Xin Lang Ke Ji·2025-11-07 07:03Core Viewpoint - The logistics costs in China are significantly higher than in developed countries, primarily due to disorganized movement of goods, which leads to excessive handling and transportation. The company aims to reduce these costs by optimizing logistics operations and believes that within five years, the logistics cost as a percentage of GDP can drop from over 14% to below 10% [1][2]. Group 1: Logistics Cost Analysis - In 2006, China's logistics costs accounted for over 18% of GDP, while in developed countries like the US and Europe, this figure was only 6-8%, and Japan's was below 6% [1]. - As of last year, China's logistics costs were reported at 14.1%. Reducing this to 6% could save enterprises trillions in net profits annually, which would foster technological advancement and improve employee wages, creating a positive economic cycle [2]. Group 2: Company Logistics Strategy - The company has been in the logistics industry for 18 years, focusing on minimizing the number of times goods are handled. In 2007, a product in China was moved an average of 7.2 times from production to delivery [2]. - The company has built a national logistics network with over 3,600 warehouses and more than 660,000 frontline employees, being the only firm that fully pays social insurance for all frontline workers [2].