BEIJING: Chinese logistics firms are beefing up efforts to invest in logistics infrastructure and launch overseas warehouses in a key step to bolster the development of cross-border eCommerce and ensure the stability of industrial and supply chains, industry experts say.
JD Logistics, the logistics arm of Chinese eCommerce giant JD, said it plans to speed up infrastructure construction globally and build more overseas warehouses in the Americas, Europe, South-East Asia, Australia and the Middle East, where Chinese enterprises are accelerating steps to expand business activities with the eCommerce penetration rate continuing to rise.