Qingdao to be logistics centre of China for Japan and South Korea

2007-12-4

Qingdao will be developed as a regional logistics centre of China, Japan and South Korea in the next five years, Xinhua reported.

Qingdao will develop three integrated logistics centres and nine specialised logistics bases by 2012, making it a logistics hub for the China, Japan and South Korea, the report said.

The three planning logistics centres include Qianwan Port Logistics Centre, Airport Logistics Centre and Jiaozhouwan Overland Integrated Logistics Centre, the report said.

The share of logistics in Qingdao's GDP is expected to improve to 12 per cent by 2012 and trade of Qingdao with southeast Asia, Europe and North America will grow at a faster pace, the report added.

Source: schednet
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