics center
Newly added logistics center
Minor logistics center
Figure 2
Network coverage in China will move north and west
Source: A.T. Kearney analysis
Xiamen
NingboHangzhou
Qingdao
Shenyang
Changchun
Harbin
Dalian
Shanghai
Beijing
Tianjin
Guangzhou
Shenzhen
Xi An
Wuhan
Zhengzhou Suzhou
Urumchi
Pearl River
Delta
Yangtze
River
Delta
Bohai
Rim
Nanjing
Chengdu
Chongqing
6. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney4
More distribution models and e-commerce.
Changing distribution models and e-commerce
will affect network density. iResearch reports that
the total market size of e-commerce in China
increased from $3.8 billion in 2006 to $27.7 bil-
lion in 2008.1
Furthermore, companies’ distribu-
tion channels are moving from dealership models
to multi-channel and direct sales models, requir-
ing higher-density networks with quicker response
times. Taobao, the online portal with transactions
of almost $12 billion in the first half of 2009, is
a typical example. Taobao’s logistics network now
covers more than 90 percent of China’s cities,
counties and districts—a sharp contrast to tradi-
tional networks, which typically focus only on
tier-one and -two cities.
Some segments will have to adapt to survive.
Road freight, currently characterized by simple
offerings and poor operations, will have to improve
its products and services as other segments
encroach and consolidation ramps up. Meanwhile,
market expansion will open up new opportunities
for air cargo, especially as new airports open and
foreign trade routes expand.
Customers changing behaviors. As customers’
demand more, companies in China are focusing
on their core competencies, such as marketing,
research and development (R&D) and manufac-
turing, while outsourcing secondary competencies
such as transportation and logistics to third-party
providers that can consolidate resources more
effectively. In a recent A.T. Kearney survey of
executives at more than 200 Chinese shipping
companies, 81 percent of executives say they are
outsourcing their transportation needs, and 47 per-
cent are outsourcing warehousing.2
Executives are
increasingly viewing logistics as a strategic area that
can offer a key competitive advantage, and there-
fore setting higher requirements on service levels
and offerings. Additionally, price is becoming less
important when selecting transportation and logis-
tics service providers, as quality of service now rates
1
All monetary amounts are U.S. dollars.
2
For more information, see “China Pursues Excellence in Logistics,” at www.atkearney.com.
Figure 3
Service will be more important than price by 2013
Source: A.T. Kearney-Tongji University study of corporate logistics, 2009
Size of product offering
Flexibility and customer orientation
Reliability
Price
Geographic coverage
Innovation
0 1 2 3 4 5 6 7 8
Least important Most important
Importance today Estimated importance, 2013
7. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney 5
as most important, followed by reliability, flexibil-
ity and range of product offerings (see figure 3).3
The result will be more integrated, sophisti-
cated and higher quality offerings,
including new supply chain synergies
and basic services such as just-in-time
production logistics, vendor-managed
inventory, product repackaging, spare
parts testing, category management
and supply chain financing. In
domestic express, characterized today
by low-cost, commodity-like services,
companies are responding to custom-
ers’ demands for safety and reliability.
In contract logistics and road freight,
leading logistics companies are plac-
ing more emphasis on reliability and
security. Margin pressures in air freight could
bring integrated products such as time-definite,
door-to-door services, which only express compa-
nies offer today (see figure 4). International freight
forwarders could extend their services to become
more like contract logistics firms, with many
offering first- and last-mile services.
Industry consolidation. A maturing trans-
portation and logistics industry in China will
undoubtedly see more mergers and acquisi-
tions, and eventually a more concentrated market
3
A joint study of corporate logistics by A.T. Kearney and Tongji University in 2009.
Figure 4
The express and air cargo markets are converging
Source: A.T. Kearney analysis
Most important
Service speed
Documentation
Daily pickup
Less than 50 kg
1 to 2 days
All-in-one
Yes
2 weeks
Multiple documents
No
Up to 2,500 kg; most
are less than 50 kg
Standard express Standard air cargoDeferred express Premium air cargo
All weights, 70% are
more than 100 kg
More than 50 kg,
no upper limit
3 to 6 days
May adopt all-in-one
In some cities
2 to 4 days
All-in-one
Mostly yes
Express Air cargo
Low-carbon rules will force
transportation and logistics
leaders to make environmental
protection a core goal.
8. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney6
(see figure 5). In this way, local players will be able
to compete with foreign competitors, drive down
costs and increase profitability. Diversification
also helps manage risk. Future consolidation will
be about “value growth” as companies focus on
becoming stronger while also becoming larger
(see figure 6).
As Chinese companies expand rapidly, their
logistics requirements will expand beyond coastal
cities, with broader national network coverage
and consistent, reliable service becoming key
differentiators. From our survey, we know that
companies in China have an average of 12 trans-
portation providers and five warehousing providers,
with many respondents saying their firms intend
to consolidate providers in the coming years.
These and other factors are likely to push
consolidation within and between segments of
this industry, according to the features of each
segment. For instance, horizontal consolidation
across segments with higher network costs and
more standardized products, such as express, air
freight and road freight transportation, will reduce
costs. At the same time, vertical consolidation in
contract logistics or freight forwarding could
prove lucrative. This can be accomplished either
by entering new segments (such as chemical con-
tract logistics) or developing new capabilities
along value chains (such as overland transport for
international freight forwarders).
Low-carbon rules. A push to reduce carbon
emissions appears inevitable, and transportation
and logistics leaders will have to make environ-
mental protection a core goal.
China’s government has already included
compulsory emissions targets in medium- and
long-term planning for the national economy and
social development, including the development of
Figure 5
China’s logistics market is in the early stages of consolidation
Source: A.T. Kearney analysis
Stages of
consolidation Beginning
New markets with
low competition
as companies
form
Growth
Fragmented
markets and
intensifying
competition
Domestic air freight
Road freight transportation
Ocean freight forwarding
Contract logistics
Contract
logistics
International
air freight
express
International
express
Air freight forwarding
Air and
sea freight
forwarding
Consolidation
Industry consolidation
with increased market
concentration
Alliance
Major competitors
create alliances
Air freight Road freight
Domestic and
international
express
Domestic express
China United States
9. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney 7
a low-carbon transportation system. “Euro III”
vehicle standards are now required for major
Chinese cities, which means road freight com-
panies will have to upgrade their vehicles to
comply. Some companies have gone further;
for example, TNT has launched electric delivery
vehicles in China.
Other regions, particularly Japan and Europe,
have an early start in this area. Japan’s Auto Carbon
Dioxide Emission Restriction Law in 1992 specified
five qualified vehicle models that companies can
use and began the transformation of the trunk-
line transportation model. Europe has defined
green tags for transportation, loading and unload-
ing, and management processes, and will soon
impose a carbon-emissions tax.
How to Respond
In the face of these industry changes, transporta-
tion and logistics companies must focus on four
areas:
Become more innovative. Most transporta-
tion and logistics providers in China have focused
almost exclusively on growing larger with very
little focus on growing stronger. The result in
many segments has been costly price wars. As the
market evolves, the leaders in this industry will be
those that best meet customers’ changing needs;
they will find vital first-mover advantage and,
eventually, higher margins.
What are the best, most innovative ways to
meet customers’ needs?
Offer value-added services. Future industry
leaders will do far more than merely move goods
from one place to another. They will offer new,
value-added services based on existing capabilities
to match customers’ increasing demands and cap-
ture market opportunities. Information technol-
ogy (IT) will become a major differentiator as
requirements become more complex.
General services are no longer enough for
most customers—or for logistics providers, given
Figure 6
Consolidation will help companies move toward “value growth”
Source: A.T. Kearney analysis
Low
Small
Large
High
Profitability
Simple growth
• Expands through geographic coverage, typically
through M&A in new markets
• Focuses little attention on synergies or integration
with existing businesses
• Is common in China today
Scale
Value growth
• Achieves profitable growth through post-merger
integration and cross-business synergies
• Expands strategically entering growing, profitable
segments
• Highlights product and service updates
• Will be common in China in the future
Profit-oriented
• Focuses on internal capabilities and skills, due
to slow growth in external markets
• Grows organically rather than through M&A
• Avoids areas with low profitability
10. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney8
the competitive intensity and low costs of switch-
ing providers. Retail giants expect logistics provid-
ers to do more, such as sourcing simple goods,
warehousing, inventory management, and distri-
bution and delivery. Some are even asking express
providers to build up simple repair capabilities to
speed up the operation of reverse logistics. In
high-tech, customers want logistics providers that
can conduct product testing and secondary pack-
aging during the warehousing and transportation
processes. More local apparel producers are
attempting to bypass intermediates to meet their
customers directly, and want logistics providers
that can store, pick up, sort, pack and distribute
various products, according to customers’ chang-
ing needs at sales outlets.
Move to new geographic regions. The expand-
ing opportunities outside of China’s traditional
centers can offer some great opportunities. Global
consumer goods giant Unilever recently closed
down six factories in Shanghai and a black tea fac-
tory in Guangdong, and relocated them more
than 450 miles west at the Hefei Economic and
Technological Development Area. Hewlett-Packard
opened a computer manufacturing base in Chong-
qing in southwest China, where annual produc-
tion capacity is four million units. Moves like
these illustrate where logistics service networks
need to follow.
Exploreothertransportationmodes.Improved
expressways and railways will certainly divert traf-
fic from the air and traditional railway markets.
Competitive cost pressures and energy-saving
requirements may also accelerate change. Future
leaders will take advantage of this.
Expand as appropriate. There are several
common reasons that companies in all industries
grow. One is to provide better services for custom-
ers—for example, by expanding geographically.
Another is to seize potential opportunities in new
markets. A third is that size can reduce unit oper-
ating costs and fight competition.
These factors are at play in China’s transporta-
tion and logistics industry. The appropriate expan-
sion approach in China will match a company’s
development stage, the characteristics of its seg-
ment and the competitive landscape. Horizontal
consolidation (among companies occupying the
same part of the value chain) can significantly
reduce costs in segments where service products
are more standardized, including express, air
freight and road freight transportation. Vertical
consolidation (among companies in different
stages of the value chain) may be better for con-
tract logistics and freight forwarding, where new
capabilities could make a competitive difference.
We recommend the following three expan-
sion approaches in China:
Pursue strategic acquisitions. Firms use strate-
gic acquisitions to acquire the competitive resources
they need, such as increased market share, new
sales channels, improved customer relationships,
more networks, and new branding and cost syner-
gies, among others. When competition is already
intense and markets are fragmented, it is possible
to further strengthen your competitive position
by acquiring the right targets and altering the
competitive landscape. Strategic acquisition is also
used to enter new regions or industries. A main
challenge in China is often the lack of quality can-
didates and information, so thorough due diligence
and a well-crafted game plan are musts.4
Form strategic alliances. Alliances are a good
way to take advantage of the resources of different
members, but the level of actual coordination
among the members is often difficult to predict
and control. Alliances can help overcome market
access barriers and enter an unknown market. For
4
For more information, see “Making Your Chinese Merger Marriage Work” at www.atkearney.com.
11. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney 9
example, a freight-forwarding company may use
an alliance to reach overseas networks it cannot
join otherwise. Or companies that compete in
some segments but complement in others may
form alliances to strengthen their overall market
competitiveness. However, considering the differ-
ent cultures and maturity levels, alliances are
always a challenge in China.
Grow organically. Organic growth provides
full control of the strategies and goals without exter-
nal interference, and allows best use of resources.
But organic growth is slow, and
time is of the essence, particu-
larly in rapidly growing markets.
Valuable opportunities can slip
away when attractive takeover
targets are surrendered to more
aggressive rivals.
Organic growth is particu-
larly suitable during the early
stages of a market, when there
is very little competition, rapid
integration is well into the future and rivals are not
strong enough to acquire other firms. Companies
involved in joint ventures or strategic alliances
often view organic growth as a way to maintain
freedom in decision making after gaining a full
understanding of the market and building the
capabilities to grow independently.
Chart the network. Expanding to new regions
creates new logistical needs, which means that
operational networks must be laid out based on
the direction and volume of customers’ freight.
There are several key considerations in
network layout. Where should national and
regional operation hubs and cargo collection
outlets in cities be set up? What are the best
routes, in order to balance volumes and load
(such as a mix of heavy and light shipments)?
How should the mix between owned assets and
resources and those that are outsourced (especially
because given volumes are unbalanced in China)
be balanced? Also important is how and where to
set up sales and delivery networks, defining the
exact routes, rules and standards for all distances
and overall service quality. Developing contin-
gency plans regarding operation routes, resource
allocation and field activities are also vital to
maintaining stable operations.
Responsive, flexible operations networks are
the basis for meeting customers’ changing demands
and managing costs, and can give a transporta-
tion and logistics company up to three years of
market leadership. For example, network costs
for road transportation companies typically rep-
resent up to half of total costs, but these costs
can be reduced by up to 10 percent by managing
the network more effectively. The most common
approach is to combine a hub-and-spoke net-
work with a point-to-point network to balance
cargo volumes and traffic. Network optimization
can also help cut unnecessary waiting times at
a hub, reducing total transportation time by up
to 30 percent.
Implementing a network approach might
mean going back to the basics—improving net-
work management with support from human
resources, network-optimization tools, a stronger
IT system and organizational restructuring.
Considering company cultures and
maturity, alliances are always a
challenge in China.
12. CHINA 2015: TRANSPORTATION AND LOGISTICS STRATEGIES | A.T. Kearney10
Improve the cost structure. Costs are a serious
issue in the transportation and logistics industry,
which is not highly profitable. Some segments,
such as air freight, have long lingered around the
breakeven point. Cost pressures will increase in
the coming years as competition increases and
low-carbon rules become the norm.
The following initiatives can help reduce costs:
Go lean. Lean processes refers to streamlining
and optimizing internal processes, using key per-
formance indicators (KPIs) to drive down variable
costs and improve operational efficiencies. For
example, an air freight company can implement
a lean mechanical maintenance process to improve
costs and efficiency, while a contract logistics firm
can use lean warehousing to improve utilization
and cut operational costs.
Adopt strategic sourcing principles. Sourcing
is not simply about getting a discount by consoli-
dating volume. Strategic sourcing examines the
total cost of ownership and includes various tac-
tics that drive down costs while offering a differ-
ent way to work with suppliers.5
Improve asset management. All transporta-
tion and logistics companies have vital assets—
such as vehicles and warehouses—that guarantee
the delivery of quality, flexible services. Asset
management ensures that costs are calculated
accurately, asset structures are precise and cash
flow is exact.
Restructure the organization. Dividing or
consolidating functions, adjusting organizational
structures and incentive mechanisms, and estab-
lishing a system of KPIs will reduce overhead,
generate transparent internal coordination and
clear accountability, and ultimately improve over-
all operational efficiency and flexibility.
Cashing in on Rapid Growth
Profound changes are ahead for the transportation
and logistics industry. Strong strategic planning
and a firm implementation roadmap will be vital
for success in this increasingly competitive indus-
try. As China’s economy continues its rapid growth
is assured for the transportation and logistics
industry. But who will emerge from the pack?
5
For more information, see A.T. Kearney’s Purchasing Chessboard at www.purchasingchessboard.com.
Authors
Mui-Fong Goh is a partner and leader of the transportation practice in Asia. Based in the Beijing office,
she can be reached at mui-fong.goh@atkearney.com.
Tina Wang is a principal in the Beijing office and can be reached at tina.wang@atkearney.com.
Chee Wee Gan is a principal in the Shanghai office and can be reached at chee.wee.gan@atkearney.com.
Jian Li is a consultant in the Shanghai office and can be reached at jian.li@atkearney.com.
Zhanfu Yu is a consultant in the Beijing office and can be reached at zhanfu.yu@atkearney.com.
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