Noida, India (PressExposure) December 16, 2009 -- RNCOS has recently added a new Market Research Report titled, âChinese Logistics Market Forecast to 2012â to its report gallery. The economic value generated by logistics industry in China has been witnessing phenomenal growth, driven by rapid economic growth and manufacturing-based economy. In recent years, both government and industry players have incorporated measures in order to attract investments and improve the performance level. The liberal economic approach adopted in policy measures along with increasing demand of goods and domestic market has resulted in exponential growth patterns for the industry.
The large geographical spread and concentration of production bases across the country have resulted in high opportunity level for small and large logistic services providers in the country. The recent government initiatives to frame industry specific policy and regulatory framework by end of 2009 present favorable outlook for the logistics industry in China.
We expect that logistics industry, experiencing only marginal effect of economic recession in 2009, to attain almost similar performance levels achieved in 2008. The industry will regain its lost momentum in 2010 with positive growth led by economic recovery and gaining demand levels in both domestic and international markets.
âChinese Logistics Market Forecast to 2012â provides extensive research and rational analysis on the Chinese logistics industry along with brief overview of the key players operating in the industry. Our research findings will definitely help consultants, industry analysts and vendors to get in-depth knowledge of the current, past and future performance of the industry.
The forecast given in the report is based on a correlation between past market trends, statistical analysis and industry drivers and gives a direction to clients in which the industry is likely to move. It will also help clients in identifying opportunities to tap in the Chinese logistics industry.
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