Yiwu Thailand Logistics tells you the significance of logistics in the industry

Yiwu Thailand Logistics is here to talk about the position of logistics in the industry today. Logistics is a part of supply chain activities, which is the process of planning, implementing, and controlling the efficient and low-cost flow and storage of goods, services, and related information from the place of origin to the place of consumption in order to meet customer needs. Centered around warehousing, promote production and market synchronization. The logistics industry is a composite service industry that integrates transportation, warehousing, freight forwarding, and information industries. It is an important component of the national economy, involving a wide range of fields, absorbing a large number of employees, and playing a significant role in promoting production and driving consumption. It plays an important role in promoting industrial structure adjustment, transforming economic development mode, and enhancing national economic competitiveness.

The contribution of the logistics industry to the gross domestic product can be measured by the proportion of the output value created by the logistics industry to the gross domestic product. From 2001 to 2008, the proportion of added value of the logistics industry to GDP showed a fluctuating downward trend, while from 2009 to 2013 it showed a fluctuating upward trend, indicating that the position of the logistics industry in the entire national economy has been improved. In 2013, the added value of China's logistics industry was 3.9 trillion yuan, a year-on-year increase of 8.5%. The growth rate rebounded by 1.1 percentage points compared to the first half of the year, but fell by 0.7 percentage points compared to the same period last year. The added value of the logistics industry accounts for 6.8% of GDP and 14.8% of the added value of the service industry.