By Wang Haiyun
City officials last week said that the local logistics industry created 110 billion yuan in revenue last year, up more than eight percent year-on-year.
Local authorities attributed the growth to industry investment and the promotion of rail connections between Xiamen and Europe. In 2017, more than 100 trains transferred over 8,000 TEU of cargo worth a collective two billion yuan from Xiamen to Europe. The totals include traffic along a new route between Xiamen and Moscow that commenced in August. The rail system will continue to develop both in Fujian while forging new connections to southeastern Asia.
A number of logistics projects are currently underway in the city, including a two-billion-yuan logistics park in Tong'an. When open in 2019, the facility will serve as JD's largest logistics park in Asia as well as a hub for the company's electronics business in Fujian.