DHL to expand investment in western China
June 30, 2011 Category Express delivery, Logistics
Deutsche Post-DHL’s express division will continue expanding its investment in China, especially in the western region, said Ken Allen, Chief Executive of DHL Express. Wu Dongming, Managing Director of DHL-Sinotrans International Air Courier, a joint venture in charge of DHL’s express business in China, said notable business growth was seen in cities in the western and central regions, such as Chengdu, Chongqing and Wuhan. To meet the growth in business volume, the company will consider scheduling more flights to connect Chengdu and Chongqing with its central Asian hub in Hong Kong, Wu said. The company’s North Asian hub in Shanghai, a USD175 million investment, is under construction and is expected to ease the capacity strain on its Hong Kong hub. Once its open, more direct flights will be scheduled to key Asian markets. Between January and April, revenue in China’s express industry jumped by 25.7% year-on-year to CNY21.42 billion. The overseas express business accounted for 26.9% of the total revenue, according to China’s State Post Bureau.
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