China Business Services is pleased to announce that we will be a partner for The First International Logistics China Congress (ILCC) in Beijing from October 18-20, 2006.
The Chinese transportation and logistics market has been growing at an exponential rate over the past few years, fueled by the Chinese government reforms and opening up of the market. The statistics speak from themselves:
- China has over 200,000 logistics companies, whereas in the US there are only around 7,000.
- From 1999 to 2004, Chinese total cargo value for logistics services has increased 12-fold, from USD 3.75 trillion to USD47.5 trillion. During the same period, the revenue for logistic services almost tripled from USD28.2 billion to USD100 billion.
- From 2002 to 2005, more than half of all logistics service providers have grown their business by 30% year on year.
- By the end of 2005, almost all the world leading logistics enterprises entered the Chinese logistics market.
The growth is great, but the delivery is not always efficient. A report in the China-Britain Business Review notes that logistics make up 40 percent of the cost of goods sold in China, compared to just 10 percent in the US. So there is a long way to go in terms of efficiency. More on the market can be seen in our earlier post, here.
ILCC will provide a unique platform that captures and present a comprehensive view about the current Chinese logistics market, its trends and investment opportunities, an accurate interpretation of the latest related government policies as well as all the major players in China.
The event is officially supported by the National Development and Reform Committee, industry associations as well as experts. ILCC is hosted by the Chinese Communication and Transportation Association (CCTA), China’s most influential government endorsed association for transportation and logistics industries. Professor Wang De Rong, Deputy Chairman of CCTA – regarded as one of the most important logistics authoritative figures in China- says:
“China logistics industry is growing rapidly. Since our association recommended to the Chinese government to develop the logistics industry in the late 90’s, we have seen the growth of both Chinese and international investment into the area. We believe now it is necessary to provide a high-level information sharing and networking platform for both domestic and foreign key players.”
The Congress will provide comprehensive information about policies, the industry’s investment environment, latest market trends and a “how-to-invest-guide” for foreign and domestic participants. On the foreign side, the congress is already being supported by Australian Logistics Council, The Chartered Institute of Logistics and Transport based in Europe, Hong Kong Logistics Council, Taiwan Logistics Associations, Korea International Trade Association, as well as business chambers of commerce. These official supporters will ensure a high quality event in terms of total concept, congress program, speakers and exhibiting companies.
The congress is built around the “3rd Annual China Logistics Top 100 Awards Ceremony”, one of the key event for Chinese logistics companies, which guarantees the presence of the senior executives from the 100 most influential Chinese logistics companies. The 10 largest top 100 enterprises in 2005 were:
China Post Logistics
COSCO International Freight Co.,Ltd.
China Merchants Logistics
JC TRANS Logistics Inc.
Tianjin Datian W. Group Co., Ltd
China National Materials Storage and Transportation Corporation
China Railway Container Transport Co.,Ltd.
SITC Maritime（Group）Co., Ltd.
China Railway Parcel Express Co.,Ltd
For the first time, foreign transportation and logistics companies and joint ventures operating in China are invited to participate and compete for the awards in the following categories:
Best Foreign Shipping Organisation
Best Foreign Invested Logistics Company
Best Foreign Cargo Airline
Logistics CEO of the Year
Best Logistics equipments and technology service providers (including trucks, forklifts, automatic equipments and technology solution providers)
REDGATE Consulting specializes in China-international business development and consultation for both international and domestic clients with a focus on the logistics industry. With more than 15 years of local and overseas China-related consulting experience and a national team covering 200 Chinese cities, with partner offices in Europe and Australia, REDGATE Consulting is the International advisor for the conference.
The Association: CCTA (China Communications and Transportation Association). Established in 1982, CCTA (China Communications and Transportation Association) is sponsored by NDRC (National Development and Reform Commission), MOR (Ministry of Railway), MOC ( Ministry of Communications), and General Administration of Civil Aviation of China. CCTA has approximately 2,000 corporate members, 74 national professional associations and sub-branches nationwide.
CCTA acts as advisor and consultant to both government and business. CCTA strives to promote the development, reform and technical advancement in the transport, postal service and telecommunication sectors. CCTA also protects the legal rights of the transport, postal service and telecommunication industries as well as its members.
Further information on the 1st International Logistics China Congress is available on www.ilcc.com.cn