Fujian pushes forward modern logistics

Fujian province has recently introduced a development plan for the modern logistics sector.

According to the plan, by 2015, the province will earn 210 billion yuan ($33.64 billion) in logistics, which accounts for 8 percent of the province's GDP and over 20 percent of services.

From 2012-2015, Fujian will develop eight kinds of projects, including logistic industrial parks, distribution centers, service platforms, trade and logistics cooperation projects, and key logistics-based cities. By late 2015, 80 percent of the projects will be finished and put into operation. Investment projects will be financed with more than 50 billion yuan. Key logistic enterprises will make 80 billion yuan in yearly revenue.

Edited by Lin Hong and Michael Thai