China issues Automotive Logistics Development Report 2024

BEIJING, 13th November, 2024 (WAM) -- China’s vehicle transportation structure has significantly optimised, forming a highly efficient comprehensive vehicle transportation network, according to the China Automotive Logistics Development Report 2024 released Tuesday at the China Automotive Logistics Conference in Beijing.

According to China Central Television (CCTV), the volume of auto logistics shipments has experienced a significant increase of 32.3 percent compared to 2014. Over the past decade, the share of rail and waterway transport has risen from 15 percent to approximately 40 percent. Rail transport, characterised by its continuous operation, high capacity, eco-friendliness, and efficiency, has emerged as a stabilising force within the international supply chain.

Meanwhile, road transport has become primarily focused on short-distance distribution, with its share in long-haul routes declining and average transport distances shortening. A survey found that 57 percent of vehicle logistics companies report average single-trip distances below 500 kilometers, according to the report.

"Road logistics is focused on short-distance delivery and pickups, while rail and waterway handle long-haul routes. From the perspectives of green sustainability, efficiency, and cost, this structure is more rational," said Zuo Xinyu, secretary-general of automotive logistics branch under China Federation of Logistics and Purchasing.

As China's automakers expand into overseas markets, auto logistics companies are also actively establishing a global logistics network.

"For example, around 10 automakers have set up production capacity in Thailand, Malaysia, and Indonesia. This requires our auto logistics companies to keep pace with manufacturers and take the step toward globalization," Zuo said.