Mckinseyresearch report

Logistics between China and India From Fast & Furious

The following is the Logistics between China and India From Fast & Furious recommended by recordtrend.com. And this article belongs to the classification: research report, Mckinsey .

On January 19, 2020, McKinsey released its latest Logistics Industry Report “speed and passion: China India logistics ride the waves”. This report describes the development trends, perspectives and opportunities of the logistics industry in China and India against the background of the “subversive” changes in the logistics industry in the two countries.

In the past decade, with the rapid development of China’s economy and technology, the logistics industry has changed dramatically. Although the overall economic growth is cooling, China is still one of the fastest growing economies in the world. Chinese consumers are full of confidence, and consumers in urban and rural areas are experiencing different levels of “consumption upgrading”. After the explosive growth, the original pure online e-commerce market has opened the “new retail” era of online and offline combination. The continuous emergence of new formats has opened up a new world for the high-tech “tide maker” in the logistics industry.

At the same time, digital technology has created new opportunities for China’s logistics industry. China is one of the world’s largest incubators and the world’s largest disruptive technology investor. In the new round of digital transformation, each business sector will grasp the “pen of cutting-edge digital technology”, rewrite the industrial structure, and enhance the productivity of the whole value chain.

China is also one of the biggest beneficiaries of globalization and indispensable in global commodity trade. If the “one belt, one road” Cooperation Initiative is launched in a comprehensive way, cross-border trade will flourish, creating a new platform for China’s traditional B2B commodity logistics and X2C e-commerce logistics. The above strong trend will become the cornerstone of the transformation of China’s logistics industry in the next few years.

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