Current location:International Insights news portal > entertainment
FedEx upgrades gateway in Shenzhen
International Insights news portal2024-04-30 07:24:02【entertainment】7People 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://nauru.sacramentovalleycamft.org/news-6e699912.html
Very good!(693)
Related articles
- United Methodists prepare for votes on lifting LGBTQ bans and other issues at General Conference
- Roadside concerts become a hit in SW China's Guizhou
- China breathes digital life into historical heritage like Great Wall
- Shanghai sculpture show sees Rodin, Sanxingdui in dialogue
- Goodbye to Scotland's answer to Liz Truss: How Sturgeon's short
- China's Chen/Jia into 4th women's doubles final at badminton worlds
- Growing north
- Greater choice gives tourism sector a boost
- Chinese, Cambodian martial artists make joint performance at famed Angkor
- Highlights of beach volleyball match at 19th Asian Games
Popular articles
- Emily Henry interview: The secret to having a healthy relationship with love
- Chase Elliott drives backward after Texas win that could get him going in the right direction again
- Action movie The Pig, the Snake and the Pigeon stays atop China's box office chart
- 30 days to go, anticipation for impending Hangzhou Asian Games runs high across Asia
Recommended
The North London neighbourhood plagued by anti
China eases past Myanmar to reach last 16 in Asiad men's football event
Ethnic village thrives on tourism
Roadside concerts become a hit in SW China's Guizhou
Top Chinese diplomat meets with executive secretary of ESCAP
Scenic spots keep locals coming back
New farmers sow seeds of hope for modern farming
Action movie The Pig, the Snake and the Pigeon stays atop China's box office chart
Links
- Camila Cabello goes makeup
- Catherine Zeta
- Nelly Korda puts six
- Heartbreaking pictures show 24
- Colleges seek to balance safety and students' right to protest Gaza war
- UEFA picks two video review referees at center of controversy for Euro 2024 duty
- Taylor Swift pops a pill to forget the pain she's suffered at the hands of bad
- Emily Blunt gazes adoringly at husband John Krasinski as they grace the red carpet at star
- UEFA picks two video review referees at center of controversy for Euro 2024 duty
- Victoria Beckham arrives at her 50th birthday party at a swanky private members club on crutches