Current location:World Watchers news portal > sport
FedEx upgrades gateway in Shenzhen
World Watchers news portal2024-04-30 14:15:42【sport】6People have gathered around
IntroductionFedEx Express, a unit of FedEx Corp, said on Wednesday that it had completed significant upgrades to
FedEx Express, a unit of FedEx Corp, said on Wednesday that it had completed significant upgrades to its gateway facility in Shenzhen, Guangdong province, in a move that is expected to fortify its foothold in the ever-expanding Chinese market.
The company expanded its Shenzhen International Gateway at Baoan International Airport — one of the four major FedEx international gateways in China — to over 4,500 square meters, doubling the sorting capacity of packages and documents, while increasing freight handling capacity by 50 percent.
After the upgrades, the facility boasts an intelligent management system dubbed e-warehouse, the company said.
"Shenzhen, renowned for its trailblazing economic innovations, has always been a focal point in our growth strategy," said Robert Chu, vice-president of operations at FedEx China.
"Our expanded gateway represents a milestone in our commitment to Shenzhen and the broader South China region. By fostering a more efficient Customs clearance process, we aim to empower businesses here with a seamless international trade experience, bolstering their global competitiveness," Chu said.
As a robust engine of the Guangdong-Hong Kong-Macao Greater Bay Area, Shenzhen has been the top foreign trade city in China for the past 30 consecutive years due to its efficient logistics systems and innovative measures such as the "Smooth Flow Plan" for sea and air ports.
Shenzhen Customs posted 675.2 billion yuan ($93.8 billion) in imports and exports in the first two months of this year, a robust year-on-year growth of 45 percent.
The data further cemented the city's position as a leader in the nation's cross-border e-commerce sector, which achieved an import and export volume of 326.53 billion yuan in 2023, a year-on-year growth of 74.4 percent.
In the first two months, the Association of Southeast Asian Nations became Shenzhen's largest trading partner, with trade value totaling 106.92 billion yuan, a 58.1 percent increase.
Wang Mingyong, deputy general manager of Shenzhen Guanxu Electronics, a headphone manufacturer, said: "Our company's export volume increased by 40 percent in the past two months, especially to the Philippines, where exports increased by eightfold compared to the same period last year."
Wang said that to further explore the ASEAN market, his company plans to establish an Amazon sales center in the Philippines in May and he is expecting a fivefold increase in overseas market exports this year.
Wang Zhen, vice-director of the Department of Regional Planning and Development at China Development Institute in Shenzhen, said that by leveraging their respective comparative advantages and thanks to Shenzhen's robust manufacturing industrial base, the scale of intermediate goods trade between Shenzhen and ASEAN continues to expand, while the momentum for open cooperation between Shenzhen and ASEAN is also growing stronger.
Address of this article:http://unitedkingdom.esherfc.com/content-4e699926.html
Very good!(4)
Related articles
- Shenzhou XVI crew looks forward to challenge
- 2023 'My Story of Chinese Hanzi' international competition wraps up in N China's Jincheng
- Who is unhappy about Syria's return to the Arab League?
- Griezmann scores 2 as Atletico Madrid beats Girona 3
- Xi affirms nation's commitment to future of humanity
- A ticking bomb
- Decreased clout reason for U.S. anger at Beijing
- To ensure that the global economy grows on right track
- Embassy welcomes 'home' overseas Chinese
- Draft judicial explanation on marriage released for public review
Popular articles
- Chinese company signs MoU with Ethiopia to light up off
- Village in E China's Shandong thrives on Spring Festival couplets industry
- Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
- Commentary: U.S. needs to honor commitments with actions to improve ties with China
Recommended
Scholars of South Sudan, China pledge collaboration for mutual development
China strongly opposes Slovenian PM's 'dangerous' remarks on Taiwan: FM
Perenara equals Super Rugby try
Commentary: U.S. needs to honor commitments with actions to improve ties with China
New technologies of smart agriculture on display at 5th CIIE in Shanghai
US society wrong to unleash anti
Understanding what an open China means to the world through "thinner" suitcases
Sébastien Haller’s first Dortmund start since winning Africa Cup lasts just 8 minutes
Links
- Xi's Speech at Meeting of Central Commission for Public Sector Reform to Be Published
- PMs of Italy, Portugal call for ambition to attack the crisis
- China suspends HK extradition, judiciary assistance treaties with Canada, Australia, Britain
- Animal husbandry sees broad prospects in digitalization
- Meeting of EU Foreign Affairs Council held in Brussels
- Key Takeaways from Xi's State Visit to Vietnam
- 4805 fully E
- NYC paints Black Lives Matter mural in front of Trump Tower
- Peng Liyuan Visits Vietnam National University, Hanoi
- Charting global diplomacy: win