Because of the continuous construction of advanced infrastructure facilities, unremitting efforts to introduce state of the art technology, adequate, investment and management innovation, the modern logistics industry of TJFTZ and its Airport Logistics Processing Zone is achieving development at a high level. The total value of goods into and out of TJFTZ and the total volume of imports and exports for the years from 2000 to 2005 have both witnessed sharp rises, with an average annual increase rate of over 40%. In 2005, the total value of goods to and from TJFTZ reached $18.76 billion and the total volume of imports and exports in dollar terms was $815 billion. This represents an increase of 42.9% and 50% respectively over the figures for the previous year.
With the intent of building an international logistics center to serve the Bohai rim region, the Three Norths (ie, the north, northeast and northwest of China) and Northeast Asia Generally, TJFTZ has made constant efforts to create a logistics operational environment that ensures great convenience, high efficiency and is in line with best international practices. These efforts have paid off because numerous transnational corporations have decided to invest in the center. These corporations include Masker of Denmark, M&M of Switzerland and UPS of the U.S.A. Toyota Company’s automobile spare parts and accessories distribution center in TJFTZ is the largest of its kind in China and Toyota’s largest outside of Japan. YCH, a Singaporean company is now the largest logistics enterprise in TJFTZ with the value of its goods in and out of TJFTZ in the year 2005 reaching $3.4 billion. In the course of establishing regional logistics centers and purchasing centers, transnational corporations have introduced to Tianjin their advanced business concepts, valuable management and operational experience and opportunities for market development. This has combined to produce a powerful engine for pushing forward the growth of the modern logistics industry of the city.
TJFTZ’s business operational and management mode conforms with best international practices and also suits the general conditions of China. TJFTZ Administrative Committee, the Customs House, inspection and quarantine departments, foreign exchange control agencies, financial institutions and the airport and harbor authorities have made joint efforts to build a highly efficient customs clearance platform. They have adopted policies that are conducive to the development of the logistics businesses and focused on creating a multi-modal transportation system: by sea, air, land and train. Its e-business platform and approval procedures have been simplified to accelerate customs clearance. These services are provided on an around-the-clock basis. New inspection and quarantine methods are used and foreign exchange settling and purchasing procedures have been modified to provide a fast track for the flow of goods. More than 60 million RMB has been poured into the drive to improve the level of available information as a means to promote the modern logistics industries. The e-business and modern logistics pilot project was a key national program for the years from 2000 to 2005.As a result, the functional departments and key enterprises are now inter-linked. Online business handling and automatic clearance services are available and this has markedly improved the level and efficiency of business operations, lowered logistics costs by significant margins, and eventually enhanced the overall competitiveness of the logistics industry. OKAYA&CO.,LTD. has established the world’s most advanced logistics demonstration center in TJFTZ.
The establishment of the logistics centers in Tianjin Airport Industrial Park and Tianjin Airport International Logistics Zone means TJFTZ that is now able to provide services extending to eleven provinces, cities and regions in north China, northwest China and the Bohai rim region. TJFTZ is seeking to establish a major international logistics center in China. By the end of 2010, the anticipated value of goods handled will reach $58 billion which is very substantial Judged by world standards.
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