China logistics sector growing as costs gradually reduce
China's logistics industry grew 12.5 percent in 2006, representing 17 percent of all the growth in China's services industry, according to a report this week from the country's National Bureau of Statistics and the China Logistics Alliance Network.
Perhaps more significantly, the ratio of complete logistics cost to the national GDP decreased to 18.3 percent from 18.5 percent in 2005. As recently as 2004, it had topped 20 percent.
China logistics sector growing as costs gradually reduce
