Logistics chief: Worst of storm over

China's logistics industry has weathered the financial crisis and will eventually emerge with stronger, modern companies, said Ma Zengrong, vice-chief of the exhibition division of the China Federation of Logistics and Purchasing.

To reduce impacts from the crisis on the logistics sector, the central government released a restructuring and revitalization plan early this year to assist the pivotal industry with wide-ranging support that includes financing and tax breaks, Ma said.

Logistics companies themselves have streamlined by integrating resources, making procedures more efficient and improving services, he added.