Zhejiang Logistics, deepening the Malaysian market

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(Spin Digit Editorial):- Kuala Lumpur, Malaysia Sep 27, 2022 (Issuewire.com) – 2022 Zhejiang Service Trade-Malaysia Logistics Service Session, hosted by the Zhejiang Department of Commerce and organized by Zhejiang Sanbo Exhibition Co. Ltd.

Malaysia is a notable emerging economy in the world in the Asian region. Since the 1990s, the domestic economy has been growing rapidly and is one of the “Four Asian Tigers”. Driven by the economy, Malaysia’s e-commerce industry is growing rapidly, with 24.83 million e-commerce users in the country, accounting for 76.2% of the country’s total population. In the future, covered warehousing services and diversified transportation methods will be the top priority of Malaysia’s logistics industry. This means that the local urgent need to establish a huge logistics network, which not only requires the support of e-commerce enterprises and the vigorous development of infrastructure but also requires a collection of warehousing, distribution, the last mile, e-commerce field management platform for the creation of a full range of logistics companies working together.

Since the “13th Five-Year Plan”, Zhejiang’s logistics development scale and comprehensive strength continue to strengthen, from 2015 to 2020, the province’s logistics industry added value average annual growth rate of more than 8%; national logistics hub as the traction of the logistics facilities layout continues to improve, Ningbo Zhoushan port-type national logistics hub, Jinhua (Yiwu) trade service national Logistics hubs successfully shortlisted for the first batch of national construction list (a total of 23 nationwide); digital intelligence as the characteristics of the logistics industry model innovation in the forefront, Transfer intelligent logistics platform, Cainiao network technology new energy intelligent logistics vehicle platform, Zhoushan river, and sea logistics services information platform selected as the first batch of national backbone logistics information platform pilot.

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Malaysia’s dedicated cloud exhibition mainly involves logistics solutions, logistics services, outsourcing, supply chain services, and other logistics fields. The exhibition has attracted many logistics service enterprises from Zhejiang to participate, including famous brand enterprises such as Noli Intelligence and Lidar Robot. Based on the offline matching in the early stage, these enterprises will break through the geographical limitation using online live broadcast and 1-to-1 remote negotiation to have effective trade interaction with Malaysian enterprises, open up precise trading channels and establish a brand new cooperation platform. It is estimated that the intentional turnover of this Malaysia-specific cloud exhibition is expected to reach 10 million USD.

Under the influence of the global epidemic, this online exhibition is held to help logistics service enterprises in Zhejiang Province to expand more overseas cooperation channels in information technology cooperation, service outsourcing, engineering technology, etc. It is also conducive to accelerating the business expansion of Zhejiang enterprises in the markets of RCEP member countries, better promoting the visibility and influence of Zhejiang logistics in the field of the global logistics industry, and actively promoting the Chinese economy and the world economic integration, ushering in a new starting point.

Source :CREAT

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