TNT Express is vying for a larger share of China’s road delivery market, said CEO Marie-Christine Lombard. China’s delivery market will reach the same size as the current U.S. market by 2020, valued at €60 billion. TNT sees opportunities in the Chinese market because many logistics companies don’t pay enough attention to prompt delivery times, and customers are demanding a higher quality of service. TNT’s day-definite delivery service ― a guarantee to deliver a package by a certain date ― reaches 1,128 destinations in more than 140 large and medium-cities across China. Other companies only do it on a limited scale, says Lombard. “China’s logistics market is dividing into two separate markets: one is dominated by domestic delivery companies, which usually have no international networks or well-known brands, but compete with each other in a cutthroat price war; the other is controlled by the major four foreign companies who focus on high-end international express business,” said Chen Zhuo, Industrial Analyst at Huachuang Securities. According to Chen, China’s logistics market will grow by 21% year-on-year in the next five years. TNT Express accounted for 33% of the €1.2 billion express business between China and Europe in 2010. Formerly part of TNT Group, TNT Express listed on the Amsterdam Stock Exchange in May 2011, the China Daily reported.