Trade & Economy
A Quick Take from Blue Book of China's Commercial Sector (2019-2020): A closer look at retail and e-commerce logistics in China
Technological advancement and explosive growth of e-commerce in the country have brought huge development prospects for the retail and e-commerce logistics segment. Smart technologies have empowered logistics transformation – many logistics companies, retailers and e-commerce operations are investing in building smart logistics networks and carrying out digital transformation. Meanwhile, to better cope with the rapid shifts in consumer preferences, both retailers and logistics players are actively exploring innovative ways to improve logistics services and provide quicker delivery for consumers.
This article presents and briefly discusses seven major developments in China’s retail and e-commerce logistics market.