WASHINGTON, DC-China is not just exporting good anymore. Changes in the country over the years have created a major consumer society, and its logistics sector is trying to adapt, according to new research by Jones Lang LaSalle.
Three trends are taking place that are moving this along: the increase of the country's middle class, and uptick in incomes and the development of a strong infrastructure. All of these factors are creating oppportunities for US firms looking to invest in China, according to JLL.
“China is still learning how to transport, warehouse and market goods in the modern global economy,” said Craig Meyer, head of Jones Lang LaSalle’s Industrial and Logistics group. “US companies have extensive experience in these disciplines and have tremendous room to apply their talents in China.”
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