How can the logistics industry seize opportunities?

With the development of national free trade zone construction, free trade zones will become important nodes in the global supply chain layout, gradually forming a global supply chain system with free trade zones as the core. Logistics enterprises will fully utilize the opportunity of supply chain upgrading and gradually transform from traditional logistics to high-end logistics and supply chain services.

Under the new situation, the open economy with the construction of free trade zones as a breakthrough has developed rapidly. Not long ago, the overall plan for the Guangdong Tianjin Fujian Pilot Free Trade Zone was approved, and the Politburo meeting of the CPC Central Committee called for further deepening of the reform and opening up of the Shanghai Free Trade Zone.

With the development of China's free trade zone construction, the functions of free trade zones are becoming increasingly perfect, the network of free trade zones is gradually forming, and the exploration and attempts of free trade zones in the logistics field are also beginning to achieve results. China's logistics industry will usher in huge opportunities.

The logistics industry is facing significant opportunities

Firstly, customs clearance procedures help improve the efficiency of international logistics. Under the framework of the free trade zone system, aligning with new international rules and innovative institutional designs is the core breakthrough point. Among them, the convenience of customs clearance is an important component of international rules, and it is also the earliest replication measure to achieve docking and promotion. Since its establishment over a year ago, Shanghai Pilot Free Trade Zone has taken a series of customs clearance and clearance measures. It is estimated that the average customs clearance time for imported goods in Shanghai Pilot Free Trade Zone is 41.3% lower than overseas, and the average customs clearance time for exports is 36.8% lower than overseas.

Secondly, the liberalization of trade in services improves the environment for logistics development. At present, China's service trade structure is unreasonable, with a service trade deficit of $198 billion in 2014, a large part of which is the transportation service trade deficit. Compared to trade in goods, trade in services requires a higher level of liberalization and facilitation development environment. One of the key factors in establishing a free trade zone is to promote the opening up of the service industry, which serves as a landing platform and pilot base for the liberalization and facilitation of service trade.

Thirdly, regional economic integration has promoted the coordinated development of regional logistics. Currently, regional economic integration is a strategic idea for national development. As a bridge for reform and opening up, free trade zones have significant "spillover effects" and "radiation effects" on the regional economy, gradually forming regional logistics nodes and important hubs, promoting regional economic integration.

Fourthly, implement the strategy of going global to promote the transformation and upgrading of cross-border logistics. This year's government work report points out that encouraging enterprises to participate in overseas infrastructure construction and capacity cooperation, and promoting Chinese equipment such as railways and electricity to the world, cannot be separated from the support and guarantee of cross-border logistics.

Fifth, the global value chain guides the optimization and development of the supply chain. In recent years, the global value chain has become an important driving force for global economic integration. With the internationalization of division of labor, globalization of trade, and reduction of logistics costs, the advantages and effects of global value chain cooperation are very obvious. The international industrial division of labor has shifted from horizontal division based on comparative advantages of various countries to vertical division centered on multinational corporations in the industrial value chain.