Higher Level of Dependency of China's Economic Development on Logistics

In line with the data from Ministry of Commerce, the total value of China's logistics amounted to RMB38.4 trillion in 2004, growing by 29.9% over2003 with the increase 2.9% over 2003. According to introduction, demand for logistics has got rapid growth in 2004 in China. Logistics demand coefficient, the ratio of the total GDP in China and the total value of logistics is 2.8 with a trend of continuous increase, obviously